Recently declared as "the most innovate-foster culture of Latin America" or something like that.
But is also WORSE. You need to spend 6 months, half-time attending talks, filling stuff and more or less wasting time... all for the chance to finally meet the investor.
Is a great business for the "accelerators" that are giving US20.000 for each startup (they "Value"), but only US 2.000 in cash, for the kind of thing THEY decide to buy (and no startup accelerator program here help in pay salaries, ie, the people you truly need. Is for buy business cards. Seriously).
The time I waste on that is one of the things I regret more. Saddly, you don't know the full terms UNTIL you have "win" in the top 100 of 1000, get pass the interview, fill stuff then get to the point of get that amazing benefits.