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Anderson Program Helps Start-Up Chile

Students at the UCLA Anderson School of Management have already begun to send in their first round of pitches and applications for Start-Up Chile—an accelerator program that helps develop startups while instilling a culture of entrepreneurship in Chile. Those who are selected move to Chile for the duration of the six-month program.

Start-Up Chile has three application rounds per year, with 100 teams selected to participate in each round. Application dates for 2014 are March 4 to March 25, June 2014 and September 2014, with the exact dates still to be determined.

So far, two UCLA Anderson teams have worked with this business incubator:

Noah Ornstein (JD/MBA ’12) participated while still attending Anderson and launched El Teatro, a theatrical film distribution company.

“We learned a huge amount and it wasn’t anything we could have learned from stateside analysis or a classroom environment,” Ornstein said of the experience.

Eric Kriegstein (’12) won seed funding for SeatUp, a mobile-auction platform that enabled airlines to auction off premium seats and unused inventory in the final hours before a flight takes off. Kriegstein’s vision became reality when he found help from Guillermo Tagle (’91), one of the school’s 100 Inspirational Alumni, who founded an investment bank in Santiago.

UCLA Anderson has already left its footprint in Chile through its Global Executive MBA joint program with Chile’s Universidad Adolfo Ibáñez. The 15-month program has been put together to provide an insider’s view on doing business in South America.

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