Nathan Lustig

IncuBAte: Equity Free Startup Grants in Buenos Aires, Argentina

Category : Argentina
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argentina startups

Silicon Valley is no longer the only hotspot for startup activity. Many more startup hotspots are popping up across Latin America, and new programs are not only bringing life to local economies but also helping Latin American entrepreneurs tap into international networks.

I was part of Start-Up Chile’s pilot round in 2010, which was the pioneering equity free accelerator in the world. Chile’s government-backed and equity-free accelerator program is well known for producing a vast network and many startup success stories.

By 2015, Start-Up Chile led to over 1,500 new jobs, its successful graduates raised over $100 million, and the program changed the culture around startups in Chile.

Now, under the direction of executive director Rocío Fonseca, Start-Up Chile offers multiple programs, including The S Factory, designed uniquely for female founders. Through its successes, Start-Up Chile has demonstrated Latin America’s incredible potential and sparked a movement across the region. (more…)

Ep 26 Mak Gutierrez, Supporting Makers and Startups In Guadalajara

Category : Crossing Borders Podcast, Mexico
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Mak Gutierrez - startups in Guadalajara Mexico

Most people in Silicon Valley would not intuitively think of building startups in Guadalajara, Mexico. But Mak Gutierrez is part of a team working through Hackers and Founders to support and fund startups in one of the most historic cities in Latin America.

In this conversation, Mak and I talk about his background, how Science Fiction has influenced his thinking about the future and the role of tech in the world, and why Guadalajara is one of the best places in Latin America to start a company.

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Ep 25 Insights and Lessons from Latin American Entrepreneurs – the Best Of Crossing Borders

Category : Crossing Borders Podcast
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As I’ve featured Latin American entrepreneurs over the last 24 episodes I’ve learned more than anyone. The insights these entrepreneurs, investors and ecosystem builders in Latin America have are extremely helpful to anyone who’s looking to start their own company or grow an existing one.

I decided to share my key takeaways with you on this 25th episode, so what you’re going to hear is a shorter “best of” session featuring a handful of the great entrepreneurs I’ve spoken with over the last few episodes. I also take a few moments after each clip to share why I thought the advice shared is so valuable. And just in case you want to hear each of the interviews in their entirety, I’ve linked these great Latin American entrepreneur and investor names to their original episodes in the bullet point outline below.

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The Investment and Startup Community in Peru

Category : Latin America Startups and Investing, Peru
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Many travelers visit Peru to experience Machu Picchu, and though incredible, there is much more to this country than its wonder of the world. Known for its gastronomic sector, Peru has some of the most diverse (and delicious) food in the world. Through its long history of eating seafood, mixed with Spanish, Japanese and Chinese immigration, it’s always a pleasure to go to Peru, even if it’s only to eat, and entrepreneurial Peruvians have taken advantage.

Peru has diverse terrain, from the steeply sloping Andes and dense jungles to the cerulean coastline. About one-third of Peruvian residents live near or close to the ocean. The population is just shy of 32 million, surpassing Chile but falling below Colombia. Monthly wages are on the upswing at 1680.67 Peruvian Sol (roughly US$519), with a minimum wage of 850 Peruvian Sol.

The capital city, Lima, is experiencing rapid growth and the government is allocating investment towards more infrastructure and improving public transportation. Foreign investors are paying close attention to the new Cuzco airport which offers easier access to Machu Picchu, though has caught some local scrutiny. Peru offers multiple visas for foreigners interested in the business sector, but these visas can come with an unwanted amount of red tape. (more…)