Chile is the first producer of copper, lithium, and iodine; and mining represents 13.5% of the national gross domestic product. In this scenario, Fundación Chile identified that one of the areas that has more opportunities to innovate, is the mining sector. In this sense, the Venture Platform of FCh intends to impulse dynamic undertakings in the mining area so they can have a high impact by promoting the connection of companies with the mining ecosystems of countries like Canada, Australia, and others in northern Europe.
The Director of the Venture Platform of Fundación Chile, Jamie Riggs, noted that “the national mining sector is world-class, and in that sense, entrepreneurs have the chance to create innovative products for multinational companies in this area, allowing it to escalate internationally into other type of industries”.
Fundación Chile’s Portfolio has a vast space for innovation in mining. For instance, the institution supports companies like Zyght, Austral 3D, Maquintel, I-go, DriveTech, and ReStudio, which give innovative solutions to the needs of the industry, and also will participate in Exponor 2015, that will take place in Antofagasta between the 11 and 15 of May. Zyght is a digital mobile tool that seeks to change the paradigm of personal security in mining sites and industry, promoting “self-care” with “collaborative care”.
Fundación Chile seeks to promote the best initiatives that have a high innovative accent, especially in one of the most important industries for the country’s GDP.
Maquintel, on the other hand, is a company devoted to the development and implementation of high technologic level robotic systems, and projects itself as a leading company on complex technological solutions in the region. Meanwhile, an immersive 3D simulator procedure with videogame logics to support the training and start guide orientation in industrial companies is what Austral 3D proposes.
In this context, Fundación Chile seeks to promote the best initiatives that have a high innovative accent, above all in one of the most important industries for the country’s GDP. Currently a new proposal named “Piensa en Grande” (Think Big) is open. It will accept applications until May 24, where the winning projects will become part of Fundación Chile’s business accelerator portfolio. This means that they will receive counseling at an administrative level as well as at business level, and may have access to funding up to $60 million through Corfo’s SSAF-I Fund.