๐ Tender Overview
The "Technology Absorption Program for Innovation" is intended to support companies, especially SMEs, in overcoming their technological deficits in their production by integrating new technologies and processes.
The " Programa de Absorciรณn Tecnolรณgica para la Innovaciรณn " was launched by the Ministry of Economy as part of the Sustainable Productive Development Program ( Programa Desarrollo Productivo Sostenible - DPS) and is implemented by the Corfo Economic Development Association as a funding body. It aims to strengthen innovation capacities in Chilean companies by integrating new knowledge, best practices and technologies that are not or rarely available in the country. In particular, it is intended to help address the three challenges of resilience to the climate crisis, fair decarbonization and productive transformation.
As part of the program, Corfo launched a call for proposals on January 31st, which will be open for submissions on an ongoing basis. Projects to incorporate cutting-edge technologies, new knowledge and the best possible innovative practices are co-financed with up to 60 percent, depending on the funding modality chosen. Universities, consulting firms and technology centers, among others, can apply to lead collaborative projects that include a group of companies with common technological production gaps. The funding measure is available in three modalities:
Technology prospecting and acquisition with co-financing up to CLP 350 million (approximately EUR 33,000) per project
Technology diffusion and adoption with co-financing up to CLP 390 million (approximately EUR 37,000) per project
Technology absorption with co-financing up to CLP 300 million (approximately EUR 29,000) per project
Activities financed include technology missions abroad (prospecting), workshops, personal technical assistance and/or advice, stakeholder mapping, participation in seminars, exhibitions and on-site demonstrations (dissemination), technology visits and internships, investments in enabling technologies, licensing , hiring specialist staff (takeover).