Programs such as internationally recognized Start-Up Chile and Chile’s new portal for incorporating a business (online) in just one day is making it easier forthe world to do business with Chile. While PayPal Latin America and Multicaja’s new partnership is working to make it easier for Chile to do business with the world.
Their newly launched program ‘Retiros Multicaja’ (announced April 5, 2013) will allow SMB’s in Chile to transfer money from their PayPal account and deposit it in their local bank account and withdraw it in Chilean pesos. It also significantly expands Chilean SMB’s prospective client base as they can now accept payment from 193 countries and access 128 million consumers who might be able to benefit from their product or service.
While this news may not seem ‘exceptional’ for most businesses especially those in North America or Europe, this is a very big deal and ‘win’ especially for emerging economies in Latin America.
Cross-border transactions are tough, especially when an emerging market is involved, regardless of whether the transactions are initiated from within or outside. Using credit and debit cards online is too risky for many buyers in developed markets such as U.S. and UK, and it is even more so in emerging markets where online fraud is much more common. PayPal comes in handy with its buyer protection which is typically much more user-friendly than dealing with card issuers and merchants.
We all want to learn something new, don’t we? So why not learn from the best?
My mom and I have a deal: She teaches me how to cook the most delicious meals of all, and in return I teach her how to use the computer and create stunning PowerPoint presentations. This way, both of us learns from the other and teaches the things he can do best. But there is a limit of what my mom and I can teach each other. Neither of us knows how to speak Chinese, for example. But there are millions of people that can, the question is: How do you find them?
For all Spanish speakers, there is Floqq, an online platform that offers a great variety of educational courses in the form of high quality videos for anyone who wants to perfect or improve any professional or personal skill via the internet. The platform launched in Latin America on March 19th offers more than 600 courses, which have a price of US$10-20, to people from Argentina, Chile, Colombia, Mexico and Peru.
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.
AndesBeat is proud to announce Christian Limon from Tapjoy as our next confirmed AndesMade mentor.
He will be working with our international advisory team for our forthcoming AndesMade immersion based initiative to support Chilean startup founders and tech entrepreneurs with rapid prototyping and quickly getting their ideas into the marketplace with their bootstrapping mode on.
As Chile is home to less than 100,000 developers, we have a big job at AndesMade to build awareness, education and opportunities so that we can start growing a new ecosystem of specialized and mobile apps developers.
One of the major incentives to stimulate and capture the interest of this group will obviously be exploring ways to mass distribute and monetize those apps.
Santiago Chile’s soon to be legendary MakerSpace featuring its Atari 2600 consoles (RIP Atari Founder), classic pinball machines and 3D printer machines provided yet again ‘the perfect venue’ for bringing together timeless classics with timely visionaries here at the edge of potential in Chile, South America.
On its signature day of the week, First Tuesday (Chile) in collaboration with Founder Institute (Silicon Valley) hosted an invitation only gathering to celebrate the success of its inaugural graduating class of the first Founder Institute in Latin America and set the stage for what to expect from their partnership in the year ahead. Continue reading →
This week is the Kimlu Scientific Camp (for teens) in Viña del Mar, Chile. The annual Kimlu Scientific Camp is hosted by Ciencia Joven, one of Chile’s leading science academies for young people.
Each year, Kimlu hosts 30 talented youth with high technical and scientific aptitude, from around the country to participate in their weeklong intensive program.
On January 8, 2012, Carlos Leiva (AndesBeat co-founder) and I are absolutely ecstatic to be among their distinguished speakers and furthermore to have the opportunity to mentor and work alongside Chile’s next generation of scientists/doctors and researchers. Continue reading →
Realizing how important it is to have access to research talent in terms of AndesBeat vision to ignite a new generation of startup thought leaders in Latin America, this weekend, Carlos Leiva Burotto (AndesBeat co-founder) and I will be actively participating in two major and critical events this weekend that showcase and support Chile’s rising innovators, designers, engineers and scientists and ultimately next generation of startup thought leaders.
Together these rising young engineers, scientists, researchers and designers are part of our collective network of teen and truly young innovators which is currently more than 1,200+ young people throughout Chile. Continue reading →
Editors Note:This is Part 2 of a 2 part post. Part 1 introduces Techolab, Latin America’s Largest Open and Social Innovation Platform.
Techolab, Latin America’s largest open and social innovation network and incubator has successfully completed its first contest ‘Desafío Clave’ (Key Challenge), sponsored by INJUV. Three winners, selected out of a pool of nearly 800 applicants, walked away with $60,000 USD each to further research and build out their respective projects.
Techolab is an open and social innovation ‘virtual’ platform and incubator co-created by the Center for Innovation at Un Techo Para Chile, one of Latin America’s fastest growing NGO’s (currently in 19 LatAm countries and USA) and Pullcolab, a Chilean based technology startup dedicated to implementing and managing social communities of innovation and entrepreneurship, using technology designed by the company called ”Workcolab.” (Sidebar: Pullcolab were the guys who did an incredible job on the platform design for Startup Weekend Chile 2010). In its first 5 months, more than 8,000 people have registered to the Techolab community.
The last half of the century has seen most industries we buy our goods and services from become concentrated in the hands of fewer, larger, often global companies. With this shift, employment has migrated to these companies. At the same time, individual people, regardless of age, socioeconomic status or gender are creating their own ventures to become self-sufficient and fill the voids left by these large businesses. The situation we are currently experiencing is both a global phenomenon and opportunity for any person that enters the marketplace. Continue reading →