terms and conditions round 3 2011

8/3/2019 Terms and Conditions Round 3 2011

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SECTION 1: MANDATORY TECHNICAL GUIDELINES

1. BACKGROUND INFORMATION

Start-Up Chile is a pilot initiative prepared jointly between the Ministry of Economy,Development and Tourism, the INNOVA CHILE Committee of CORFO and theMinistry of Foreign Relations.

It is framed within the programmatic goals of the development of innovation andentrepreneurship in Chile, in particular, that of promoting Chile abroad to attractand repatriate world class human capital and incentivize the installation of

entrepreneurship with high global potential in Chile.

The offer is to show Chile as a platform country, suitable for initiatingentrepreneurial activities. This will be complemented with benefits of temporaryresidence visas, a subsidy of Innova Chile and support and access to local talentand networks in Chile to trigger a significant flow of entrepreneurs with globalpotential within Chile.

The successful cases of entrepreneurs who start up their company in Chile willpermit the scaling of the program, which in turn will position Chile as a hub ofinnovation and entrepreneurship in Latin America.

2. OBJECTIVES

2.1 General Objective

Attract and retain world-class human capital; that will initiate high potentialgrowth projects aimed to expand into global markets thereby strengthening thelocal entrepreneurial environment and supporting the culture of innovation inChile. By connecting Chile with local and international entrepreneurial networksChile will become the innovation hub of Latin America

2.2 Specific Objectives

i. Attract and retain up to 300 high potential growth projects during 2011

ii. Enhance the interaction of foreign networks to gain access to skills and knowledgetransfer from selected entrepreneurs to local entrepreneurs and theirenvironment.

iii. Connect entrepreneurs in the national environment with centers of innovationworldwide

3. EXPECTED PROGRAM RESULTS AND IMPACTS

Upon finalizing the Program, we expect the entrepreneur(s) should achievesome of the following results:


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i. Have Incorporated themselves into the national environment and have executed

their project in Chile for at least 24 (twenty four) weeksii. Have performed activities necessary to fulfill the goals set for their projectsiii. Incorporated in Chile as formal businesses, with an intention of leaving

operations in Chile

iv. Hired some local talentv. Have attended at least 70% of the Program eventsvi. Led at least 6 group workshopsvii. Attended meetings with potential investors with the intention of raising capital

for their projectviii. Have participated in being mentors for local entrepreneursix. Have developed and dispersed 3 articles in English in the international press

about their experience in the program

4. BENEFICIARIES

Any and all individuals over the age of eighteen may apply to the competition, including

residents of Chile, who are founders or owners of their companies, and who wish toimplement a global project using Chile as a platform. All applicants will be judgedunder the same criteria.

5. PROGRAM CONTENTS

Applicants shall present information about the following:

Participants

Education and technical experience Employment History Dedication to their project Team Development Motivation to develop their project in Chile

Project

Product or Service Description of the competition and their differentiation Commercial strategy Barriers to entry and to exit Progress of the company to date, and their planned progress during their stay

Market

Challenge or opportunity your project addresses Objective market and its size Position in the market

Environment

Location Participation in organizations related to entrepreneurship and innovation

Relationship to local and international networks related to entrepreneurship andinnovation so we may leverage to improve network connections in Chile


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Relationship to international networks in order to position Chile as a hub of

innovation in Latin America Activities to enhance interaction, networks, knowledge transfer, skills and best

practices to local entrepreneurs and their environment

6. PROJECT TERM

The duration of the Project shall be 24 (twenty four) weeks, which may be extendedonly once and up to 4 (four) additional weeks. The official extension request must besent by email to InnovaChile, and settled within 5 days of receipt.

The start date of the program shall correspond to the processing of the necessaryadministrative acts, which in turn approve the expense of the granted seed capital.

During the execution of projects, none of the participants may apply to other types ofco-financing from InnovaChile. Upon completion of the program (24 weeks),participants would then be eligible to apply for other local funding sources under the

obligation to communicate your previous status as a beneficiary of "Start-Up Chile"funding within the new application.

7.) COFINANCING

InnovaChile provides a subsidy, ie, a transfer of non-refundable funds, up to 90% of thetotal project cost with a ceiling of $ 20,000,000(twenty-million Chilean pesos).

Participants must provide at least the remaining 10% contribution in kind or in cash asassessed during the Project.

