CEI July2012 English

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    Chile:an Innovation Hub in Latinamerica

    2nd Call for:

    International Centers of Excellencein R&D and Tech Transfer

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    CORFO: Chilean Economic Development Agency

    Mission - Vision

    Miss ion

    To promoteentrepreneurship andinnovation in order to

    improve Chiles productivityand achieve a position of

    2

    INNOVATION ENTREPRENEURSHIP COMPETITIVENESS

    global leadership incompetitiveness.

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    CHILE: Innovation Hub of Latinamerica

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    Chiles Next Growth Phase(2010-2030)

    Gobierno de Chile | Corfo - Chilean Economic Development Agency

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    Sustainable

    Growth

    Increased

    Productivity Gains

    How are we getting there?

    5Gobierno de Chile | Corporacin de Fomento de la Produccin CORFOGobierno de Chile | Corporacin de Fomento de la Produccin CORFO

    Science &Education

    Innovation &Entrepreneurship

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    Where is Chile going to add value?

    Sustainable andCompetitive Natural

    Resources

    NaturalCollaborative

    6Gobierno de Chile | Corporacin de Fomento de la Produccin CORFOGobierno de Chile | Corporacin de Fomento de la Produccin CORFO

    (Astronomy, MarineBio & Energy,

    Seismic/Geo Studies,Antarctica,

    Dessert/Solar, etc)

    Agriculture and FoodIndustries

    HorizontalTechs

    (Biotech, ICT, GreenTech, etc)

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    Human Capital: Undergraduate Enrollment

    Average yearlygrowth rate of8% 2001-11

    Source: Ministry of Education

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    National PotsGrad Enrollment

    Number of Enrolled PostGrad Students

    Increased x4in 10 years

    Source: Ministry of Education

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    Postgrad students starting their programmes per year

    341 349

    499

    PhDs

    455

    536

    632Masters

    Human Capital: Government Scholarships - Flow

    2009 2010 2011 2009 2010 2011

    Source: Conicyt

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    Academic Indicators

    2 out of Top 5 Latinamerican Universities (QS Ranking)

    Highest Citation Index in Latinamerica (12,69) -- SciMago Lab

    Ranks N1 (Latam) in publications per million inhabitants(373) -- SciMago Lab

    But as you can see in the next slide, low overall spending onR&D (and very low private investment withi

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    OEDC Countries: GERD as a % of GDP

    1 8

    2,3

    EU27United Kingdom

    BelgiumCanada

    Australia (2006)FranceOECD

    GermanyDenmark

    AustriaUnited States

    IcelandSwitzerland (2004)

    JapanFinland

    KoreaSweden

    Israel

    Low R&D Investment as a % of GDP

    11

    0,4

    0,0 0,5 1,0 1,5 2,0 2,5 3,0 3,5 4,0 4,5 5,0

    Chile (2008)Mexico (2005)

    Slovak RepublicGreecePolandTurkeySouth Africa (2005)

    HungaryRussian Federation

    Italy (2006)Estonia

    PortugalNew Zealand

    SpainIrelandChina

    SloveniaCzech Republic

    Luxembourg

    NorwayNet eran s

    Source: Main Science and Technology Indicators (MSTI), OECD 2010. Encuesta de Innovacin e I+D 2007

    2008. Divisin de Innovacin, Ministerio de Economa.

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    Startup Genome: World Top StartupEcosystem Ranking

    Startup Genome: World Top StartupEcosystem Ranking

    CHILE: Growing Tech Entrepreneurship Hub

    1 Silicon Valley2 New York City

    3 London

    4 Toronto

    5 Tel Aviv

    6 Los Angeles

    7 Singapore

    8 Sao Paulo

    9 Bangalore

    Source: TechCrunch

    10 Moscow11 Paris

    12 Santiago

    13 Seattle

    14 Madrid

    15 Chicago

    16 Vancouver

    17 Berlin

    18 Boston

    19 Austin

    20 Mumbai

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    Chile:

