Chilean startups: Are you ready for MIT Media Lab’s Aji Challenge?

Startups, developers, researchers and inventors in Chile, Encuentros is looking for you!  Applications for the Aji Challenge, sponsored by MIT Media Lab are now open. Apply before 31 March 2013 to qualify for a chance to win an all-expense paid trip to USA to pitch your idea.

MIT Media Lab recently kicked off the ‘Ají Challenge’ innovation and entrepreneurship contest, an initiative organized by ‘Encuentros 2013’ who reunites hundreds of professionals, professors, researchers and Chilean entrepreneurs abroad every year. Continue reading

Jump Chile – the first national university business competition

With this new youth contest Jump Chile and its motto “Boosting your idea”, EmprendeUC made a huge leap!

After 5 successful versions of this contest, the Pontificia Universidad Católica of Chile, in cooperation with EmprendeUC and SURA Chile and presented by the newspaper El Mercurio, organized the contest “Jump Chile”, which aims at motivating all the young entrepreneurs (pre and post graduates) to apply their business ideas, thesis, researches and projects in categories such as applications and mobile, products and services, health, education and social entrepreneurship.

Last Monday Jump Chile was launched, among others with the presence of the Minister of Economy, Pablo Longueira, who in his speech stressed the necessity of competitions like that for our country and that this step towards innovation is so significant and necessary to achieve development. Continue reading

Startups seek to support and motivate young Chileans in improving their English

English as a lingua franca.

Is that what it really is?

Of course, also Spanish is a widely spread and spoken language, especially in LatAm, but in some situations we must realize that being fluent in English is extremely helpful.

And sometimes even required!

Some days ago, the British Council and Trabajando.com, published alarming statistics about the level of English of Chilean professionals, emphasizing that about every fourth job, and that is a quarter, required knowledge of the English language.

Nevertheless, the Chilean reality demonstrates that 80 % of the professionals in fact only has an insufficient level in this area.

Besides, 55% of young people had to admit that they are not able to have a fluent conversation in English, while 91% of them indeed stated that English is relevant and essential for their professional development.

For the future it is estimated that by 2020, 3 of every 4 jobs, so 75% will require you to be bilingual.

Two Chilean startups in conjunction with EF Chile are now addressing this problem by launching an interesting solution. These two brilliant startups are Sensication, founded by Gonzalo Torrealba and José Miguel Calderón, and iKwest, also founded by Gonzalo Torrealba and his partner Heiko Linn to develop cell phone technology for big companies.

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Riverwood Capital launches $200,000 Latin America Start-Up Challenge

Earlier today Riverwood Capital announced a Latin America Mobile, Web & Cloud Start-Up Challenge aimed at discovering and showcasing the next wave of highly successful technology startups they believe will be born in the region.

With their average investment check size ranging from US $20-70 million, you can imagine how ‘uber excited’ co-founder boy and I were when we received news that Riverwood Capital was expanding into the Latin America startup scene!

Furthermore, they generously extended an invitation for AndesBeat to be among their distinguished partners to help introduce and personally connect them with Chile’s startup community.

Alas, it is with great honor that we welcome and present to Chile’s startup community, Riverwood Capital, a globally-focused private equity firm that invests in high-growth businesses in the technology and services industries, across a variety of verticals and geographies.

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TIC Americas 2012: Registrations close Dec 15th

The Talent and Innovation Challenges of the Americas (TIC Americas) of the Young Americas Business Trust (YABT) provides a platform of opportunities for young entrepreneurs to create and grow their business ideas. The competition goes beyond the development of a business plan to include support, follow-up, with opportunities for international visibility, networking, and market access.

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