There us one similar program in Chile, from the Chilean Gov't. It's called Start-Up Chile, which give $40k for no equity!!! They are currently recruiting at www

There us one similar program in Chile, from the Chilean Gov't. It's called Start-Up Chile, which give $40k for no equity!!! They are currently recruiting at www.startupchile.org Sydney - Santiago = 16 hrs flight, less than to Silicon Valley :)