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26 Start-Up Chile startups that have launched
- jot 15y agoIf you think you can do better than this lot, check out the next round of funding, details launched today: http://www.startupchile.org/about/apply/yourdecision http://www.startupchile.org/about/apply/yourdecision
- IanOzsvald 15y agoOur round (Round 2) and @jot's (Round 1) each had 100+ companies, I believe another 100 arrive this/next week with Round 3 and we'll expect a similar nbr for Round 4. In Round 2 & 3 there were 600 applicants with properly-completed forms, if you're interested in the odds :-) Personally I'll say that being here is very nice, it is great to avoid having to take on client consulting work to pay the mortgage. Things could be better (reimbursements, mentoring, access to more money) but things are a lot better for me than if I'd stayed back in the UK. I'm going to meet 1,000 pro-active folk out here in the following 5 months, I'd not find that many in the UK via my old networks.
- rohansingh 15y agoWhile this is cool, all of these that I clicked on weren't really "launched" so much as they have a splash page. I'd be interested in seeing what actually launches down the road.
- nischalshetty 15y agoWe http://grabinbox.com http://grabinbox.com have launched and are part of the 26 startups mentioned in there.
- j_camarena 15y agoWe have our demo day on May, keep tuned :).
- newyuppie 15y ago@agentpiggy is also launched
- IanOzsvald 15y agoI agree that many people here haven't launched in a public way. We ( http://strongsteam.com/ http://strongsteam.com/ ) have some closed alpha users and add more every few weeks, we'll be months before hitting beta. There are however a nice set (10%?) who have launched and may not be in @jot's page, some are physical products (e.g. photo booths for bars, waste water boilers->clean water, human waste sanitisers) which don't appear on the list. There's quite a mixed set out here which makes for very across-the-board conversation.
- jot 15y agoA few more have come out of the woodwork so we're now up to 30. That's 10% of the 300 that were funded last year.
- alexro 15y agoTo the program participants: are these 40000 USD meaningful for doing a startup there? Is it like living on noodles or better/worse?
- jot 15y agoAccommodation costs are low, housing allowance is enough to live in a modern apartment (often with a pool) for 6 months. Food costs are similar to Europe / US. If you do eat cheaply you'll have more personal cash to spend on other things / save to stretch out your stay.
- newyuppie 15y agoWe at @agentpiggy went from no product to version 1 for soft beta launch with that money, living comfortable enough and eating salad and chicken.
- decurated 15y agodecurate.com. If you're a 2 person team with development skills, the $40k will easily cover living expenses and product launch. You're capped at a salary of $750 each + $1200 for rent total (these were the limits for two members when we were there). We developed the site in 10 weeks and had a significant amount of money to invest in customer acquisition.
- IanOzsvald 15y agoI'll echo @jot, we're another UK team (Round 2, been here 8 weeks). The pricing is similar to Brighton back home (smaller than London on the south coast), we get a 2 bed very nice apartment for £850UKP equivalent (though we pay a £100 excess each for that, no pool here sadly either), our bills for cooker-gas/electric/internet are another £100/mo on top. We could have chosen more central, smaller and cheaper but we chose a nice/larger place. The Metro is roughly £1 per journey (bus/metro/both). Cell SIM is £20/month for HSDPA with a reasonable data limit. Food is similar to back home (lunch costs £10, evening meal £10-£30, supermarkets the same as home). Basically we get to live in a city for the cost of a small UK city which, for us, is quite a nice deal. Nobody else has complained about the amount of money (which comes for 0% equity), the problems are more around the govt. bureaucracy and the refund process which saps time. We jut got almost 100% of our requests first month reimbursements back at a time-cost of 1.5 days. At the end of the day we've got $20k USD to invest in people and $20k to live off here. Fine for MVP->launch (we're 3 weeks from alpha launch with http://strongsteam.com/ http://strongsteam.com/ ).
- deleted 15y ago[deleted]
- ccarnino 15y agoWe as Challengein.com and Fanchimp.com, Startup-Chile round 1, have launched two products in those 6 months.
- amareshray 15y agoQuick question - does startup chile accept companies with only a single founder?
- cnu 15y agoThey don't have any official policy regarding number of founders. I think wedoist is one such startup which has a single founder.
- herval 15y agoactually it's up to 3 (or at least it was)
- jturly 15y agoYes! I was accepted as a sole founder.
- jot 15y agoIn early rounds about 1/3 were single founders and there are still many in more recent rounds.