Chile: Launching a Global Entrepreneurship Hub

Title: Chile: Launching a Global Entrepreneurship Hub
Date: 2010-09-22
Speaker: Juan Andrés Fontaine (Chilean Government)
Link: Entrepreneurial Thought Leaders
 
Change the world through innovation.
Chile has a lot of connections with Asia because 40% of their exports go to Asia.
They are trying to get Chile to be the innovation hub of South America by connecting with the innovation centers around the world.
Startup Chile is a program to attract entrepreneurs to go to Chile while in their early stages of innovation.
Chile’s bankruptcy laws create problems. It is very easy to be charged with fraud.
The crucial thing is to have a good idea. When you have a good idea the money is going to come in.
The political process tends to create a lot of regulations.
They are giving $40,000 in seed money to entrepreneurs.
To get to be successful you have to be willing to fail.