24 Sep '11, 12pm

S’pore and Malaysia startups get US$40k funding, 6 months in Chile « SGEntrepreneurs

S’pore and Malaysia startups get US$40k funding, 6 months in Chile September 24, 2011 by Terence LEE The results of the selection process for Start-Up Chile were announced early morning on 24th September via a press release — and out of the 154 selected startups, three hail from Singapore (HelloWorldHQ , Espy, and My Fitness Wallet) and one from Malaysia (Flvrd ). They will head down to Chile either in November 2011 or January 2012 for six months, receive US$60,000 in seed funding with no equity, a one-year work visa, and get access to Chilean networks. Start-Up Chile is a program created by the Chilean government that seeks to attract startup founders to bootstrap in Chile. The goal is to bring 1,000 startups to Chile by 2014, with the aim of converting the country into the innovation and entrepreneurship hub of Latin America. Chile is recognized as one of the continent’s...

Full article: http://sgentrepreneurs.com/news-stop/2011/09/24/spore-and...

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