8.) EVALUATION CRITERIA

Projects will be evaluated with grades from 1 to 10 (with 1 being the minimum scoreand 10 being the highest). The evaluation criteria are the following:

Criteria Weight

Participants 33%

Project Value

- Mercado

- Proyecto

34%

- 17%

- 17%

Environment 33%

PART 2 TERMS AND CONDITIONS

1.ADMINISTRATIVE RULES

The Administrative Rules governing the processes must be met from the application

process until the end of the term of the Project.


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All communications reported in the application process are the exclusive responsibilityof the Beneficiary to maintain updated.

All deadlines specified in these Rules should be construed as working days, unlessotherwise noted. Public holidays, Saturdays, Sundays are not counted as working days

The application documents are available in an electronically downloadable format onthe website: www.startupchile.org/apply

2. APPLICATION PROCESS

The application process will occur each trimester, and will accept up to 700 (sevenhundred) valid nominations entered for each process.

The deadlines, quotas and opening and closing dates will be posted on the websitewww.startupchile.org.

Applications will only be made available via electronic entry of projects on the sitewww.startupchile.org / apply.

3.ACCOUNT FINANCING

a) Human Resources: Includes salaries or fees of technical and/or professionalservices directly associated with project activities, including the salary the enterprisecan receive for their participants in accordance with the provisions of the legislation,with a maximum of up to $ 350,000 net (three hundred fifty thousand Chilean pesos)per month per Participant l

b) Operating Expenses: Corresponds to the direct spending associated with theProject such as administrative support staff, office rental, expenses for materials,domestic and international flights, insurance, issuance of guarantee, productdevelopment, visits to potential customers and / or providers, activities relating to thepromotion and dissemination of the product / service, visa procedures for participantsand Internet services.

This account may also include housing, utilities and common costs based on thefollowing table:

Participants WeeklyExpenses Total1

1 Upto$100.000.-(cienmilpesos

chilenos)

Upto$2.400.000.-(dosmillones

cuatrocientosmilpesoschilenos)2ormore Upto$150.000.-(cientocincuentamil

pesoschilenos)

Upto$3.600.000.-(tresmillones

seiscientosmilpesoschilenos)

Expenses NOT covered by the subsidy are the following: personal expenses, such asfood, tips, medicine, air travel of people not related to the project, urban mobilizationexpenses, recreation or any other item that has no direct relation to the Project.

c) Investment Expenses: Includes the purchase of durable goods (fixed assets)necessary for the implementation and achievement of the outcomes of the project.


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4. BENEFICIARY

All individuals who are founders or owners over the age of eighteen years old areeligible to apply

a.) BENEFICIARY: the individual who shall act on behalf of himself and his teammembers as the responsible party before InnovaChile. The person designated asBeneficiary, will be fixed, and should participate in the Program in Chile during theentire period of project execution; he/she also be an active and passive all therights and obligations established in the Grant Agreement.

b.) EXECUTOR: Individuals of the founding team who are duly specified during theapplication process as participating in the Programs activities in Chile.

In no case will it be allowed that there be more than a total of 3 team members perproject participating in the program.

5. PRESENTATION AND ANALYSES OF LEGAL BACKGROUND OF THEAPPLICATION PROCESS

Applications shall be submitted electronically on the application page of the Start-UpChile website: www.startupchile.org/ apply. All documents and information requested inthe system must be completed in English.

It is the obligation of the applicant to include:

Copy of the passport identification page of each of the participantsdesignated in the application of the project.

Copy of the professional resume of each of the participants designated inthe application of the project

Copy of the project business plan

At least one letter of recommendation from a person or institution who isfamiliar with the proposed project, and can support the entrepreneurialenvironment in Chile and/or abroad

The judging analysis will be performed within a period of 5 (five) days from receipt ofthe application submission.

InnovaChile or their designee may solicit additional materials for this analysis, such asclarifications and additional background information or additional e-mail contact sent tothe address on the application.

The requested information will not be allowed to alter the goal of the project nor changethe original participants who applied. These records must be sent by email or throughthe Start Up Chile online platform by the person qualified to do so, within 5 (five) daysfrom receiving the request.

If applications are not accompanied by all requested information or do not conform to


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the antecedents established herein, the Project will not advance the later stages. Insuch cases, we will notify the applicant via email.

