I studied in Chile, and it's a great country. The climate is similar to California, the people are great and the cost of living is pretty low. You'll need to know some Spanish to really get the most out of it, but most of the wealthy speak okay English.<p>On the business side, if you look at Chile's consumer websites (used cars, apartments, etc.) they're all pretty old-school 90's looking. There's definitely room for local and South American innovation.<p>Likewise, local software education is a little old school overall. This means that they need progressive devs and progressive devs can really benefit there. I see this program as trying to use this synergy.