ICTSturtups

1. The Brand
CATALINA BRÄUCHLE |
HEAD OF COMMUNICATIONS
MOLDOVA ICT SUMMIT | APRIL 27th
,2016
The story of Chile’s
entrepreneurial revolution

2. DO YOU KNOW CHILE?
CHILE? LIKE CHILI SAUCE, RIGHT?

3. START-UP CHILE
ONE OF THE LARGEST & MOST DIVERSE
STARTUP COMMUNITIES IN THE WORLD

4. FROM 2010 TO 2015
+1,100 STARTUPS
+70 COUNTRIES
+3,000 ENTREPRENEURS

5. HOW DID IT ALL START?

6. THE BEGINNING
ENTREPRENEURIAL CONTEXT IN 2009
LACK OF GLOBAL
STARTUPS
ISOLATED
MENTALITY
LOW
INNOVATION
NO INSTITUTION
SUPPORT
LOOKING FOR
DEVELOPMENT

7. NICOLÁS SHEA
• Earthquake 8.8 in Chile
• Rebuild country & economy
• US Visas denied to Foreigners
• Incorporating foreigners best
way to connect a country to the
world
THE BEGINNING

8. GOVERNMENT ROLE
MINISTRY OF ECONOMY
Chilean Economic
Development Agency
GRANT VISA CHILEAN ID

9. VISION & MISSION
GOAL 1
CHILE AS THE LEADING
INNOVATION AND
ENTREPRENEURIAL HUB
OF LATIN AMERICA
GOAL 2
CHANGE THE
CHILEAN MINDSET

10. ATTRACTING FOREIGN ENTREPRENEURS
“ENTREPRENEURSHIP REQUIRES TALENT
REGARDLESS OF THE NATIONALITY”
NICOLÁS SHEA

11. WHAT DO WE OFFER?
TALENTED PEOPLE FROM
THE ENTIRE WORLD LIVING IN CHILE
ONE YEAR WORKING
VISA AND SOFT LANDING
TRAINING, MENTORS,
CONNECTIONS & PERKS
CO-WORKING
SPACE ($0)
EQUITY FREE MONEY

12. START-UP CHILE METHODOLOGY
OPERATIONS
MARKETING
& COM
SOCIAL IMPACT
& NETWORKS
ACCELERATION EXPERIENCE
Selection Process Word of
Mouth (meetups)
Platoons Soft Landing Entrepreneurial
Events
Upcoming Events
Demo Day Sup Academy
Meetups &
WorkshopsInternational
Mentor Network
Sup Lunch
Alliances with
other entities
Recognition
Program
Give 10% of time
Newsletter
Press
Give Grant
Financial
Follow-Up

13. IN EXCHANGE OF WHAT?
SOCIAL IMPACT:
GIVE BACK TO OUR SOCIETY

14. IN EXCHANGE OF WHAT?
4,549 ACTIVITIES IMPLEMENTED
208,656 PEOPLE ATTENDED

15. AFTER 5 YEARS…

16. RESULTS
“The best country for business
in Latin America” December 2015.
“The best country for innovation in Latam”
January 2016.
“The most innovative country for early stage
entrepreneurs” January 2015.

17. NATIONAL & INTERNATIONAL PRESS
+4,000 PUBLICATIONS WORLD WIDE

18. NATIONAL & INTERNATIONAL PRESS

19. ECONOMICAL IMPACT

20. ROI IN CHILE
Just considering the impact that our startups are doing from Chile,
we have 4 to 5 times the Chilean government investment
INVESTMENT RETURN

21. RESULTS
+250 Startups (out of the
1054 that have finished
the program)
+USD $180
Million
Total CORFO investment to date
$21.149.861.737 CLP ~$30.607.615 USD
(USD691)
FUNDS RAISED GLOBALLY
(INFORMED BY OUR STARTUPS)
x 5.8
CORFO
INVESTMENT

22. CHILE AS A PLATFORM FOR LATAM AND THE WORLD
10.3%
1,054 STARTUPS ALUMNI
334 IN CHILE
OF THE TOTAL FOREIGN
FOUNDERS STAY IN CHILE
32%
RETENTION