    Stable and attractive country for living and investing

    In relative terms, Chile has a large pool of highly skilled post

    grads and professionals Innovation & applied R&D key elements of Chilean strategy to

    become a developed country by 2020

    Chile is becoming an Innovation Hub in Latinamerica

    Key Points

    13

    International Centers of Excellence (ICE) in R&D and TechTransfer:

    1st Round 2009-11 attracted 4: Fraunhofer (GER), CSIRO(AUS), INRIA (FRA) and U. Wageningen (NDL)

    2nd Round 2012-13: 6-10 new ICE (institutional andcorporate)

    Between USD8-13m matching grant in 4-8 years(USD1,6-2m per year)

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    International Centers ofExcellence

    Gobierno de Chile | Corfo - Chilean Economic Development Agency

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    Program to Attract International Centers

    of Excellence (ICE) in ChileProgram is designed to facilitate the installation of International Centers

    of Excellence (ICE) in R&D and Tech Transfer in Chile:

    To help the local ecosystem develop science-business interaction, techinnovation capacities and a tech transfer culture

    Establishing and promoting the development of local skills, through the

    hiring of local talent, alliances with Chilean technological and scientific

    researc cen ers, as we as e ean n us r es.

    Focused in generating results, new knowledge and technological

    breakthroughs

    To create and maintain new capacities and infrastructure in applied

    research and tech development

    Grow operations significantly in time!

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    Fraunhoffer-Chile

    R&D being performed for morethan a year, more than 75 peoplecontributing to projects, extrafunding leveraged, signing ofadditional research contract withindustr amon others

    CSIRO-Chile

    Centre launched, staff hired, andstarting R&D activities in Santiagoand Antofagasta. Closed fundingfrom 5 major Mining companies.

    First round A success! 2009-11

    INRIA-Chile

    Has become a Chilean legal entityand was formally launched asCIRIC in June 2012. Introducingnew activities with ALMA(Astronomy)

    Wageningen-Chile.

    Closing new funding with majorfood players. Officially launched inJuly 2012.

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    Program to Attract International Centres ofExcellence 2.0 New Round!

    This 2nd Call will not have ex-ante sector or industry prioritiesin place.

    Proposals tackling high impact areas for Chiles economy (oreven with the potential of creating new industries and leverageregional platforms) will be valued better off

    Proposals may leverage additional regional funds within the

    country Projects should contribute to position Chile as an innovation

    hub within Latam

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    Institutional Track - Funding Model

    Stage 1 Stage 2 Stage 3

    Stage name Set up Operation Consolidation

    Maximum time length 3 years 3 years 2 years

    Average subsidy per year US$ 2 m US$ 1,6 m US$ 1,0 m

    stageUS$ 6,0 m US$ 4,8 m US$ 2,0 m

    % of financial contribution

    of the ICE or ICE Chile

    >50% ofInnova Subsidy

    >87,5% ofInnova Subsidy

    >200% ofInnova Subsidy

    % of non financial

    contribution of ICE, ICE

    Chile, and associates

    >50% ofInnova Subsidy

    >62,5% ofInnova Subsidy

    >100% ofInnova Subsidy

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    Corporate Track - Funding Model

    Stage 1

    Stage name Set up

    Maximum time length 4 years

    ,

    Maximum total subsidy per stage US$ 8,0 m

    % of financial contribution of the

    ICE or ICE Chile

    >200% of InnovaSubsidy

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    Next steps

    Reference terms to be published Aug-Sep 2012

    You will be invited to attend a seminar in Chile with local

    universities and industry (Date TBD, likely Oct-Nov 2012) Understanding of national and regional challenges

    Matching rounds will be organized

    Institutional ICE 2.0 will have roughly 6 months to presentproposals (Feb-Mar 2013)

    Corporate ICE 2.0 will be evaluated on a first come first

    served basis

    Program is expected to support between 6-10 projects (bothinstitutional and corporate)

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