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Imagine Business Lab begins its first round of 2014 startup applications

Initiative gives support to ICT entrepreneurs to make Chile an innovation hub

SANTIAGO, CHILE – April 2014: Imagine Business Lab, an accelerator for information and communications technology (ICT) businesses, is opening its first application round for projects that contribute to and optimize the industry of ICT.

“We are looking to promote innovative businesses with high-growth potential that can contribute to the ICT industry and the Chilean market,” comments Pablo Traub, CEO of Imagine Business Lab. “We have created the ideal ecosystem to kick-start the enterprises and guide them in this challenge, thanks to the support of mentors, companies, and ICT specialists.”

The selected entrepreneurs will be granted up to $60,000,000 CLP ($100,000 USD), access to a meeting place for them and other entrepreneurs, numerous Microsoft startup support programs such as “BizSpark,” involvement in investment-generating activities, as well as training and capacity-building projects.

Additionally, Imagine Business Lab has an international network of mentors composed of dedicated business leaders and executives with accomplished careers in the ICT industry. These mentors are willing to share, advise, and guide the selected entrepreneurs embarking on their innovation adventure.

The application process will be open until May 20. Those interested can apply on the website of Imagine Business Lab ( and/or send their questions to [email protected]. Acceleration experts, entrepreneurs, investors, and ICT business leaders will review the applications.

About Imagine Business Lab

Imagine Business Lab is a business accelerator born in 2014 to promote Chilean startups in the ICT sector that propose innovative solutions with high social impact.

Resulting from an alliance between Microsoft, businesses from the ICT industry, and the Guild Association of Software Development Companies (GECHS), and supported by CORFO, Imagine Business Lab encourages the development of ICT businesses, especially in software development.

Imagine will make available¬†Microsoft startup support programs such as “BizSpark,” as well as networks, technologies, investment-generating activities, and training and capacity-building projects.

Imagine Business Lab plans to work with 100 companies per year.

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