Latinnovators
POST VON DANIEL (Daniel schreibt in unregelmässigen Abständen exklusiv für SwissStartups):
So far, a lot of start-up stories and advices from Europe or from the US were published on this blog. But how is actually Latin America doing? What about entrepreneurs, business angel organizations or business incubators in Latin America?
These were exactly the kind of questions that attracted my interest and the reason why I chose to work for the business incubator Octantis (http://www.octantis.cl) of the renowned University Adolfo Ibañez in Santiago de Chile. My first four weeks here at Octantis have been tremendously interesting and I am glad to share some of these experiences with you on this blog!
Octantis acts as a networked incubator, rather than a facility provider. Entrepreneurs in a very early stage may apply at Octantis and present their business project. Once accepted, the entrepreneurs work in close collaboration with an executive from Octantis to further develop their business. For entrepreneurs that have an innovative value offer and high growth potential, Octantis offers access to the following: Customers, partners, smart money (angel investors), mentoring, serial entrepreneurs, peer-entrepreneurs, government grants, venture capital, and other necessary resources to grow their business.
I am primarily working on the execution of a program called Latinnovators, together with three people from Octantis: Gaston Salinas, Benjamin Werenfels and Ricardo Salas, a former Silicon Valley serial entrepreneur. Since Octantis is very well networked with other incubators in Latin America as well as organizations in the United States, the program offers an attractive internationalization program to high-growth start-ups from all over Latin America. Within three months you get trained and coached to present your business pitch in front of a venture audience in South Florida, which is organized in collaboration with several US organization such as the Gold Cost Venture Capital Association – doesn’t that sound great?
Which start-ups are incubated by Octantis? Latinnovators and Octantis have supported Surikat, a company that produces innovative x-ray protection shields for children and that has just raised 450K US$ of seed funding. Another successful company to be mentioned is the Brazilian company Container Consultants & Systems (CCS) that has been connected to US investors by Latinnovators. CCS offers an innovative process optimization software for the container shipping industry. Definitely two companies that are worth following!
Apart from the work at Octantis, I have to admit, Santiago is a very nice city to live in; the sea is very close, there are possibilities to do windsurfing and soon we can even go skiing! Furthermore, I got to know a lot of Chilean people that are extremely friendly and open-minded. Hereafter I would like to share a few impressions from Santiago. I’ll keep you posted with the start-up news from Chile!
Saludos desde Santiago





Juni 8th, 2009 at 20:44
Nice article
Juni 9th, 2009 at 05:43
Lieber Daniel
Besten Dank für den tollen Beitrag aus Chile.
Ist die Start-up/Innovationsstruktur in Chile zu vergleichen mit der in der Schweiz? Wie sieht das ganze Eco-System aus (Technoparks, Förderagenturen etc.)?
Danke für die Beantwortung und Gruss
Dominik
PS: Gibt es auch eine Start-up-Blogger-Szene in Chile?
Juni 10th, 2009 at 03:37
Hey Daniel,
Thanks for the interesting post. Say hi to Bill from the American Embassy if you meet him. He’s the FBI’s tech scout who’s looking for new security technologies all around South America. Certainly an interesting contact for you … and a perfect host when it comes to chosing amazing restaurants with great meat and the best pisco
Cheers,
Andi
Juni 10th, 2009 at 03:38
… of course not the FBI but the Navy
Don’t know what I was thinking.
Juni 11th, 2009 at 02:08
Dear Domink, Andi and Nico,
many thanks for your comments!
@Dominik:
As far as I can judge it, the innovation culture is definitely different here. On the one side, there is much less available infrastructure, less financial resources and less available networking events than in Switzerland.
On the other side, the innovation organization of the government, CORFO (www.corfo.cl), supports projects with funding (unlike CH) and support for knowledge. However, this support is affiliated with a high degree of bureaucracy, and therefore the interaction with CORFO is not always uncomplicated.
In terms of a blog, I will ask my co-workers as soon as I’m in the office again, so far I am still in quarantine with A(H1N1), for two days more…
@Andi:
Sounds great and very interesting, what have you been doing in Santiago? What was your impression of Santiago? Have you been to Chilenazo for some awesome meat and Pisco? I would be really interested to get in touch with Bill. Maybe we could get in touch by e-mail? mine is: daniel at octantis point cl
Did that help Dominik? I’ll be happy to answer any further questions!
Regards from Santiago
Daniel
Juni 12th, 2009 at 02:58
Wow Daniel
Great page!