6. EVALUATION PROCESS

6.1 Relevance

Applicants that designate that either the Beneficiary on the application, will not remainin Chile during the period of Project implementation, or who consider Chile only as anend market and not as a platform to access global markets, will be rejectedimmediately as irrelevant to the objectives of the program.

6.2 Evaluation

Qualified InnovaChile personnel will conduct the evaluation process. They will judge

the content of the projects mentioned in section 5 and section 8. InnovaChile applies amethodology that allows the proper assessment of all of the relevant aspects of theproject, and will give a fair and equitable treatment to all projects with due regard to theconfidentiality concerns of the applicant

Those applicants who apply to the program through the institutions with whichInnovaChile has a standing formal agreement will immediately be processed to the final

judging stage. Notwithstanding, each applicant should attach, for each projectpresented, all the background information requested in paragraph 5 above.

7. DECISION

Once the initial evaluation is completed the ranked projects will be presented to theSubcommittee on Entrepreneurship, which will make the final decision as to whetherthe project is officially approved or rejected. They will approve projects with themodifications it deems appropriate, provided they do not alter the overall objective ofthe program targets.

InnovaChile will communicate the decision to the email indicated in the applicationwithin a maximum of 5 (five) days from the date of approving or rejecting the project.

8. FORMALIZATION OF THE GRANT AGREEMENT

The formal grant agreement occurs between the Beneficiary and InnovaChile in theSpanish language. To formally initiate this agreement, it must be signed by thebeneficiary within a maximum of 10 (ten) days from the date of commencement of theprogram. The language of this contract will be made available on the Start-Up Chilewebsite.

A standardized format in English of the Grant Agreement is also available in electronicformat downloadable on the website www.startupchile.org.

Rejection of Temporary Resident Visa will be grounds for not formalizing the grantagreement.

9. PROVISION OF GRANT AWARD


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Grant resources may be transferred in one or more installments, either by way ofpayment or against the submission of Activity Reports and expense reports made.

The beneficiary should communicate which option he prefers before signing the grant

agreement.

9.1 Options for expense report submission:

i. Delivery of the subsidy by way of lump sum advance payment: The beneficiary,prior to each payment, you must take, and for InnovaChile satisfaction, guaranteesconsistent, whether in bank certificates of deposit payable on demand, time deposit orinsurance policy immediate execution, in order to ensure the total grant advances. Thegloss of the instrument must state that their goal is to ensure the correct use ofadvance grant from InnovaChile for the Project, whose name and code must beindicated. The security for each advance shall be valid for more than 25 (twenty five)days from delivery of the Activity Report of Expenditures and Surrender part (forward)

or the final document will be returned once InnovaChile approves the reports.

The guarantee may be provided by third parties, citing the gloss of it, if applicable, toensure the Beneficiary to the use of grant advance given by InnovaChile.

Exceptionally, they may accept other security instruments issued by foreign banks orother institutions, to the extent that they can be presented for payment within theterritory of the Republic of Chile expeditiously and properly safeguard the resourcesgiven to the Beneficiary, a circumstance that can be qualified by InnovaChile.

The financial cost of the guarantees mentioned above, may be charged to the accountoperating expenses described in paragraph 3 of the Administrative Rules.

ii. Delivery of the grant as reimbursement against approval of Activity andexpense report: In this option, the InnovaChile subsidy will be delivered in the form ofa refund against the submission and approval of required activity and expense reportsmade during a period of at least 4 (four) weeks. This reimbursement option, will notallow the repayment of more than $15,000,000 (fifteen million pesos) during the firsthalf or 16 (sixteen) weeks of the Project.

9.2 Conditions for receipt of subsidy:

i. Complete processing of the resolution of the Executive Directorate of InnovaChile who

approves the subsidy agreement.

ii. The delivery by the beneficiary of the guarantee mentioned above, in case the subsidyis delivered by way of advance.

iii. The timely delivery by the beneficiary of each activity report and expense report, ifany, and its approval by InnovaChile which may decide to pay a portion of the grant if itconsiders that the beneficiary does not fulfill its obligations.

9.3 Suspension of Payment

The continuity of the delivery of the grant fund resources is subject to an evaluation by

InnovaChile that is based on the progress of the development of the Project, theremaining funds available, as well as on the submission of the guarantee document


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respective of each participants case.

InnovaChile reserves the right to suspend delivery of the grant, if it finds that the projectis not successful or the Beneficiary has failed any or all of its obligations.

