LAVCA VC
  • News Feed
  • VC Data
  • Directories
  • Features
  • Tech Growth Coalition
  • LAVCA Gender Diversity
  • Engage
    • VC Council
    • VC Members
  • LAVCA
  • Member Login
  • Member Access

LAVCA VC

  • News Feed
  • VC Data
  • Directories
  • Features
  • Tech Growth Coalition
  • LAVCA Gender Diversity
  • Engage
    • VC Council
    • VC Members
  • LAVCA

Start-Up Chile Launches Pre-Accelerator For Female Founders

16 June 2015

(TechCrunch) Start-Up Chile, the government-backed accelerator program that’s funded over a thousand international startups in the past four years, is launching The S Factory, a pre-accelerator for female founders.

The 12-week program is designed to educate first-time women entrepreneurs with an intense course load that includes pitch training, an investor preparation lab, and progress reports from mentors.

“This is not a gender equality program, this is a diversity program,” says Sebastian Vidal of Start-Up Chile.

“Eighty-five percent of our startups [from the accelerator program] are founded by men and 15 percent by women, and if you look at the stats of each group separately, the results are not different at all. So why not increase that number and encourage more females in the country to get into tech?” Vidal says.

The percentage of female-founded startups that have participated in Start-Up Chile’s accelerator is on par with the percentage of venture-backed female founders in the U.S., which has hovered around 15 percent for the past three years.

Instead of establishing a gender quota for the accelerator, Start-Up Chile decided that a bootcamp for less experienced entrepreneurs would have a bigger impact on changing this ratio. Ideally, graduates of The S Factory will be qualified for acceptance into Start-Up Chile at the end of the three months.

The pilot program, which kicks off in September, will accept 10 to 15 female-founded startups that are in the very early stages of development, and generally less than six months old.

“The S Factory has a different goal than Start-Up Chile, where we take a risk and accept 100 startups to make an impact on the ecosystem,” says Patricia Hansen, director of the pre-accelerator.

“This program is a lot more boutique and hands-on, and the measurement of success will be making these startups scalable; creating startups led by women that get further funding after the program ends,” Hansen says.

Start-Up Chile Launches Pre-Accelerator For Female Founders was last modified: July 22nd, 2016 by Editor
ChileFemale EntrepreneursStart-Up ChileThe S Figure
0
Facebook Twitter Google +

Categories

  • Deals
  • Exits
  • Regulatory
  • M&A
  • New Funds & Firms
  • Partnerships

Sign up for LAVCA’s bi-weekly Latin American Private Capital Update and the LatAm Venture Bulletin, produced specifically for venture investors, entrepreneurs, and technology startups in the early stage ecosystem.

Tweets

Missing consumer key - please check your settings in admin > Settings > Twitter Feed Auth

Keep in touch

Twitter Linkedin Youtube

About LAVCA

 

LAVCA is the Association for Private Capital Investment in Latin America, a not-for-profit membership organization dedicated to supporting the growth of private capital in Latin America and the Caribbean through research, education, networking and advocacy.

LAVCA Office

    New York City:
    589 8th Ave, 18th Floor
    New York, NY 10018

Explore LAVCA.org

  • About LAVCA
  • Board, Team, & Advisors
  • Media
  • Contact Us
  • Membership Benefits
  • Members Only Access
  • Education and Programs
  • Research
  • Policy
  • LAVCA VC
  • Contact Us

@2020 - LAVCA. All Rights Reserved.


Back To Top