One of the 2010 Bootcamp (now Startup Sauna) companies, Kassi, has been selected to Start-up Chile, the Chilean government’s program inviting early-stage international entrepreneurs and startups to work in Chile.
Currently operating within Aalto University and a few other beta communities, Kassi is a web service that facilitates community members helping each other out in different ways: by lending and selling stuff, doing favors, sharing rides and so on.
The core team have worked on Kassi for several years now, met with some challenges, and decided to apply to Start-Up Chile as a part of a “octopus strategy” of throwing arms to all directions to see which ones float. A team of three will embark to Chile, Antti Virolainen, Anna Korolyuk and Juho Makkonen, while Kassi still continues to service communities in Finland as well.
“Instead of changing the world through revolution, we can change the world through #innovation”
Goes the Start-Up Chile slogan coined by Former Minister of Economy, Juan Andrés Fontaine. Start-Up Chile project started last year with a pilot and extends to full scale in the beginning of 2012 when Kassi will be one of the over 150 international companies moving to Santiago, Chile.
The goal of Start-Up Chile? To increase interaction between Chilean and global entrepreneurs to strengthen the relationship between Chile and other innovation hubs around the world.
Selected participants are given US$40,000 of equity-free seed capital, and a temporary 1-year visa to develop their projects for six months, along with access to the most potent social and capital networks in the country.
Start-Up Chile is being advised by the Stanford Technology Ventures Program but what’s interesting is that it’s a fully Chilean government-backed program, showing a great commitment to and appreciation of internationality and startups from the public sector. Good luck, Kassi and Start-Up Chile – we hope to hear from you both soon!