PROGRAMS
Creation, development and promotion of the VC industry
Venture Capital Chile by CORFO will channel the different ways the Government provides funding for the VC industry. These funds can match, double, even triple private contributions.
CORFO fosters the Chilean VC industry by providing finance for VC Investment Funds. This financial support is provided in the form of long-term credit lines to these funds, incorporated in Chile under the “Third Party and Individual Portfolios Management Law, N° 20.712”.
There are three CORFO programs to which investors can apply. They work on a “first come, first served” basis, providing funding that can match and even triple the amount contributed by private investors.
Early Technology Development Stages
This program fosters the creation of Investment Funds providing finance to Chilean businesses in the early stages of development. The business must have potential for innovation and growth in technology-based industries.
FROM US$ 6,7M
UP TO US$ 33M*
Early Development Stages
This program fosters the creation of Investment Funds supporting the finance and development of Micro, Small and Medium Chilean businesses, in their early stages. The business must have potential for innovation and growth.
FROM US$ 6,7M
UP TO US$ 55M*
Development and Growth
This program fosters the creation of Investment Funds supporting the finance and development of Chilean business with high growth potential that have already reached the expansion stage.
FROM US$ 6,7M
UP TO US$ 89M*
*Includes options to increase the line of credit by maintaining and increasing the debt Corfo/equity ratio.
These CORFO programs have supported 70+ Funds, and invested in 450+ Chilean businesses in different industries
They include tech-based ventures, creative industry initiatives, renewable energy projects, green hydrogen, and other ventures with the B Label.
The investment funds supported by CORFO invest in Chilean businesses with a high growth potential. They play an active role in management and support development and networking. This in turn facilitates up-scaling and multiplies ROI, among other benefits for partner funds.
For information about relevant amounts, investment tickets, funds supported by finance programs and contacts in the funds incorporated in Chile, please see CORFO’s Public Report: