Start-Up Chile (CORFO) — Equity-Free Programs
The official application page says selected startups receive free funding, but it does not publish current per-track cash amounts or a current co-financing rate. · CORFO (Chilean Economic Development Agency), Government of Chile
Government accelerator offering equity-free grants and a one-year work visa to early-stage founders to build their startup from Chile, across Build (idea), Ignite (early) and Growth (scale) tracks. Current lifecycle: unknown. Real economics: The official application page says selected startups receive free funding, but it does not publish current per-track cash amounts or a current co-financing rate..
Tier 3chilelatamgovernmentaccelerator
ApplyOfficial siteOpen in the live directory
Key facts
| Funder | CORFO (Chilean Economic Development Agency), Government of Chile |
| Amount | The official application page says selected startups receive free funding, but it does not publish current per-track cash amounts or a current co-financing rate. |
| Decision time | The reviewed official corpus does not publish a dependable end-to-end decision interval. |
| Eligibility | Early-stage startups (local or foreign founders) willing to base activity in Chile during the program; track-specific stage requirements. |
| Restrictions | The reviewed official source pages do not state a complete current reporting obligation. The reviewed official source pages do not state complete current use-of-funds restrictions. |
| Status | unknown |
Always confirm on the official page before applying — dates and terms change.
Application process
- Submit the official application form
- Pass the eligibility review
- Receive expert and Start-Up Chile evaluation
- Attend an interview only if requested
- Advance to committee selection
Background
CORFO (Chilean Economic Development Agency), Government of Chile operates Start-Up Chile (CORFO) — Equity-Free Programs. This pass separates direct cash, repayable finance, credits, incentives and umbrella programs so later ranking does not compare unlike instruments. Start-Up Chile publishes alumni, cohorts and program tracks. International founders build from Chile during the program.
How the application really works
Submit the official application form → Pass the eligibility review → Receive expert and Start-Up Chile evaluation → Attend an interview only if requested → Advance to committee selection
Tips
- Show direct fit with cross-sector scalable technology.
Watch out for
- Current lifecycle is unknown.
- The reviewed official source pages do not state a complete current reporting obligation.
- The reviewed official source pages do not state complete current use-of-funds restrictions.
Track record
- Start-Up Chile publishes alumni, cohorts and program tracks.
- International founders build from Chile during the program.
The reviewed official corpus does not publish a comparable applicant denominator and selection rate.
Frequently asked questions
- Is this actionable now?
- unknown. Build, Ignite and Growth use separate periodic CORFO calls; the next actionable deadline is not yet published.
- What is the real economic value?
- The official application page says selected startups receive free funding, but it does not publish current per-track cash amounts or a current co-financing rate.
- Who is eligible?
- Early-stage startups (local or foreign founders) willing to base activity in Chile during the program; track-specific stage requirements.
- How does selection work?
- Submit the official application form; Pass the eligibility review; Receive expert and Start-Up Chile evaluation; Attend an interview only if requested; Advance to committee selection. The reviewed official corpus does not publish a dependable end-to-end decision interval.
- What burden and restrictions apply?
- The reviewed official source pages do not state a complete current reporting obligation. The reviewed official source pages do not state complete current use-of-funds restrictions.
- What evidence exists?
- Start-Up Chile publishes alumni, cohorts and program tracks. International founders build from Chile during the program. The reviewed official corpus does not publish a comparable applicant denominator and selection rate.
Related grants
Sources
- startupchile.org/en/apply — Official tracks, eligibility and equity-free model (checked 2026-08-10)
- startupchile.org/en/blog/big-9-is-here-meet-the-startups — Official current lifecycle, alumni and application context (checked 2026-08-10)