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ChileGlobal Ventures, the venture capital area of Fundación Chile, in alliance with the APEC Business Advisory Council (ABAC), are inviting the best startups from all over the world to join Inventing The Future, APEC’s official call, which will finance and allow the development of innovative businesses focused on the two great challenges faced by today’s society: Digital Transformation and Circular Economy.

Inventing The Future is the official APEC call, that will have its big closure on the APEC SME Summit 2019, an event to be held on November 14 in Santiago de Chile. The winners will present their Pitch to a 800 international audience, having the opportunity to validate their business in the Latin American and Asia-Pacific coast venture capital ecosystem.

Who mayapply?


All those startups that want to develop their business for the market of the economies of the Asia-Pacific coast, having Chile as the center of operations. 

They must be focused on solving the following challenges in any industry: 

CHALLENGES1. Digital Transformation

2. Circular Economy

WHICH IS THE BEST FUND FOR YOU?

CONNECT YOUR BUSINESS TO LARGE CORPORATIONS

By applying to Inventing The Future, you will have the possibility of partnering with two large Chilean companies to move towards a digital and sustainable transformation.

 

Thus through the following challenges:

Entel Challenge

The leading telecommunications company in Chile and Peru, seeks solutions that can add value to its portfolio of products for SME customers.

CMPC Challenge

A Pulp, Packaging, and Tissue producer and distributor with 99 years in the market and presence in more than 45 countries, is looking for startups and suppliers that have innovative solutions to add sustainable value to their products and processes.

THE BEST STARTUPS WILL STAR AT SME SUMMIT 2019


The best 6 disruptive businesses of the call will pitch at the SME SUMMIT 2019 event next November 14, in front of an audience of more than 800 attendees and a first level jury, composed by executives from large corporations, investment fund managers and APEC representatives.

ABAC SINGAPUR PRIZESME SUMMIT 2019


The best 3 pitches at SME SUMMIT 2019 will be the winners of the ABAC Singapore Award, sponsored by Vantrust Capital and UPS, which includes a ticket from their country of origin to a Singapore Roadshow; a five-day event where they will participate in meetings with local venture capital institutions, in one of the most developed venture ecosystems in the Asia Pacific. More details in the Terms & Conditions. 

Milestones of Inventing The Future 2019

August 14 - November 11


ChileGlobal Ventures is the venture capital area of Fundación Chile. Over the years, ChileGlobal Ventures has partnered with +180 startups, invested +USD$ 105 MM and executed 19 exits. Also developed an Angel Investment Network, the most active in Chile and one of the most important ones in Latin America, connecting +90 angel investors. Recently, ChileGlobal Ventures launched its second fund, CLIN, financing between 20-25 stage seed startups focused on B2B markets and sectors associated with the sustainable use of natural resources.

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The APEC Business Advisory Council (ABAC) is the private-sector arm of the Asia-Pacific Economic Cooperation. The main mandate of this council is to advise Leaders and other APEC officials on issues of interest to business. This private-sector body presents recommendations to APEC Leaders in an annual dialogue and advises APEC officials on business sector priorities and concerns. ABAC members are appointed by their respective economic leader and represent a range of business sectors, including micro, small and medium enterprises (MSMEs).

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It is Entel's open innovation program, which connects the organization's internal challenges with the talent of digital and technological entrepreneurs, creating shared value, promoting innovation and generating high-impact solutions that make a contribution to improving the quality of service and people's lives.

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CMPC is a multinational corporation with almost 100 years of existence delivering sustainable solutions to its customers and consumers. The Company produces wood, pulp, packaging products, household and non-household personal care products, and tissue paper. Its products not only satisfy the needs of customers but are renowned for their quality and competitiveness, and for being manufactured from entirely renewable sources.
The Company operation is based on international partnerships contributing to the sustainability of the planet, the stimulation of local economies and positive impacts on adjacent communities.

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