Startup Chile created 7,241 jobs and raised over 17 times the capital originally invested

Startup Chile, the Chilean government-backed accelerator led by Sebastián Díaz Mesa that provides $40,000 equity-free funding to bring foreign entrepreneurs to the Southern Cone, announced that the program has accelerated 1,960 startups from 85 countries, created 7,241 jobs in the country, and raised over 17 times the amount of capital originally invested by the government.

Source: TNW