BIG (5° generación de Ignite)

About the program

We look for the best startups regardless of industry and country, that have a functional product, early validation, and take less than 3 years of development.

Our program is tailored to grow your startup exponentially through directory sessions, academia and connections to the best corporate and investor networks.

Duration

The program consists of 4 months of acceleration.

Program Benefits

• • • Financing equity-free: In addition to the complete acceleration program, we will give you a fund of 25 million Chilean pesos free of equity participation so you can grow your business without having to give up a part of it.
    • 25 million extra pesos: Possibility of accessing an extension of 25 million (approx. 31K USD) of Chilean pesos to further develop your business.
    • Femele founder factor: This is a gender-focused initiative! Startups with female leaders in the team will count on up to 90% funding.
    • The SUppers: We call SUppers all who go through our program. Annually we receive 2 generations of Ignite from up to 30 startups each.

Requirements

• • • The leading team (team leader) has to be a responsible adult, at least in its identity card or ID (over 18 years).
    • Contar with at least 10% shareholding.
    • Consider that once completed and submitted the bid you cannot modify the team leader Make sure you choose the right person!

Legal basis and terms of reference

The legal bases of the program are key to making a good run and knowing all the rules of the game. Download them and read them all times they are needed because if they are selected they will be the basis of your contract with Corfo.

Contact them for more information here