By guest authors Irina Patterson and Candice Arnold
Jean: We want the founders to start their businesses here, and then go global. There are some companies that want to send in a project manager. Other teams wanted to open branches in Chile. There’s another agency here in Chile that supports that. >>>
By guest authors Irina Patterson and Candice Arnold
I am talking to Jean Boudeguer, executive director of Start-Up Chile, which is a Chilean government program that seeks to attract foreign, high-potential entrepreneurs to come to Chile to bootstrap their businesses. The mission of the new government and the primary focus of the Ministry of Economy are to convert Chile into the entrepreneurial hub of Latin America. Chile’s current president, Sebastián Piñera, who took office March 11, 2010, is a well-known economist and investor. >>>
By guest authors Irina Patterson and Praveen Karoshi
Kerry: The public funding that DreamIt receives is not contingent on how many of our entrepreneurs are successful. I think that is probably because our investors agree with us that this model of succeed fast or fail fast is valuable. They understand that some of the companies will decide not to move forward after the program, which is part of the process of vetting these ideas in the market place. I don’t think they want to discourage that. >>>
By guest authors Irina Patterson and Candice Arnold
Irina: Do you engage with companies after they’ve completed the incubation program?
Julia: Not as well as we should. This is a struggle that I think most accelerators have. Once you don’t see them quite as frequently, it’s harder to keep track. >>>
By guest authors Irina Patterson and Praveen Karoshi
Irina: Do you have any special initiatives at this time?
Kerry: I would say our expansion in New York City, which should be our first time operating in the city, this summer. We brought on a locally-based managing director, Mark Wachen, an entrepreneur who was the founder of the company called Optimost. Mark will now be running the New York program on the day-to-day basis this summer. We think he brings in a lot expertise and a [good] local network. >>>
By guest authors Irina Patterson and Candice Arnold
Irina: Are there any tools that help you to accomplish your mission?
Julia: We are, at present, the only U.S. university that is part of the TechStars Network. Being able to access and have a forum in which to talk to other accelerators from around the country and the world is immensely helpful. It is a specialized set of tools which we have already been accessing, that is already adding value. >>>
By guest authors Irina Patterson and Praveen Karoshi
Kerry: Scvngr is our best-known company. They are a mobile game platform that is used both in the B2B space, in that museums and cities can host Scvngr hunts for residents who can explore a community, and also a consumer game, where users can check in at different locations, compete in challenges, and earn the rewards from local business for frequenting them and participating in gaming events around their location.
We have several other companies that are all interesting and have been funded and are doing great things, so I could keep going … >>>
By guest authors Irina Patterson and Candice Arnold
Irina: What are the sources of your applications?
Julia: They come from all over the world, from students to faculty in greater Phoenix, the nation, and the world. They really come from all over the place. >>>