In the cases described above, InnovaChile reserves the right to impose these measuresin order to correct the deficiencies it perceives, or to execute an early termination of theGrant Agreement.

10. INCORPORATION OF THE PROJECT IN THE PROJECT MANAGEMENT

SYSTEM.

The incorporation into the project management system, along with the technicalplanning of the project, and final budgeting under the instructions and requirementsprovided in InnovaChile Guidelines (available in electronic format downloadable onthe website www.startupchile.org / guidelines) is the sole responsibility of thebeneficiary.

11.CONTROL AND SUPERVISION OF PROJECTS

InnovaChile will not have any involvement in carrying out activities connected with theobjective of the project however; it will provide assistance to Beneficiaries for thepreparation of the activity and The beneficiary is not under the jurisdiction ofInnovaChile, however; the grantee will be subject to the monitoring and control ofexpenditures incurred that can be attributed to their project.

The Beneficiary is solely responsible for any loss or damages that may occur to otherswhile carrying out their project. InnovaChile will not accept responsibility for any harmthat may be caused to third parties by the beneficiary or their team members.

The Grantee shall comply with the guideline restrictions established in the terms andconditions that permit the verification of the activities carried out for their project, andagree to ensure the proper use of grant resources.

11.1 Project expenses

The project resources provided by InnovaChile will NOT fund the following items:

Investment in Capital Markets (stock, time deposits in domestic or foreignmutual funds, etc)

Debts and dividends Taxes recoverable by the beneficiary, taking into account the applicable legal

and tax rules Investment in capital assets that are not critical for your project Acquisition of property in any capacity Any other expenses related to personal, recreational, urban mobilization,

alcohol, pet-related or other not related directly to the Project

Expenditures must be surrendered to InnovaChile based on actual costs, the priceactually paid, duly backed by reliable documents proving their amount.

InnovaChile accepts only those expenses incurred by the beneficiary and other grant

executor designated in the application.


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In addition, InnovaChile will accept expenditures incurred by any companyincorporated under the Limited Liability rules in Chile, where the project beneficiary isthe beneficial owner, and the recipient has a stake of at least 30% of said company,and also:

a) When the company is constituted in Chile, and

b) It is NOT a company that has already incorporated within a term of 2 years or24 months PRIOR to the date of the application to the program. Again, sincewe are striving to identify early stage companies, someone with a businessMORE THAN 2 years old, will not qualify to reimburse their expenses.

Under this circumstance, the beneficiary/company owner must submit the followingdocuments a full 10 (ten) days before the first company/partnership expenditure:

a) Photocopy of articles of incorporation and amendments thereto

b) Certificate of Validity issued by the authorizing body, issued within 90calendar days from the date of incorporation.

InnovaChile reserves the right to verify that the amount declared as a contributionto the project is consistent with the objectives and activities reported.

11.2 Anticipated Expenses

InnovaChile will only approve minimal expenses before your official subsidyagreement is signed in person and formalized. This means that between the timeyou receive your official letter of acceptance, and the time you arrive in Chile wewill only authorize the following expenses:

International flights for the project beneficiary, and for team members

Expenses related to obtaining a work visa

Travel and Health insurance related to participation in the program

The lack of formalization of the subsidy agreement for reasons not attributable toInnovaChile does not give rise to compensation or refund for any expenditure

undertaken.

The modification of these rules will be applicable to projects that have not yetformalized their subsidy agreement.

11.3 Procedure for procurement and subcontracting

During project implementation, the Beneficiary must follow the following procedurefor procurement and subcontracting:

Those amounts exceeding $ 2,500,00 (two million five hundred thousand pesos)net must be pre-authorized by InnovaChile. For this purpose, Participant, prior to

the acquisition or subcontractors, shall submit to InnovaChile 3 (three) quotes fromthe respective suppliers.


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InnovaChile in meritorious cases, authorize a smaller number of contributions.Such authorization must be requested prior to outsourcing or acquisition by emailaddressed InnovaChile for approval, which shall decide within 3 (three) days.

If after having made 3 (three) quotations, no prior permission is sought, InnovaChilewill only recognize the contribution of the price quote constituting the lower value.

In case the beneficiary has not requested prior permission, or has failed to secure 3separate price quotations, InnovaChile will reject the expense.

