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Get $40k grant for your startup. Live in Chile for 6 months.

158 pointsby iamelgringoalmost 14 years ago

22 comments

iamelgringoalmost 14 years ago
I met one of the associate directors of Startup Chile last night at a Hackers &#38; Founders event. These people are amazing. They are trying to revamp their economy by changing the culture, and to do that, they want to import startup culture. So, their government has set aside $100M over the next four years to get 1,000 startups to come to Chile for six months and work.<p>But even more than that, their vision is much larger. They want the program to become a success, so that other, less developed countries start similar programs. Their goal is to try and convince 10 other governments of developing countries to embark on similar projects.<p>They are trying to hack their economy. And... it's working.<p>I was shocked to heard that their applicant pool wasn't that large.<p>Also, they are willing to take people at the idea stage.<p>So, if you want to build your startup, and take part in one of the best economic hacks I've heard of in years... apply.
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thaumaturgyalmost 14 years ago
Since it's a frequent topic of discussion here, it's worth pointing out that Chile is still not bound by the Patent Cooperation Treaty (<a href="http://www.uspto.gov/web/offices/pac/dapp/pctstate.html" rel="nofollow">http://www.uspto.gov/web/offices/pac/dapp/pctstate.html</a>), although they are taking some steps in that direction (<a href="http://chile.usembassy.gov/press20090731_mou.html" rel="nofollow">http://chile.usembassy.gov/press20090731_mou.html</a>).<p>If you have a product that you think might be popular enough to run afoul of the U.S. patent mafia, it might be worth consulting with someone versed in Chilean patent law and trying out a launch there instead.
econgeekeralmost 14 years ago
Chileans are interesting. I like the country, they seem to be culturally capitalist (though when we were there we did observe a communist party having a rally of some sort.) But on the street, you don't see kids bugging you for money, the poor kids go around selling coca-colas in the park. The older kids sell american cigarettes.<p>Chileans don't seem paranoid, or to have an inferiority, nor a superiority complex like many people. They're open, but not pushy. If you don't say anything to them, they'll leave you alone, but if you ask a question they'll try to answer it.<p>Santiago has a gay quarter which looked about comparable to the kind you'd find in an american cities. We were there during the day so I can't say anything about the scene, other than it isn't in the closet.<p>Oh, and they have the best food.<p>Highly recommend Chile as at least a place to visit. I could certainly live there.
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andrewcookealmost 14 years ago
i live in chile, although i work for us companies. when this was announced i was pretty sceptical, but it does seem to be making a significant difference to the local culture. there is a lot more "buzz" - many more meetings, job offers, companies appearing. there's even a conference being organised - <a href="http://www.startechconf.com" rel="nofollow">http://www.startechconf.com</a>
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mlokalmost 14 years ago
Related : <a href="http://news.ycombinator.com/item?id=2497037" rel="nofollow">http://news.ycombinator.com/item?id=2497037</a> <a href="http://news.ycombinator.com/item?id=2240081" rel="nofollow">http://news.ycombinator.com/item?id=2240081</a><p>...and since searchyc is now dead (RIP), there is this : <a href="http://www.hnsearch.com/search#request/submissions&#38;q=chile+-earthquake+-disaster&#38;start=0" rel="nofollow">http://www.hnsearch.com/search#request/submissions&#38;q=chi...</a>
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corryalmost 14 years ago
What's the cost of living like down there? What's the equivalent of ($40k in Chile) in a typical US city? i.e. ($40k in Chile = $x in Atlanta).<p>Seems like a cool program, just trying to understand how far that $40k would go (or even the $5k that you can pay yourself).
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angusgralmost 14 years ago
This seems an exceptionally interesting &#38; exciting idea. Is this the first time something like this has been run institutionally in an emerging economy or developing nation?
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wiradikusumaalmost 14 years ago
this is a very silly question, but what are the odds they will accept founders from Asia? i'm Indonesian currently working in Malaysia. if the odds are good, i'm willing to try. i don't want to waste my and their time submitting application if i know they favor certain countries of origin (i just pessimistically think they're luring people from Valley and the like, not just some random countries).
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limedaringalmost 14 years ago
Last I looked at this, I thought one of the requirements was that your startup had to directly affect Chile, like providing jobs or something of that sort. Am I completely incorrect or is there something on there with that provision?
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Okvivialmost 14 years ago
I wonder what the internet penetration, internet speed and mobile penetration is in Chile. Do they see this as something that would directly benefit Chile through the products or something that would just create a pool of people and ideas that would indirectly improve the startup environment in Chile.<p>And then the broader question in my mind is: can you build a successful US focused startup from somewhere else? Aren't the first six months some of the most critical stages of your product development where you have to be close to your users and understand their needs well?
Futur1stalmost 14 years ago
When I first heard about this a few months back I was somewhat skeptical, but it seemed like a great idea. It's nice to see a Gov't that doesn't have its head firmly lodged up its own ass and one that is trying different approaches to attracting business. From the other comments it seems as though it's working out pretty well- When I can no longer take anymore of the politics and RIDICULOUS politicians here in the States, Chile could be a good place for the next adventure...
runT1MEalmost 14 years ago
40k for six months of my life in an area where I don't have a lot of familiarity or a network of business associates or friends isn't a great deal.<p>Six months of my life to win a contract with the Chilean government to use my software, and I'm sold. How much support or networking is done by the program? Is it pretty much you get the money and you're on your own in a foreign country?
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daimyoyoalmost 14 years ago
I was looking into living in Chile after I heard about this program and one thing that really jumped out is that the Chilean Peso is running at more than 450-1 against the dollar. Does anyone know why the currency is so devalued? Is the political situation unstable? Or is the sovereign debt situation out of control?
matioyeahalmost 14 years ago
I'm a non-technical guy (in that I don't really code) with a decent looking prototype built out of a CMS and minor hacks.<p>Would applying for something like this with the intent of working with Chilean, or other, coders be a waste of the reviewers' time?
markddotmealmost 14 years ago
Any developers here interested in applying? I've been thinking about it but I'm primarily on the business side. If anybody would like to discuss possibilities please check my profile for further background and contact info.
clb22almost 14 years ago
I suggest you to sign up on <a href="http://www.startupdigest.com/chile" rel="nofollow">http://www.startupdigest.com/chile</a> to stay connected with chilean startup scene!<p>Disclaimer: I'm the curator of Chile Startup Digest<p>@cleiva
ccarpentergalmost 14 years ago
I'm a chilean entrepreneur looking for a cofounder to apply to Startup Chile: <a href="http://news.ycombinator.com/item?id=2824118" rel="nofollow">http://news.ycombinator.com/item?id=2824118</a>
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lawfulfalafelalmost 14 years ago
I looked at the application sheet, is it preferable to already have incorporated before applying? Or is that a no-no like YC?
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wolfparadealmost 14 years ago
how many times can I apply?
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bazookaBenalmost 14 years ago
any social/mobile game startups considering a move to Chile?
funthreealmost 14 years ago
I got a survey from these guys a few weeks ago and it had cc'd over 400 applicant emails, including mine, for all to see.
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gcbalmost 14 years ago
how much is 40k in chile?<p>can i and 2 other cofounders move there and have a good place to stay each? ...maybe one or two with the wifes?
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