Skip to Content

    A bank hatches baby entrepreneurs.

    The Chilean bank’s Nace program (Spanish for “born”) backs startups that could spur broader development in Chile. It has loaned $300 million to 13,000 entrepreneurs since 2006, creating an estimated 45,000 jobs.

    The support doesn’t stop at funding. The bank now offers incubator-like services, including tutoring for entrepreneurs and business training programs designed in part to help startups avoid defaults. The initiative has also helped BCI grow its overall loan book: Nace loans grew 86% last year.

    Fortune Data StoreLooking for leads, investment insights, or competitive intelligence?Get Premium Access

    Company Information

    Impact Segment
    Economic Opportunity/Financial Inclusion
    Sector
    Financials
    Industry
    Banks
    CEO
    Eugenio Von Chrismar Carvajal
    Websitehttp://www.bci.cl
    Employees10,511
    Company Type
    Public
    Revenues ($M) (Last Fiscal Year)$2,716
    Profits ($M) (Last Fiscal Year)$507
    Market Value ($M)$5,535