PRZOOM - /newswire/ -
London, United Kingdom, 2011/12/22 - Intern Latin America, a British and Latin American joint venture, has been honored $40, 000 to participate in a esteemed global business program - Start-Up Chile - which is financed by the Chilean government - InternLatinAmerica.com.
Intern Latin America is going to get $40, 000 of equity-free seed capital, and was selected by the Chilean government from more than 650 applications. In the aftermath of this achievement, London is now strongly in the company’s views. Intern London is now functional and set to make top international talent to London from 2012.
Intern Latin America, which offers internship, volunteer, medical elective and Spanish language programmes in Latin America, was formed by Londoner David Lloyd, who left his sales function at Merrill Lynch to start the business enterprise in January this season.
In May David established Intern London along with university friend Lee Carlin. Both men left great jobs to form the business; a tough decision which David thinks would be made easier for more, if there was equivalent support in the UK to Chile.
Founder David Lloyd said: “I am happy that our British and Latin American joint venture has been chosen for the Start-Up Chile program. It's a fantastic opportunity to grow as well as expand the business. I feel that the British government should really look to Chile’s commitment in supporting young enterprisers. Each and every start-up requires help to grow their operations and In my opinion the long-term rewards will certainly justify that support.”
Co-founder Lee Carlin said: “This business was borne out of our own experiences of internships helping us to overcome the hard work opportunities market as well as land top graduate roles post university. International working experience helps students to stand out. We aim to help a worldwide exchange of talent that works with the increasing globalization of business. The Start-Up Chile award has invigorated the business and also given us a platform to truly grow. ”
Internships in foreign countries are the “fastest increasing part of travel” according to travel specialists STA. Intern Latin America programs to merge it's offer in Argentina, Chile as well as Colombia, where it places top students in top companies, hospitals, governments & NGOS, as well as implement its worldwide marketing strategy throughout the program. It programs to support its very first global development, Intern London, in its early stages.
About Start-Up Chile
Start-Up Chile is a program made by the Chilean Govt, started by the Ministry of Economy and executed by Corfo/InnovaChile, that looks for to attract early-stage high potential entrepreneurs to bootstrap their startups by using Chile as a platform to get worldwide. In line with the national goal of changing Chile into the new development and also entrepreneurship hub of Latin America, the program plans to bring 1, 000 startups to Chile by 2014.
During the 6 months the participants must be in Chile- for which they acquire US$40k of equity-free seed capital, a 1-year work visa, and admittance to local financial and also social networks - the aim is to increase capital, hire talent, create networks, and to launch their enterprises from Chile while leveraging and even interacting totally with the local entrepreneurship ecosystem.
The program, unique in the world, as well as catalyst of similar initiatives such as Startup America, Britain, and also Greece, is the ideal opportunity for bootstrappers to obtain backing without having ceding equity while utilizing one of many strongest Latin American economies as their launching/development platform. Start-Up Chile has been featured in The Economist, BusinessWeek, TechCrunch, as well as Forbes, among others.