Alternativas de financiamiento para nuevas empresas en Chile

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
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
 !"# $%&'(#)'
*#)+,,-
!#.'/#& &'0!%)1$#0 '"%2%)#" ! 
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  !"#$ %&'#((! +9
) (&*(        +8
 !+'("!,-&(&+$-%&+(     <7
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CD4E'/F      <-
<77#! !0# 3#'!"%&' 2#" )'3#)) <?
<7+       <8
 
5!' 7G <8
#! !0# 3#'!"%2  %@'0"%/&'!!%. 0#1!
'0!%)1$#0 
5!' +: -7
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5!' <: -<
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!#.'/#& &'0!%)1$#0 '"%2%)#" ! 
#! !0# 3#'!"%2  32'/ /4'. /
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+
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5!' -: ->

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5!' >: >,


<+:         >7
CDIF      >+
CDIF     >+
CF      ><
     ><
<<: %!&%&'!!%. 0#1!$%2'04 # >-
CDIF  >-
    >>
    >?
<-:       >9
CD4#E!'/24'&'!2%/"4)  F >8
C13%2%/"4)  )%/H%!&%/J4''!"'$  >8
F
  ?,
 
5!' /&'H#! !0# 3#'!"%"#2% ?,
    ?7

 
5!' /&'H#! !0# 3#'!"%"#2% ?+
5!' &'H#! !0# 3#'!"%"#2%  ?<
  ?-

  ??

    ?9
<>:       K7
<>72%@% ) %3%0#1!L" 00#1!@ K7
 "'# )#= 0#1!&'!.'/#%!'/ '$#%!'/
AM0)4#& ) '$#1!'"%2%)#" ! B
!#.'/#& &'0!%)1$#0 '"%2%)#" ! 
#! !0# 3#'!"%2  32'/ /4'. /
!$'!#'5 %3'0# )
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4)#6!'!&%.#&%.#0(
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/"4&#%&''#!.'/#1! K7
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
<>+2%@% ) %3%0#1!@" 00#1!&' K-
!.'/#%!'/2  ) 0' 0#1!&''32'/ /&'
)" '0!%)%$5 !%" &#0#%! )'/
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:)" '0!%)%$5 A:7B
*!0'!"#.% )2%3%"%&') !.'/#1! K-
:)" '0!%)%$5 A:+B
04*.'!0#1! ) H%3 0#1!&''04/%/ K>
(43 !%/:)" '0!%)%$5 A:<B
&!0'!"#.% ) #!.'/#1!'! 0"#.%/H#;%/ K?
#!3%.#)#= &%/G)" '0!%)%$5 A:-B
<><      KK
C46)'/) .'!" ; &'%2' 0%!')F KK
CD4#E!'//'*'!'H#0# !0%!)   !"5 F KK
C46)'/')!#.')&'.'!" /'/" *)'0#&%2  2%&' K9
%2' 0%!')F
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2%/"4)  )   !"5 &')F
CD4'/'24'&'H#! !0# 0%!)   !"5 F K8
C46)'//%!) /0%!&#0#%!'/&')%/0E&#"%/ H'0"%/ K8
) !"5 F
CD4E"#2%&'0E&#"%/'/"6! H'0"%/ )  9,
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Plan Preplan Implementación
Supervivencia
Crecimiento Lento
Crec. Acelerado
F ases de D esarro llo
Gráfico 1. Estructura de Financiamiento de acuerdo al Estado de
Desarrollo de Empresas
Fundador Angeles Capital de Riesgo
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