Looking at this list and adding up what Chile is getting for their money, it looks like this is a win-win (even without Chile getting equity). Of course, when in start-up mode, people want to evangalize too : and Chile just wants part of that positive PR (and to create a tech feed-back loop).
Compare this to the USA Startup program that's spending $200k on a standardized startup application. Y-combinator could create the same by adding 'oh, and contribute to building standardized form' to the end of their conditions for their funding : It would be hacked together within a week by 30+ teams of very smart people... Alternatively, get participation from a collaborating set of VCs : Free PR if you contribute.
Compare this to the USA Startup program that's spending $200k on a standardized startup application. Y-combinator could create the same by adding 'oh, and contribute to building standardized form' to the end of their conditions for their funding : It would be hacked together within a week by 30+ teams of very smart people... Alternatively, get participation from a collaborating set of VCs : Free PR if you contribute.