Archon, our stealthy networked drone service, won the Start-Up Chile program, selected among almost 2000 applications.
Start-Up Chile is a program created by the Chilean Government, executed by Corfo via InnovaChile, that seeks to attract early stage, high-potential entrepreneurs to bootstrap their startups in Chile, using it as a platform to go global.
The selected entrepreneurs are approved by an admission process conducted by Silicon Valley experts and a Chilean Innovation board that focuses ardently on global mindsets and worldwide potential.
All of the Start-Up Chile entrepreneurs are measured during their time in the program by various indicators including participation in local events, presenting workshops on their particular expertise, raising local or international capital, and contracting talent.
Start-Up Chile has gained impressive international recognition, having been published in Forbes, The Economist, BusinessWeek, and TechCrunch and has inspired spinoffs around the world. Start-Up Chile is fully supported by the Chilean Government with special consideration of the Ministry of Economy, the Ministry of Foreign Affairs, and the Ministry of Internal Affairs.