Chilean governmental entity, CORFO, founded in 1939 to foster economic growth in Chile.
Founded
1939
Location
Santiago, Santiago Metropolitan Region, CL
Corfo, the Production Development Corporation, is a Chilean governmental organization founded in 1939 by President Pedro Aguirre Cerda to promote economic growth in Chile. Its core mission is to foster innovation, entrepreneurship, and competitiveness across various sectors. Corfo offers funding, support programs, and development initiatives targeting startups, SMEs, and large enterprises to stimulate economic development and technological advancement.
Corfo has significantly impacted Chile's economic landscape by supporting numerous startups and fostering innovation. It has played a crucial role in developing key industries such as mining, agriculture, and technology. Through its initiatives, Corfo has attracted international investments and partnerships, contributing to Chile's reputation as a hub for innovation and entrepreneurship in Latin America.