November 14, 2016 |
When Clemens Raemy was backpacking through South America, a few sketchy cab rides gave him an idea. He got to work on what is now SaferTaxi, a mobile app for booking, paying for and tracking rides in real time with licensed taxi drivers.
Raemy and a Harvard Business School classmate set out to raise capital to launch the company, but no venture capital funds would back them. So they looked at business accelerator programs and found, to their surprise, a new one called Start-Up Chile.
In 2011, Raemy returned to the region he had come to love during a six-month backpacking trip two years prior. But this time, he rubbed shoulders in Start-Up Chile’s airy office with other entrepreneurs, sever
An incubator for entrepreneurial ventures is part of a Chilean government drive to make it easier to do business. Already it’s finding success.