HOW TO APPLY FOR STARTUPCHILE

by someone who has been accepted twice

Friday 14 December 12

WHERE IS CHILE?

You know you want me to tell you

Friday 14 December 12

WHERE IS CHILE?

GMT - 5Dry, warm climate

(Santiago)Spanish is the official

language25% more expensive than

Cape Town

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Friday 14 December 12

Barnardo O’Higgins

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Barnardo O’Higgins

Salvador Allende

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Barnardo O’Higgins

Salvador Allende

Augusto Pinochet

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Barnardo O’Higgins

Salvador Allende

Sebastián Piñera

Augusto Pinochet

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THE BIG IDEA

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WHAT DO YOU GET?

• US$40,000 to spend on your company

• A 1 year work visa

• ‘Soft landing’

• Bilingual program office

•Office space

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• Spend 6 months in Chile

• Contribute to local entrepreneurship

• Run meet-ups / attend events / mentor or hire local staff

• Keep accurate spending records

• Takes about 1.5 days per month

WHAT IS EXPECTED IN RETURN?

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Friday 14 December 12

STARTUPCHILE SO FAR

• 550+ teams accepted since late 2010

• 1,000+ entrepreneurs

• ~US$22.5 awarded

• Closes in 2014 (maybe)

• +could end at any time!

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10%22%

18%42%

8%

Scaling Sales Beta Scaling OpsPrototyping Idea

WHO HAS BEEN ACCEPTED?

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WHO HAS BEEN ACCEPTED?

• Social Media

• E-Commerce

• Education

• IT + Enterprise

• Travel

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JUDGING CRITERIA

• Applicant (33%)

•Network (33%)

• Project (17%)

•Market (17%)

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THE APPLICANT

• Have they done something impressive in their career?

• Have they experience leading a company?

•Do they have global ambition?

• Strong recommendation letters?

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NETWORK• How well connected are

they?

• How could their team impact the Chilean eco-system?

• How well articulated is their plan?

• JUST AFTER THE $$?

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THE PROJECT

• Have they a creative + interesting pitch?

•Does it threaten to disrupt a market?

• Is it attractive and feasible?

•Does the team have access to intellectual property / technology?

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MARKET

•Market size? Can they achieve leadership?

•Do they know who they are targeting?

•Do they understand their present / future competition?

• Competitive Advantage?

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0

375

750

1,125

1,500

ApplicantsJudging

ShortlistSelected

THE PROCESS

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VIDEO MISTAKES

•Not showing the founder team in person

•Not doing your own voice over / commentary

• Low production values

• Spending < than a day on the video

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NATE LUSTIG

• nathanlustig.com

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• Round 7: March 4th, 2013, closed: April 2rd, 2013.

• Round 8: June 10th, 2013, closed: July 9th, 2013

• Round 9: September 9th, 2013, closed: October 8th, 2013

•

STARTUPCHILE.ORG/APPLY

Friday 14 December 12

LET’S TALK

• james@jameskennedy.ie

•@jameskennedy

• In Cape Town till the 17th

Friday 14 December 12