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CORFO Semilla Inicia

Typical regional Semilla Inicia subsidy up to CLP15 million covering up to 75% of project cost; the 2025 women-led call offered up to CLP17 million covering up to 85% · CORFO

CORFO Semilla Inicia is a grant programme from CORFO for Individuals resident in Chile or companies incorporated in Chile with an innovative early-stage venture meeting sales limits Current lifecycle: closed. Real economics: Typical regional Semilla Inicia subsidy up to CLP15 million covering up to 75% of project cost; the 2025 women-led call offered up to CLP17 million covering up to 85%.

Tier 3governmentchilegrantnon-dilutive

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Key facts

FunderCORFO
AmountTypical regional Semilla Inicia subsidy up to CLP15 million covering up to 75% of project cost; the 2025 women-led call offered up to CLP17 million covering up to 85%
Decision timeEach call publishes a result date; no current 2026 decision calendar is verified.
EligibilityA qualifying Chile-resident founder or early Chilean company must fit a specific open territorial or thematic call, be at idea/prototype or pre-sales stage, demonstrate innovation and growth potential, and provide the required co-finance.
RestrictionsRecipients report the approved technical and commercial validation activity, expenditure and required mentoring/training through the call operator. Subsidy and match percentage vary by call; funding targets validation and first revenue, not unrestricted operating cash.
Statusclosed

Always confirm on the official page before applying — dates and terms change.

Application process

  1. Select an open national or regional call
  2. Read its legal bases
  3. Submit founder, innovation, market, budget and co-finance evidence
  4. Complete eligibility and merit evaluation
  5. Undertake validation, mentoring and entrepreneurship-training milestones if selected

Background

CORFO operates CORFO Semilla Inicia. This pass separates direct cash, repayable finance, credits, incentives and umbrella programs so later ranking does not compare unlike instruments. Corfo reported 75 women-led Semilla Inicia and Expande awards across 15 regions in the 2023 cycle 2024 portfolio reporting says more than 67% of seed-program ventures came from outside the Santiago Metropolitan Region

How the application really works

Select an open national or regional call → Read its legal bases → Submit founder, innovation, market, budget and co-finance evidence → Complete eligibility and merit evaluation → Undertake validation, mentoring and entrepreneurship-training milestones if selected

Tips

Watch out for

Track record

Award totals appear for some portfolios, but application denominators and a comparable current acceptance rate are not published.

Frequently asked questions

Is this actionable now?
closed. Semilla Inicia is delivered through national, thematic and regional calls. No open 2026 call was verified; the most recent official women-led national call shown closed in April 2025.
What is the real economic value?
Typical regional Semilla Inicia subsidy up to CLP15 million covering up to 75% of project cost; the 2025 women-led call offered up to CLP17 million covering up to 85%
Who is eligible?
A qualifying Chile-resident founder or early Chilean company must fit a specific open territorial or thematic call, be at idea/prototype or pre-sales stage, demonstrate innovation and growth potential, and provide the required co-finance.
How does selection work?
Select an open national or regional call; Read its legal bases; Submit founder, innovation, market, budget and co-finance evidence; Complete eligibility and merit evaluation; Undertake validation, mentoring and entrepreneurship-training milestones if selected. Each call publishes a result date; no current 2026 decision calendar is verified.
What burden and restrictions apply?
Recipients report the approved technical and commercial validation activity, expenditure and required mentoring/training through the call operator. Subsidy and match percentage vary by call; funding targets validation and first revenue, not unrestricted operating cash.
What evidence exists?
Corfo reported 75 women-led Semilla Inicia and Expande awards across 15 regions in the 2023 cycle 2024 portfolio reporting says more than 67% of seed-program ventures came from outside the Santiago Metropolitan Region Award totals appear for some portfolios, but application denominators and a comparable current acceptance rate are not published.

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Sources