Inside Chile’s Magical Startup Scene
While it’s not known for tech, Santiago has started to pump out some remarkable inventions.
Inside Chile's Unique Start-Up Scene
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Santiago would not be the first city that pops to mind as a rival to Silicon Valley, and with good reason: The wealth flowing through Chile’s capital city comes from the copper and mineral mines rather than high tech. But a collection of passionate engineers operating out of a technology incubator called the Idea Factory could change that.
Hello World host Ashlee Vance traveled to Santiago to see this unique take on the tech incubator. Backed by some of Chile’s wealthiest investors, IF has set up a few locations throughout the city to give inventors a place to work and to provide students and budding entrepreneurs with access to classes and influential leaders. The early results have been spectacular.