Minneapolis-based startup BookBottles recently became one of 154 companies from across 33 different countries selected to join Start-Up Chile, a six month program sponsored by the Chilean Government providing visas and $40k cash for ambitious ventures seeking a South American footprint.
“Start-Up Chile is a program created by the Chilean Government, executed by Corfo via InnovaChile, that seeks to attract early stage, high-potential entrepreneurs to bootstrap their startups in Chile, using it as a platform to go global. The end goal of the accelerator program is to convert Chile into the definitive innovation and entrepreneurial hub of Latin America; this is a mission shared by the Government of Chile and is a primary focus of the Ministry of Economy.”
“BookBottles is excited to be part of Start Up Chile and start expanding internationally” said CEO Adam Link, who is preparing to depart for 24 weeks this January. Link was quick to reassure that the team would maintain its Minnesota presence and describe how he sees the experience as a door opener for other Minnesota companies to interface with Chile’s business community.
BookBottles launched its online software serving the night club industry just last month, and intends to use the capital for product development and marketing while the Minnesota office focuses on sales.
“The opportunity to expand our presence globally, enter a nightlife-centric market in a Spanish-speaking country, and connect with entrepreneurs and investors, including Start Up Chile’s large presence in Silicon Valley, through the program will accelerate BookBottles substantially. With 41 venues for our product, Chile offers the first step in the vibrant South American nightlife market that is prime for BookBottles’ platform. The easily entered markets of Argentina and Brazil offer similarly sized markets, meaning over 120 clubs within a short distance for expanding our network.”
BookBottles will be displaying their technology at tonight’s Tech Cocktail.