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Syrenaica Joins Start-Up Chile

We are pleased to announce that Syrenaica has been chosen among 1400 companies as one of the winners of Start-Up Chile, being granted equity free seed capital.

http://startupchile.org/word-is-out-here-are-the-105-new-suppers/

A program targeted to help entrepreneurs with high business potential to develop their companies in Chile and project them globally.

This marks a very important milestone for us and we are very happy be part of the most prestigious  innovation ecosystem of Latin-America.

We are part now of a select community of participants, 105 in total, hail from 31 different nations and comprise the sixth round of Start-Up Chile applicants.

About Start-Up Chile

Start-Up Chile is a program created by the Chilean Government that seeks to attract early-stage high potential entrepreneurs to bootstrap their startups using Chile as a platform to go global. In line with the national goal of converting Chile into the innovation and entrepreneurship hub of Latin America, the program plans to bring 1,000 startups to Chile by 2014.

During the six months the participants must be in Chile– for which they receive US$40k of equity-free seed capital, a 1-year work visa, and access to local financial and social networks– the objective is to raise funds, hire talent, create networks, and to launch their businesses from Chile while leveraging and interacting fully with the local entrepreneurship ecosystem.

The program, unique in the world, and catalyst of similar initiatives such as Startup America, Britain, Brazil, and Greece, is the ideal opportunity for bootstrappers to receive funding without ceding equity while utilizing one of the strongest Latin American economies as their launching/development platform. Start-Up Chile has been featured in The Economist, BusinessWeek, TechCrunch, and Forbes, among others.

For more information about the Start-Up Chile experience, please visit www.startupchile.org.

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