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Tag >> Chile
Jul 21
2010

Could Chile--or other countries--steal the US's entrepreneurial thunder?

Posted by annearf in venture capitalstartupsmall businessentrepreneurshipChile

annearf

An often-repeated solution to the economy's woes is to boost high-growth  entrepreneurship. That's one reason some politicians have been pushing a new startup-visa bill making it  easier for foreign entrepreneurial wannabes to set up shop in the US.

Now, however, it looks like other countries might be trying to steal the US's thunder. Chile, for example is launching a first-of-its-kind program aimed at encouraging entrepreneurs with ideas for high-growth businesses to base their operations in that country. Called Start-Up Chile , the program will award up to $40,000 and a one-year resident visa to 25 entrepreneurs "with innovative and high-growth business plans that have the potential of bringing disruptive technology into its industry or the global market."



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