Startups find free money in South America – CNN Money

Want to find out more about doing business with South America?  Apply for an invitation to Global Innovation Summit. #GISummit2014

*****************************************************************************************************************************************

start up chile

Start-Up Chile offers $40,000 of equity-free funding to entrepreneurs who move to Chile for six months to work on their projects.

NEW YORK (CNNMoney)

A year ago, Hugo Bernardo thought he was right where the co-founder of a tech startup belonged: Silicon Valley. Now, he’s running his company Easy Vino from South America and most of his customers are restaurant owners in São Paulo.

What changed? Bernardo took advantage of Start-Up Chile, one of several South American initiatives luring entrepreneurs from abroad. In 2010, he moved to Chile where the government gave him $40,000 to help grow his business.He’s not alone. Since 2010, the Chilean government has offered $40,000 of equity-free funding to startups accepted into its program Start-Up Chile. Read more here http://money.cnn.com/2013/11/25/smallbusiness/south-america-startups/index.html


One Comment on “Startups find free money in South America – CNN Money”


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s