11.4 Monitoring Reports

The Beneficiary agrees to deliver to InnovaChile or any other public or privateInnovaChile determines all necessary documentation required to control theinvestment of resources of the grant, promising to give all necessary facilities forthe most expeditious and full compliance with this task and must provide all data,

records and reports required of you, to guarantee the investment subsidy provided.

The persons appointed by InnovaChile for purposes of project monitoring have theauthority to make revisions, field inspections, and visits that they determinenecessary in order to verify whether the Project is developed in accordance withthe stipulated agreement, and to verify whether, among other aspects, thecontributions of the Beneficiary correspond in character to the quality and quantityinitially committed to,

InnovaChile reserves the right to perform this activity without previous notice to thebeneficiary, the executors, and/or subcontractors, who shall be expected to provideall necessary facilities to expeditiously and effectively follow-up.

The exercise of follow-up work referred to does not mean that the InnovaChileassumes any responsibility to carry out the proposed the project; its executionremains the sole responsibility of the Beneficiary.

The Beneficiary must comply with the respective grant agreement with respect tothe delivery of reports, which must conform to the expense reporting terms.

The beneficiary must submit a final report of activities along with a final expensereport within 2 (two) weeks after the expiration of the Project. Non-delivery of thisreport, failure to do so would prevent InnovaChiles ability to finalize the closure of

the project and expenses related thereto.

Each of the reports referred to in these Rules shall contain:

i. Activity Reports are to include the progress of the project, some means of verificationand their entry into the project management system. If the project has sustained adelayed implementation of activities or a lack of obtaining the results allowing for theobjectives of the Project to be met the report shall contain the justifications andmeasures to adopt in the future to achieve them. It must also include compliance withor progress on the commitments to the program.

ii. Expense Reports: will be delivered with their corresponding invoices, and othersupporting documentation that prove true. These documents must bear an


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authenticating stamp that proves their validity. These records must be attached inchronological order and classified by financial account in a legible copy.

iii. Evidence must be provided of the competitive price quotes acquired, whereappropriate as foreseen in the grant agreement.

InnovaChile shall approve or provide comments to each report within a period notexceeding 10 (ten) days after receipt.

At the request of modification or supplementation of the reports by InnovaChile, theBeneficiary must comply with such request within 3 (three) days.

InnovaChile may request special reports at varying intervals that will be determinedbased on monitoring the goals of the Project.

11.5 Modifications to the Grant Agreement

Modifications to projects that require a change to the terms of the Grant Agreementshall include an instrument modifying the same, which must be approved by aresolution of InnovaChile.

12. TRANSFER,USEANDDISSEMINATIONOFPROGRAMRESULTS

The dissemination and transfer of project results will be made in accordance withthe provisions of the Grant Agreement.

In all cases, the program results may be disseminated freely and withoutrestrictions of any kind, making mention of authorship as appropriate, noinformation is confidential or proprietary about the projects that are receivedthrough the reports. It may also, without mentioning the name of the Participants, todisclose any information related with the Project for the purpose of publishingstatistical information in general.

For the purposes of protecting sensitive information from the participants, they mustcommunicate that information InnovaChile delivered under the program, in its view,should be understood as confidential. Also, they should inform InnovaChile aboutobtaining a proper result within the Project.

In the event that all or part of this information under the legislation of the Republicof Chile should be public, this circumstance will be reported to the recipient within 5

days from communication.

The beneficiary authorizes their consent for the filming of audiovisual materialrelative to the project and its participants for official outreach activities.

12.1 Duringparticipationintheprogram,thebeneficiaryagreesto:i. Provide InnovaChile information about the contemplated activities of the projectand provide the necessary facilities for that objective.ii. Support and participate actively in Program events and to promote the partial andfinal results of their project.iii. To promote the program in such a way that makes a noticeable contribution to

the implementation of the project.


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iv. Forward surveys, reports or other information about the intermediate or finalresults of your project when requested by InnovaChile.

12.2After the completion of participation in the Program, and for a period of 5(five) years, the Recipient agrees to:.

i. Respond to polls, submit reports and provide any other information onintermediate outcomes, or impacts the end of the project, when requested byInnovaChile.

It is understood that the beneficiary assumes this obligation in return for havingobtained funding for its implementation.

This information is relevant to the development of metrics by InnovaChile, and thegeneral impact assessment of its instruments, so the failure by the Beneficiary tofulfill this obligation, entitles InnovaChile to refrain from receiving and processingbills submitted after by the reluctant Beneficiary.

