CORFO Start-Up Chile

CORFO Start-Up Chile sits under CORFO, Chile's production development corporation in the Ministry of Economy, Development and Tourism, and it is the country's flagship global accelerator. CORFO itself was created in 1939 and is built around competitiveness, productive diversification, entrepreneurship, and innovation, so Start-Up Chile is part of a larger public strategy rather than a standalone accelerator brand. The program is active in Chile, follows a quarterly cycle, and is designed to bring international founders into the Chilean ecosystem. The instrument is a grant, with funding in the CLP 15 million to CLP 40 million range across the Build and Ignite tracks. It is open to companies registered and operating in Chile, and the model includes equity-free support together with a residency-based accelerator structure. The record makes clear that it is a founder-facing program, not a broad subsidy line, so the financing is meant to sit alongside a defined stay and operating period in Chile. The best fit is an early team that can use Chile as a base for execution and can explain why the accelerator setting matters to the company's progress. Applications are strongest when the founders can show international ambition, a product that benefits from a concentrated build period, and a clear plan for what they will ship during the residency window.

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