As I have some friends who've attended this incubator, I asked them about their 
experiences. 
I'm sure people have different expectations and experiences, but this is their 
opinion: 
http://liispeetermann.tumblr.com/post/26064265686/start-up-chile-is-ok-nothing-more#.UA6rfI7EOlI

Might be good to get a different perspective if you're thinking to apply.

Liisa
eatwithme.net

On 18/06/2012, at 7:13 PM, Shane Greenup wrote:

> Start-Up Chile is open to applications again:  
> http://startupchile.org/about/faqs/ 
> 
> It is a zero-equity seed capital incubator managed by the Chilean Government 
> - Once accepted (100 businesses accepted in each round), you move to Chile 
> for 6 months and receive up to $40,000 USD worth of reimbursements for 
> business expenses. In return you are expected to participate in the local 
> entrepreneurial scene, inspiring and motivating chilean entrepreneurs, 
> teaching students - that sort of stuff (really very easy), and of course, 
> build a kick arse business and get famous so that Chile can get some 
> recognition for playing a role in your awesomeness.
> 
> I'm in Chile right now as part of Round 3.2 - having started at the end of 
> March. The current applications are for round 5 - you would probably start 
> around October some time.
> 
> Feel free to hit me up with any questions if you are interested.
> 
> Shane Greenup
> ------------------------------------
> http://www.rbutr.com
> http://www.ShaneGreenup.com
> 
> 
> 
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