International

Start-Up Chile Build Pre-Acceleration

Start-Up Chile

About This Scheme

A 4-month equity-free pre-acceleration program offering CLP 15 million (approximately ₹13.5 lakh) in funding for early-stage startups with validated ideas or an MVP.

The Start-Up Chile Build program is a dynamic 4-month pre-acceleration initiative specifically designed for early-stage, high-impact startups. It targets ventures that have progressed from a validated idea to an early prototype or Minimum Viable Product (MVP). The program's core mission is to provide tailored support and resources to enable exponential growth for participating companies. A key feature of Build is its commitment to gender diversity through the Female Founder Factor initiative, which ensures that at least 50% of the startups selected for each generation are led by women. This initiative aims to foster a more inclusive entrepreneurial ecosystem. Upon successful completion of the pre-acceleration phase, promising startups may also gain the opportunity to transition into the more advanced Ignite program, facilitating continued development and scaling of their businesses. Start-Up Chile typically welcomes two generations of Build participants annually, with each cohort accommodating up to 50 innovative startups.

Benefits

The Build program provides an equity-free grant of CLP 15 million (approximately ₹13.5 lakh), allowing startups to grow without giving up equity.
Participants receive a comprehensive 4-month pre-acceleration program, including tailored mentorship and networking opportunities.
There is also a possibility to transition to the Ignite program for further business development, offering continued support and growth avenues for promising ventures.

How to Apply

Selection Process

The selection process for the Build program is highly competitive, focusing on identifying high-impact ventures with strong potential.
Applications are rigorously reviewed by a dedicated selection committee comprising experts from Start-Up Chile and its partners, assessing the startup's idea validation, team strength, market potential, and readiness to leverage the pre-acceleration support.
A significant criterion is the commitment to the Female Founder Factor, ensuring that at least 50% of the cohort comprises women-led startups.
Shortlisted applicants are typically invited for further evaluation rounds, which may include interviews, presentations, or deeper dives into their business models.
Final selections are made based on a comprehensive assessment, ensuring a diverse and promising cohort ready for accelerated growth.

Quick Info

Amount / Funding

Varies

State / Region

International

Ministry / Dept

Start-Up Chile

Application Window

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