Organization · Grant Maker
CORFO | Chilean Economic Development Agency
CORFO is the Chilean Economic Development Agency, established in 1939 to promote economic growth and competitiveness in Chile through investment, innovation, and entrepreneurship support.
Overview
What CORFO | Chilean Economic Development Agency does
What CORFO | Chilean Economic Development Agency is
CORFO is the Chilean Economic Development Agency, established in 1939 to promote economic growth and competitiveness in Chile through investment, innovation, and entrepreneurship support.
How it participates in the startup ecosystem
The current public profile supports grantor capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Grant Maker
- Founded
- Founded in 1939
- Approximate age
- About 87 years
- Structured capabilities
- Grantor
- Last reviewed
- April 10, 2026
Official channels
Find CORFO | Chilean Economic Development Agency elsewhere
Open the official website or a supported primary organization account.
Capability profile
CORFO | Chilean Economic Development Agency as a grantor
Grant thesis
CORFO promotes economic growth and development in Chile by fostering innovation, entrepreneurship, and competitiveness. It aims to diversify the economy and enhance productivity through various support programs.
Focus narrative
CORFO invests in technology, innovation, and entrepreneurship, providing funding, training, and support for small and medium-sized enterprises (SMEs). The agency emphasizes sustainable development and aims to enhance the competitiveness of the Chilean economy.
Value and support
Beyond funding, CORFO offers training, resources, and connections within the innovation ecosystem to enhance the capabilities of businesses and entrepreneurs.
Grant economics
- Dilutive
- No
- Nonprofit only
- No
Eligibility and fit
- Stages
- Pre-seed · Seed
- Audience
- Founders
- Inclusion focus
- women-founded
- Regions
- Ch · Latam
Process and recipient context
Application process
CORFO operates various programs to support businesses, including Startup Chile for early-stage startups and other initiatives that connect the innovation ecosystem. Interested parties can find more information and apply through CORFO's website.
Recipient context
Notable initiatives include Startup Chile, which supports early-stage startups, and Venture Capital Chile, promoting investment in innovative ventures.
Common questions
What to know about CORFO | Chilean Economic Development Agency
Upseed classifies CORFO | Chilean Economic Development Agency under the Grant Maker organization type. Its current public profile includes grantor capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
April 10, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.