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HOW TO APPLY FOR
                        STARTUPCHILE
                        by someone who has been accepted twice




Friday 14 December 12
WHERE IS
                 CHILE?
    You know you want me to tell
               you




Friday 14 December 12
WHERE IS
                 CHILE?
              GMT - 5
        Dry, warm climate
             (Santiago)
       Spanish is the official
              language
    25% more expensive than
            Cape Town

Friday 14 December 12
Friday 14 December 12
Barnardo O’Higgins




Friday 14 December 12
Barnardo O’Higgins



                         Salvador Allende




Friday 14 December 12
Barnardo O’Higgins



                         Salvador Allende



                         Augusto Pinochet




Friday 14 December 12
Barnardo O’Higgins



                         Salvador Allende



                         Augusto Pinochet



                         Sebastián Piñera


Friday 14 December 12
THE BIG IDEA




Friday 14 December 12
WHAT DO YOU GET?

    • US$40,000   to spend on
        your company

    •A       1 year work visa

    • ‘Soft         landing’

    • Bilingual          program office

    • Office             space


Friday 14 December 12
WHAT IS EXPECTED IN
                           RETURN?

    • Spend              6 months in Chile

    • Contribute             to local entrepreneurship

         • Run          meet-ups / attend events / mentor or hire local staff

    • Keep              accurate spending records

         • Takes          about 1.5 days per month


Friday 14 December 12
Friday 14 December 12
STARTUPCHILE SO FAR

    • 550+     teams accepted since
        late 2010

    • 1,000+            entrepreneurs

    • ~US$22.5             awarded

    • Closes            in 2014 (maybe)

    • +could            end at any time!


Friday 14 December 12
WHO HAS BEEN ACCEPTED?
                        Scaling Sales         Beta   Scaling Ops
                        Prototyping           Idea




                                                 8% 10%
                                                            22%


                                        42%
                                                       18%




Friday 14 December 12
WHO HAS BEEN ACCEPTED?

    • Social            Media

    • E-Commerce

    • Education

    • IT      + Enterprise

    • Travel




Friday 14 December 12
JUDGING CRITERIA

    • Applicant          (33%)

    • Network            (33%)

    • Project           (17%)

    • Market            (17%)




Friday 14 December 12
THE APPLICANT

    • Have   they done something
        impressive in their career?

    • Have    they experience
        leading a company?

    • Do   they have global
        ambition?

    • Strong            recommendation
        letters?

Friday 14 December 12
NETWORK
    • How               well connected are
        they?

    • How    could their team
        impact the Chilean eco-
        system?

    • How               well articulated is their
        plan?

    • JUST               AFTER THE $$?

Friday 14 December 12
THE PROJECT

    • Have    they a creative +
        interesting pitch?

    • Does   it threaten to disrupt a
        market?

    • Is     it attractive and feasible?

    • Does     the team have access
        to intellectual property /
        technology?

Friday 14 December 12
MARKET

    • Market    size? Can they
        achieve leadership?

    • Do    they know who they are
        targeting?

    • Do    they understand their
        present / future
        competition?

    • Competitive Advantage?

Friday 14 December 12
THE PROCESS
                                                                       1,500




                                                                     1,125



                                                                    750



                                                                 375



                  Applicants                                    0
                               Judging
                                         Shortlist
                                                     Selected
Friday 14 December 12
VIDEO MISTAKES


    • Not          showing the founder team in person

    • Not          doing your own voice over / commentary

    • Low           production values

    • Spending          < than a day on the video



Friday 14 December 12
NATE LUSTIG



    • nathanlustig.com




Friday 14 December 12
STARTUPCHILE.ORG/APPLY

    • Round     7: March 4th, 2013,   •
        closed: April 2rd, 2013.

    • Round     8: June 10th, 2013,
        closed: July 9th, 2013

    • Round    9: September 9th,
        2013, closed: October 8th,
        2013



Friday 14 December 12
LET’S TALK


    • james@jameskennedy.ie

    • @jameskennedy

    • In      Cape Town till the 17th




Friday 14 December 12

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How to Apply for Startup Chile

  • 1. HOW TO APPLY FOR STARTUPCHILE by someone who has been accepted twice Friday 14 December 12
  • 2. WHERE IS CHILE? You know you want me to tell you Friday 14 December 12
  • 3. WHERE IS CHILE? GMT - 5 Dry, warm climate (Santiago) Spanish is the official language 25% more expensive than Cape Town Friday 14 December 12
  • 6. Barnardo O’Higgins Salvador Allende Friday 14 December 12
  • 7. Barnardo O’Higgins Salvador Allende Augusto Pinochet Friday 14 December 12
  • 8. Barnardo O’Higgins Salvador Allende Augusto Pinochet Sebastián Piñera Friday 14 December 12
  • 9. THE BIG IDEA Friday 14 December 12
  • 10. WHAT DO YOU GET? • US$40,000 to spend on your company •A 1 year work visa • ‘Soft landing’ • Bilingual program office • Office space Friday 14 December 12
  • 11. WHAT IS EXPECTED IN RETURN? • Spend 6 months in Chile • Contribute to local entrepreneurship • Run meet-ups / attend events / mentor or hire local staff • Keep accurate spending records • Takes about 1.5 days per month Friday 14 December 12
  • 13. STARTUPCHILE SO FAR • 550+ teams accepted since late 2010 • 1,000+ entrepreneurs • ~US$22.5 awarded • Closes in 2014 (maybe) • +could end at any time! Friday 14 December 12
  • 14. WHO HAS BEEN ACCEPTED? Scaling Sales Beta Scaling Ops Prototyping Idea 8% 10% 22% 42% 18% Friday 14 December 12
  • 15. WHO HAS BEEN ACCEPTED? • Social Media • E-Commerce • Education • IT + Enterprise • Travel Friday 14 December 12
  • 16. JUDGING CRITERIA • Applicant (33%) • Network (33%) • Project (17%) • Market (17%) Friday 14 December 12
  • 17. THE APPLICANT • Have they done something impressive in their career? • Have they experience leading a company? • Do they have global ambition? • Strong recommendation letters? Friday 14 December 12
  • 18. NETWORK • How well connected are they? • How could their team impact the Chilean eco- system? • How well articulated is their plan? • JUST AFTER THE $$? Friday 14 December 12
  • 19. THE PROJECT • Have they a creative + interesting pitch? • Does it threaten to disrupt a market? • Is it attractive and feasible? • Does the team have access to intellectual property / technology? Friday 14 December 12
  • 20. MARKET • Market size? Can they achieve leadership? • Do they know who they are targeting? • Do they understand their present / future competition? • Competitive Advantage? Friday 14 December 12
  • 21. THE PROCESS 1,500 1,125 750 375 Applicants 0 Judging Shortlist Selected Friday 14 December 12
  • 22. VIDEO MISTAKES • Not showing the founder team in person • Not doing your own voice over / commentary • Low production values • Spending < than a day on the video Friday 14 December 12
  • 23. NATE LUSTIG • nathanlustig.com Friday 14 December 12
  • 24. STARTUPCHILE.ORG/APPLY • Round 7: March 4th, 2013, • closed: April 2rd, 2013. • Round 8: June 10th, 2013, closed: July 9th, 2013 • Round 9: September 9th, 2013, closed: October 8th, 2013 Friday 14 December 12
  • 25. LET’S TALK • james@jameskennedy.ie • @jameskennedy • In Cape Town till the 17th Friday 14 December 12