23. SALES FROM CHILE
x 3.5 CORFO INVESTMENT/YEAR
TOTAL CORFO INVESTMENT 2015:
USD $11.9 MILLION/YEAR
USD $41.5 MM / YEAR

24. GLOBAL ENTREPRENEURSHIP INDEX 2016
SOUTH
AFRICACHILE
UNITED
STATES
UNITED
KINGDOM
UNITED ARAB
EMIRATES
#16
#1
#9
#19
#52
Is the leading country
within South and Central
America and Caribbean
region with 63
Is at a historical
high of 86.2
Is the leading european
country with 67.7
Is the leading country
within the Sub-Saharan
Africa region with 38.5
Is the leading country within
the Middle East/North
Africa region with 61.4

25. FROM CHILE TO THE WORLD
PUERTO
RICO
PERU
JAMAICA
BRAZIL
MALAYSIA
SOUTH
KOREA
6 COUNTRIES REPLICATING
THE START-UP CHILE MODEL
+50 COUNTRIES CREATED A STARTUP
PROGRAM AFTER START-UP CHILE

26. SUCCESS CASES
LAB 4U
TRANSFORMING YOUR SMARTPHONE
INTO A SCIENCE LAB

27. BUREO SKATEBOARDS
BOARDS MADE OUT OF RECYCLED
FISHING NETS
SUCCESS CASES

28. BABY BE
KEEPING PREMATURE BABIES
CONNECTED TO THEIR MOTHERS
SUCCESS CASES

29. START-UP CHILE NOW

30. START-UP CHILE PROGRAMS
THE S FACTORY SEED SCALE
20-30 startups/batch
≈ USD$14,000
80-100 startups/batch
≈ USD$30,000
15 startups/batch
≈ USD$85,000
PROTOTYPE VALIDATE SCALE
MARKET & INVESTORSTRAINING
250 STARTUPS/YEAR | 2 BATCHES/YEAR EACH

31. OUR VALUES
DARE NOT
TO BE
SQUARE
#DO IT
YOURSELF
THE TRIBE
CREATE
EXTRAORDINARY
THINGS
HEAD AND
HEART BALANCEFACE VALUE NEVER STOP

32. WHO CAN APPLY?
Think and
go Global!
Technological
based products
and services
Concept stage or
prototype ready
- Depending on
the program
Depending
on the program
What’s going to
be your impact
in Chile?
Founder
MUST live
in Chile
GLOBAL TECHNOLOGY PRODUCT/
SERVICE
TIME IMPACT CHILE

33. ATTRACTION PROCESS
INDIA
VENEZUELA
UNITED KINGDOM
MEXICO
RUSSIA
OTHER14%
1%
3%
1%
2%
3%
CHILE45%
BRAZIL11%
UNITED STATES9%
ARGENTINA5%
PERU3%
COLOMBIA3%
GEN 16 MOST REPRESENTED COUNTRIES

34. GEN 16 INDUSTRIES
31%
INFORMATIONANDCOMMUNICATIONTECHNOLOGIES
29%
OTHER
9%
EDUCATION
8%
HEALTH
5%
TOURISM
3%
CULTURE
2%
SUPPLYCHAINSERVICES
2%
AGRICULTURE
1%
ENERGY
1%
ENVIRONMENT
1%
ARTISANAL
1%
WATER
1%
INFRASTRUCTURE/FACILITIESDEVELOPMENT
1%
HOUSINGDEVELOPMENT
1%
TECHNICALASSISTANCESERVICES
4%
FINANCIALSERVICES
ATTRACTION PROCESS

35. PITCH FINALE: 80 - 100 PARTICIPANTS/EACH
SUPPERS + ACCELERATORS

36. TECH EVENING: 150 PARTICIPANTS/ EACH
SUPPERS + PROFESSIONALS + INVESTORS + ACCELERATORS

37. SOCIAL NETWORKS
FOLLOW US!
@STARTUPCHILE
STARTUPCHILE
@STARTUP_CHILE
START-UP CHILE
/STARTUPCHILE
@STARTUP_CHILE

38. The Brand
ATACAMA DESERT, CHILE

39. The Brand
ATACAMA DESERT, CHILE

40. The Brand
THANK YOU!
CATALINA BRÄUCHLE | HEAD COMMUNICATIONS
@catabrauchle | catalina@startupchile.org