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.
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The Chilean underground startup ecosystem is finally starting to rise to the surface (meaning little known startups launched by Chileans).
Proving that startups can be successful outside of the popular government sponsored Start-Up Chile program, the team at BOMBAcamp has recently announced they have been successful in raising 100% of their first fund for their new BOMBAstars accelerator. Geared toward startups in Latin America, the program will award USD $25,000 to up to 20 selected startups a year.
We’re super excited about it at AndesBeat because it’s one of the few models we have seen that is more aligned with accelerators and equity stakes with the states. Less than 3 years ago it was not uncommon to hear of local investors who took up to 40% equity in startups and offered no mentorship, training or access to networks in exchange.
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If you believe in seizing the moment, today is the day you need to act on that feeling!
The co-founders of NXTP Labs, an Argentinian based Accelerator Program, arrived to Chile yesterday to begin their second round of prospecting and hunting for startups and projects to incubate in the NXTP labs program.
Yes, you read that right, Ariel Arrieta and Gonzalo Costa (NXTP Co-Founders) are here in Santiago TODAY ONLY with the ambitious goal of interviewing entrepreneurs with projects related to social networks, technology, mobile, internet, software and media & entertainment.
If this profile describes your project or startup, complete your details in the application form and visit Casa Lastarria, located in Lastarria #70, Santiago. Continue reading →