The S Factory Seeks 4th Generation, Currently Accepting Applications

Applications are currently being accepted for The S Factory, a pre-acceleration program aimed at supporting first time female entrepreneurs in building high impact startups.

The program, seeking its 4th generation, sees accepted startups receive about US$15,000 equity-free funding and a 12 months working visa to Chile to be a part of the 3-month acceleration program.

During the program proper, the accepted startups will receive courses, mentorship and pitch training to accelerate their ideas.

Also, the startup will help in the social impact of entrepreneurship through sharing experiences and knowledge with other startups both within and outside the program in order to grow the women entrepreneurs’ network in Chile.

The program ends with a Demo Day, where the startups will pitch to the rest of the community, and leading angel investors and accelerators for further funding.

At the end of the program, the startups will have a chance to apply to Start-Up Chile, a program that attracts high-potential entrepreneurs to bootstrap their startups in Chile where US$35,000 will be on offer.

Also, they can apply to follow-on fund SCALE, which provides US$100,000 to revenue-generating startups that have significant traction and need extra capital to grow in Chile and across the rest of Latin America.

Interested startups across the globe [1] can apply for the program by July 18, 2016. These startups must be in a concept or prototype stage with less than 6 months of development and have a female at the helm of affairs.

The program will commence on October 3, 2016 and run for 12 weeks.

The S Factory is an initiative of the Government of Chile and StartUp Chile, a Santiago-based seed accelerator.

[1] African female-led startups should not fail to apply for the program. Why? African startups have had it good in the program. You can read Beavly’s story HERE or click HERE & HERE to understand what I’m saying!

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