In order to attract new technological enterprises, CORFO has created in 2010 a special programme that seeks to attract early-phase, high potential entrepreneurs to bootstrap their start-up using Chile as a platform to go global. The purpose is to convert Chile into an innovation hub in its region; the programme offers funding without ceding equity, working visa, and a global network.

Corfo is the Chilean agency in charge of promoting innovation and investment in Science and Technology; it depends from the Chilean Ministry of Economy.29