http://www.wsj.com/articles/chile-keeps-nurturing-seeds-for-chilecon-valley-1440371282
"“Start-Up Chile has put a country best known for its vast copper mines on the radar of global techies, who have nicknamed Santiago, its capital, “Chilecon Valley.” Almost 18,000 start-ups from 130 countries have applied. And about 1,050 firms from 77 countries, 20% of them Chilean, have been accepted into a program that requires them to operate here for at least six months.”