13. INTELLECTUAL AND INDUSTRIAL PROPERTY AND USE OF RESULTS

The results from the participation of the Project and all other information, such asinventions, technological innovations, procedures, plans and other documentsbelong to the participants under the general rules. The copyright of the informationgenerated by the Project should belong to exclusively their owners. Consequently,they correspond to protect the records concerned any patentable inventions orproprietary rights on the results achieved during the project.

14. SUSPENSIONS OR TERMINATION OF PARTICIPATION IN THE PROGRAM

14.1 Suspension of the participation of a project:

The suspension of your participation in the project must be requested in writing andinclude substantiating information and must be sent by email to InnovaChile.InnovaChile will respond this request and communicate a decision to theBeneficiary, in the same way, within 15 (fifteen) days from the request. The term ofsuspension shall begin from the time InnovaChile communicates permission.

Upon authorized of a suspension, the beneficiary cannot pay expenses incurred forlength of the suspension.

Therefore, the suspension may be requested only once during the life of theproject, and may not exceed half the period originally approved. Thus, a projectwith duration of 24 (twenty four) weeks may be suspended for up to 12 (twelve)weeks.

InnovaChile also reserves the right under serious circumstances not attributable tothe Beneficiary, to officially suspend the project.

14.2 Official Program Closure

The Grant Agreement shall be deemed terminated once InnovaChile grants itsapproval to the last activity and expense report and this has been officiallycommunicated to the Beneficiary.

14.3 Early Program Termination


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InnovaChile reserves the right to undertake the decision to terminate the subsidyagreement early in the following cases:

a. Reaching the conclusion that the project will not achieve the expected results and

cannot be executed within reasonable parameters, that the Beneficiary cannot thecontribute of the necessary support that is their responsibility or that the participants donot meet the minimum requirements for the program needs.

b. Other reasons not attributable to the negligence of the beneficiary in carrying outtheir activities related to the program.

c. If the Beneficiary fails to comply with its obligations relating to the Project and theProgram.

Failure means, among other items, the following situations: Deny or interfere with program monitoring

Negligence in the financial and technical control of the activities of thebeneficiary Failure to notify InnovaChile in a timely manner, about the inability to find outthe contributions they are responsible for. Disagreement between the technical and legal information Investing resources from the subsidy agreement in the capital markets. Not participating in Program events, unless InnovaChile has previouslyagreed. Revoking of the visa granted by the authority, or committal of gross violationsof Chilean law

Failure in financial accounting means:Duplication of expenditures, or the fabrication of instruments or contracts

In cases a) and b) above, the Beneficiary must return all unspent balance of thesubsidy in their possession within a period of 10 (ten) days from written noticeof early termination of the Beneficiary. InnovaChile will take legal action againstif the recipient fails to make the refund within the fixed amount of time.

If the subsidy is paid against approval of the expense report (s), InnovaChile willonly allow the transfer of funds for those expenditures that are technically andfinancially accredited, and in which they are incurred until the date of writtennotice of early termination.

In the case of early termination due to culpable breach on behalf of theBeneficiary in accordance to what is stated in point c) above, InnovaChile mayonly recognize costs incurred up until the occurrence of the acts justifying thedecision of early termination in the case where there is a delivery of the subsidyagainst reimbursement.

If the subsidy is supplied by any other form of payment, the beneficiary mustrepay the entire grant received in UF and is to be converted into the nationalcurrency upon the date of being informed in writing by InnovaChile. If thefinancing of this project, leads to a sum less than the face value of the subsidygiven, the latter must be returned (nominal value). Restitution will be made

within 10 days from the notification of early termination of the beneficiary.


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For the beneficiary whose agreement is terminated early because of any of theabove attributable causes, he/she will also be disqualified to access any otherInnovaChile grants for a period of up to five years following notification of thisdecision. In this case, the responsibilities of individuals and/or other programparticipants will be determined subject to research of each individual case.

15. QUESTIONS

Questions may be conducted in English or in Spanish to the e-mail address:[email protected]

Each query will be answered by the same means, within a maximum period of 5(five) days from receipt.

2 be published and put on the notice for this resolution available to thoseinterested in web pages and www.startupchile.org/apply or www.corfo.cl.

CRISTBALUNDURRAGAVERGARADirectorEjecutivo

terms and conditions round 3 2011

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