British Based Start-Up Chosen For Esteemed International Accelerator Program
Online, December 22, 2011 (Newswire.com) - Intern Latin America, a British and Latin American joint venture, has been honored $40, 000 to participate in a prestigious world-wide business plan - Start-Up Chile - which is funded by the Chilean government. Intern Latin America will receive $40, 000 of equity-free seed capital, and was chosen by the Chilean government from more than 650 applications. In the aftermath of this accomplishment, London, uk is currently firmly in the company's sights. Intern London is now functional and set to bring top international talent to London from 2012.
Intern Latin America, which provides internship, volunteer, medical elective as well as Spanish language programmes in Latin America, was established by Londoner David Lloyd, who left his sales function at Merrill Lynch to start the business in January this season.
In May David founded Intern London with university friend Lee Carlin. Both men quit from very good jobs to form the business; a tough determination which David feels could be made easier for more, if there was similar backing in the UK to Chile.
Founder David Lloyd said:
"I am delighted that our British as well as Latin American joint venture has been selected for the Start-Up Chile program. This is a superb chance to develop and expand the business enterprise. I feel that the British government should look to Chile's commitment in supporting young entrepreneurs. Every start-up requires help to grow their operations and In my opinion the long-term rewards will justify that support. "
About Start-Up Chile
Start-Up Chile is a program made by the Chilean Government, started by the
Ministry of Economy as well as implemented by Corfo/InnovaChile, that will seeks to attract early-stage high potential enterprisers to bootstrap their startups using Chile as a platform to go global. In line with the national goal of converting Chile into the new development and also entrepreneurship center of Latin America, the program plans to bring 1, 000 startups.
During the 6 months the participants must be in Chile- for which they get US$40k of equity-free seed capital, a 1-year work visa, and admittance to local financial and social networks - the objective is to increase funds, hire skill, create networks, and to launch their enterprises from Chile while leveraging and interacting totally with the local entrepreneurship ecosystem.
The program, unique on the planet, as well as catalyst of very similar initiatives such as Startup America, Britain, and also Greece, is the ideal opportunity for bootstrappers to get backing without having ceding equity while applying one of many strongest Latin American economies as their launching/development platform. Start-Up Chile has been featured in The Economist, BusinessWeek, TechCrunch, as well as Forbes, amongst others.