Corfo will co-finance up to 60.00% of the total cost of the respective Program, with a maximum grant amount of up to $3,000,000,000.

The Corporation for the Promotion of Production, CORFO It has recently launched a new call for Technology Programs for projects that use Artificial Intelligence to improve productivity and innovation in the Health, Forestry, Agriculture, Food and Aquaculture sectors.

The initiative provides co-financing of up to 60%, with a maximum co-financing amount of up to $3,000 million.

The aim of this program is to increase the rate of technological innovation in products and processes of companies belonging to specific productive and/or economic sectors, through the coordinated implementation of technology development project portfolios that allow reducing and/or closing identified gaps, improving the sector's productivity and contributing to its diversification and/or sophistication.

Among the requirements to apply are:

  • Possess technical, management, technology transfer, and business innovation capabilities in the specific productive and/or economic sector for the correct execution and management of the Program.
  • Be a technological reference in the specific productive sector, to act as a counterpart in the different projects carried out within the portfolio.
  • To have experience in the management and/or execution of technology-based projects in the specific productive and/or economic sector to be addressed by the Program.
  • To have or be able to have a team with sufficient specialized human capital to ensure the management, transfer and dissemination of the technological developments obtained as a result of the Programme.
  • Have working experience with institutions, such as technology centres, higher education institutions, relevant companies in the sector or others, which give it relevance to address the Programme.

Corfo will co-finance up to 60.00% of the total cost of the respective Program, with a maximum amount of subsidy of up to $3,000,000,000 (three billion Chilean pesos).

Participating entities must contribute at least 40.00% of the programme’s total cost. This includes both “new or cash” contributions and “existing or in-kind” contributions. At least 20.00% of the total cost must come from “new or cash” contributions.

Expected results

  • Implementation of technological developments in pre-commercial or commercial stages linked to solving the gaps and/or challenges of the call.
  • Implementation of a Transfer and Business Model operating for the different technological developments, which enable its implementation in the sector prioritized in the proposal.
  • Contribution to the competitiveness of the sector, based on process and/or product improvements.
  • Technological addition through the development or adaptation of systems, in the production and business processes, that add value and increase productivity and/or competitiveness of the sector.
  • Linkage between companies in the sector prioritized in the proposal, in addition to offering productive technological developments.
  • In this way, the final results of the programme are expected to have a positive impact on improving the quality of life of individuals and territories.

More information about this program in the following link: https://www.corfo.cl/sites/cpp/convocatorias/movil/programa_tecnologico_inteligencia_artificial_industria_chilena#