Chilean SMEs can access public funds for technological leap

Small and medium-sized businesses in Chile can now access public resources to drive their technological advancement. Corfo, the Production Development Corporation, has launched a program aimed at accelerating digitalization across nine regions.

Juan Francisco Montes, Corfo's Territorial Development Manager, highlighted the initiative's continuity, stating, "We will continue to give continuity to a program that has already started." The benefit is specifically designed for formalized small and medium-sized enterprises with annual sales ranging from 2,400 to 100,000 UF. Montes clarified that "it is enough for a company to bill approximately eight million pesos per month to be able to apply."

The program offers a comprehensive package including digital self-diagnosis, technical assistance, training sessions, and connections to the broader productive ecosystem. Montes emphasized the significant impact of digitalization on business operations, noting that "efficiency and productivity levels increase very greatly once a company digitizes."

Applications for the implementing entities of the "Fortalece Pyme" Digital Assistance Network are open until the end of August via Corfo's online platform. This initiative seeks to equip Chilean SMEs with the tools needed to thrive in an increasingly digital economy.