We're considering incorporating a business here because we want to have an office in Santiago long-term. But no-one has a gun to our head. I'd read those requir

We're considering incorporating a business here because we want to have an office in Santiago long-term. But no-one has a gun to our head. I'd read those requirements as a guideline for the sort of involvement they want from participants. And if you can't spare an evening a week to come out and network.... Very practically, if your goal is a quick acquisition by a company in California this is not the place for you. But if you're starting a business that can drive revenue this is a huge win in a number of ways. Either you'll get cash-flow positive or more without giving out equity or you'll be able to expand faster than you would simply bootstrapping, or you'll be in a better position to raise investment six months out. EDIT: worth noting -- the subsidy is denominated in Chilean Pesos (20 million CLP). So it's technically something like 42.5k USD at this point. You have to spend it all in six months though so it's possible not to use it all.