2014年-世界发展银行全球_Fundacion_Chile_Incubator___Chile_Case_Study_16页_1mb

Fundación Chile Incubator Summary

Core Content

Fundación Chile is a nonprofit organization established in 1976 as a public-private joint venture between the Chilean government and ITT, an American communications conglomerate. It has since evolved to include BHP Billiton as a partner. The foundation focuses on technology transfer and innovation incubation in key sectors such as agribusiness, marine resources, forestry, environment, human capital, and information and communication technologies.

Main Viewpoints

• Strategic Vision: To become the leading technological institution in Chile for creating and disseminating high-impact innovations.
• Mission: To introduce innovations and develop human capital in Chile's key economic clusters through technology management, in collaboration with local and global knowledge networks.
• Approach to Incubation: Fundación Chile uses a three-pronged approach: identifying opportunities for new products and services, obtaining necessary technologies, and scaling up and diffusing the technology across relevant sectors.
• Institutional Setup: Fundación Chile is structured as a "do tank" rather than a "think tank," with a strong emphasis on operational execution. It has a Board of Directors representing co-founders and partners, and various divisions including Technology Center, Business Unit, and Companies & Investment.
• Business Model: The foundation's business model is based on identifying high-potential innovative opportunities, adapting technologies to local conditions, and leveraging funding from private partners, public organizations, and eventually private companies.
• Staffing: It employs 350 professionals and nearly 300 external consultants, with a skill profile ranging from bachelor's to doctoral levels.
• Successes: Fundación Chile has achieved notable successes in various sectors, including the development of the salmon farming industry, boxed beef, and berry cultivation, which have significantly boosted Chile's export capabilities and economic growth.

Key Information

Strategic Vision, Mission, and Targets

Fundación Chile's mission is to introduce innovations and develop human capital in Chile's key economic clusters through technology management, in alliance with local and global knowledge networks. Its target industries include agribusiness, marine resources, forestry, environment and chemical metrology, human capital, and information and communication technologies.

Distinctive Features

• Public-Private Alliance: Fundación Chile operates as a joint venture with the Chilean government and private entities.
• Private Control: It maintains private control over its operations and decisions.
• Market Orientation: It focuses on market feasibility and operational management.
• Use of Networks: It leverages networks for value creation and project scale-up.
• Self-Financing: It relies on self-financing to sustain its operations and maintain independence from political influence.

Brand and Market Position

In 2006, Fundación Chile conducted a brand review and developed a new media concept to enhance its marketing. It rebranded with the slogan "Movemos la Frontiers de lo Posible" ("Extending the Boundaries of Possibility") and strengthened its brand through partnerships and media presence. It now has a strong online presence and engages with investors, finance, and government programs.

Incubation Process

Fundación Chile's incubation process includes five phases: detecting profitable subsectors, developing/importing suitable technology, selecting appropriate technologies, implementing and adapting them, and diffusing the technology results. It has a strong focus on value chain creation and has supported the development of numerous companies, particularly in agribusiness.

Critical Success Factors

• Diverse Project Portfolio: Reduces uncertainty and allows for a range of risks and returns.
• Openness to International Partners: Enhances expertise and financing opportunities.
• Consistent Initial Funding: Provided by private partners, which ensured financial stability and allowed for risk-taking in new sectors.

Lessons Learned

• Lesson 1: Adequate funding is essential for organizational sustainability. A balanced financial base allows for flexibility and innovation.
• Lesson 2: Local impact is enhanced through global associations. Partnerships with international entities provide valuable expertise and resources.
• Lesson 3: Partner selection is crucial. Fundación Chile seeks entrepreneurs with strong business knowledge, good networks, and a flexible, entrepreneurial vision.
• Lesson 4: Innovation should be approached like a poker game, with nonlinear project management and adaptability to changes.
• Lesson 5: A varied portfolio of projects with different scales and impacts is necessary for long-term success.
• Lesson 6: Successful impact models combine direct value creation with indirect enablers that support broader economic and social outcomes.

Goals Moving Forward

Fundación Chile aims to expand its focus to address global challenges such as climate change, water scarcity, CO₂ emissions, and human capital development. It plans to adopt a client-focused perspective, use its full functional capacities, and adjust its institutional framework to ensure consistent financing for projects, potentially through larger endowments, more services, consulting, and public or private financing.

Contacts

• Website: www.fundacionchile.com/en/
• Contact: Andrés Pesce
  • Email: apesce@fundacionchile.cl
  • Position: Vice President, Business Development and Investment
  • Location: Santiago, Chile
  • Tel: +562 240-0489

References

• Eric Rolf Hansen, 2011. Background Case Study Fundación Chile, a study conducted by Agrifood Consulting International (ACI) and Economic Transformation Group (ETG) for infoDev.
• Fundación Chile, Los 30 Anos de Fundación Chile.
• Fundación Chile, Moviendo la Frontera de lo Posible (Memoria 2006-2009).
• Saez, Raul, Creation of Statues of Fundación Chile, April 1976 Memorandum.
• The Fundación Chile Model, "Case Study for Learning Exchange Experience with Mongolia", Santiago, Chile—March 2010.