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As you (hopefully!) know, at Start-Up Chile we support technology-based ventures to boost their businesses. We finance startups in all stages of development, from an idea in the validation process to a consolidated enterprise looking to reach new markets.
We have three different acceleration programs for the different stages of development:
Build: Offers co-financing of $10 million (approximately US$ 12,000) to support the pre-acceleration of entrepreneurs in early stages. This could mean they have innovative concepts in the validation process, or they already have functional prototypes.
Among the winners, at least 50% of the selected projects must be led by women.
Ignite: Subsidy of $25 million (approximately US$ 31,000) for those startups with a minimum viable product (MVP), with fewer than three years of development. Companies led by women can claim co-financing of 90% of the total cost of the project.
Growth: Line of financing that seeks to support technological entrepreneurs in the expansion stage of their businesses. The subsidy is $75 million (approximately US$ 93,000). In this, as in the other programs, startups led by women have greater co-financing than those led by men.