Chile's Ministry of Science, Technology, Knowledge, and Innovation signed a memorandum of understanding with ElevenLabs. ElevenLabs intends to provide up to 44 million platform credits over 12 months. The credits target eligible Chilean startups working with voice and audio AI tools.
Program scope
The credits will go to eligible startups through a joint initiative. The ministry will promote the program across Chile's innovation ecosystem. ElevenLabs will provide technical support to selected beneficiaries after approval.
ElevenLabs profile
ElevenLabs is valued at US$11 billion and counts Sequoia among its backers. The company is led by CEO and cofounder Mati Staniszewski. It focuses on voice AI and audio tools.
What startups access
Participating startups can use credits for voice generation, transcription, music generation, and conversational voice agents. The tools aim to help founders move from ideas to working applications. Eligible startups must meet ElevenLabs policies and criteria.
Chilean startups will also get opportunities to learn from Mati Staniszewski and his team. ElevenLabs expects voice to become the main way people interact with technology. The ministry said the collaboration supports founders building globally competitive companies.