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Winning Diabetics™ Selected For Global Accelerator Program Garnering $40k Equity-free Seed Capital
Selected participants, 100 in total, hail from 25 different nations and comprise the fourth round of Start-Up Chile applicants
WINNING DIABETICS™ was chosen from a pool of 656 startup company applicants hailing from 25 different countries. The company is founded by Elizabeth Mwanga, a Type 1.5 diabetic who nearly died from complications in 2007, when at 205 lbs. her glucose levels reached nearly ten times the normal range. Through food and fitness lifestyle changes, she was able to lose 100 lbs. and has since maintained the weight loss and has lived med-free since 2009. Ms. Mwanga is a diabetic and healthy food advocate, and has been featured on The Dr. Oz Show, and in Ebony Magazine, MORE Magazine, Woman’s Day Magazine and Redbook Magazine.
WINNING DIABETICS™ plans to partner with local Chilean insurance companies, health care providers and pharmaceutical companies to introduce their multi-lingual social network, mobile application and RPM to the Chilean population while engaging the public in a nationwide campaign against diabetes and obesity. Hiring local software developers and healthcare workers is an integral part of the WINNING DIABETICS™ business model, and the launch in Chile will set the stage for expansion into the Latin American diabetic and prediabetic market of over 33 million people and the global diabetic market of over 300 million diabetics and prediabetics.
WINNING DIABETICS™ currently offers free food & fitness tips and diabetic recipes as well as a blog by Founder, Elizabeth Mwanga at www.winningdiabetics.com and on Twitter, www.twitter.com/
About Start-Up Chile
Start-Up Chile is a program created by the Chilean Government, initiated by the Ministry of Economy and executed by Corfo that seeks to attract early-stage high potential entrepreneurs to bootstrap their startups using Chile as a platform to go global. In line with the national goal of converting Chile into the innovation and entrepreneurship hub of Latin America, the program plans to bring 1,000 startups to Chile by 2014.
During the six months the participants must be in Chile– for which they receive US$40k of equity-free seed capital, a 1-year work visa, and access to local financial and social networks– the objective is to raise funds, hire talent, create networks, and to launch their businesses from Chile while leveraging and interacting fully with the local entrepreneurship ecosystem.
The program, unique in the world, and catalyst of similar initiatives such as Startup America, Britain, and Greece, is the ideal opportunity for bootstrappers to receive funding without ceding equity while utilizing one of the strongest Latin American economies as their launching/development platform. Start-Up Chile has been featured in The Economist, BusinessWeek, TechCrunch, and Forbes, among others.
For more information about the Start-Up Chile experience, please visit www.startupchile.org.
WINNING DIABETICS™ Press Inquiries:
Ted Curren, Epic Moves Agency