Start-up Chile: A Grand Innovation Experiment

It’s easy to understand the importance of innovators and entrepreneurs to the economy, but it’s much harder to figure out the best ways to encourage more entrepreneurship. In an article for TechCrunch, Vivek Wadhwa explores Start-Up Chile, a program that he calls “Chile’s Grand Innovation Experiment.” Most initiatives to create the next Silicon Valley have failed, Wadhwa argues, because they use a top-down approach that fatally leaves out the most important ingredient — the entrepreneurs themselves. Start-up Chile is therefore unique because, rather than building office parks and partnering with VC’s and universities, it focuses on attracting innovators and entrepreneurs from all over the world to Chile, where they will start their own businesses.

Learn more about how Start-up Chile plans to achieve this goal and watch a video about its first crop of participants here.

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