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CORFO funds joint activities of technological centers and businesses in areas of strategic impact and public interest. It enables Chilean companies to innovate, both in products and processes; to use top quality technological equipment and gather the world’s most advanced information through research abroad and the hiring of international experts.
Furthermore, CORFO promotes the start up of new ventures providing grants to seed capital projects and business incubators.
CORFO’s main Innovation Incentives are: |
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Entrepreneurial
Innovation |
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Precompetitive
Innovation |
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| Private profit oriented R&D on process/product development |
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| Technology diffusion and transfer from abroad |
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| Innovations with no clear private ownership or marketable private rights |
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| Foster entrepreneurship and new ventures |
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4 funding lines from
US$55,000 to US$6,000,000 |
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• Technology
missions;
• Internships;
• International
consulting;
• Patenting;
• Technology
Transfer
Centers
• Funding from
US$30,000 to
US$600,000 |
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• Public interest
innovation;
• Precompetitive
innovation;
• Regional
capacity
building;
• Funding from
US$25,000 to
US$1,000,000 |
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• Seed capital;
• Incubators;
•
Network of angel
capitalist;
• Funding from
US$12,000 to
US$600,000 |
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