This paper explores the state of formal and informal equity sources currently available for financing entrepreneurial activity in Chile. By integrating theoretical perspectives regarding formal and informal equity funding and information gathered from the Global Entrepreneurship Monitor (GEM)...

The promotion of entrepreneurship has become one of the main policies of the Chilean development strategy in the last decade and has been considered as a means to improve local development. The government declared as a success the creation of 250,000 new firms in the last four years. This...