This content was created by GHION.AI . This content was uploaded by GHION.AI . This is a YouTube video titled "Juan Andrés Fontaine: The Innovation Hub of South America" created on November 29, 2010. It features a discussion led by Juan Andrés Fontaine about Chile's global economic orientation and efforts to become an innovation hub by fostering entrepreneurship and connecting with global innovation centers like Silicon Valley.
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Chilean companies have become very globally oriented. Among our main exporters, we have top of the world exporters in copper, in salmon, in wine, in wood pulp, and we have some other companies that have become sort of leaders in this so called multi.
Latins that are.
Investing in many Latin American countries, in retail, in airline and other sectors. We have this new company starting, but we think we need to accelerate this process. That's a 6% growth that would take us by the end of the decade to become a developed country.
And to accelerate that growth, what we.
Need is to.
Foster innovation and entrepreneurship.
And that's what we are setting a.
Number of policies that go in that direction that would basically try to get Chile to be the innovation hub of South America by interconnecting us with the innovation centers of the world and of course the most important of all, Silicon Valley.
That's why we have there underlined that connection.
We're doing a number of things to actually get to this result.
One of them I can answer in the specific questions, other subjects.
But what we are doing is this.
Startup program that's going to connect Chile.
With California, which is in the line of actually exploiting this long history of interconnection between Chile and California, which as.
You know, are very similar in terms of landscape as you have more or less the same kind of deserts, the same kind of vineyards, the same kind of coastline.
They're amazingly similar. So our aim is to replicate the similarity in terms of landscape now, in terms of economics and innovation.
And who knows, perhaps 30 or 50.
Years from now, Chile is going to.
Be as California is today, with the help of innovators.
And we are going to try to bring those innovations to Chile.
To do that, we have this Startup.
Chile program in which we are attracting.
Young, talented.
Entrepreneurs, probably after finishing or.
Graduating here or in other universities of.
The world, to go to Chile to.
Do the early stages of their innovation in Chile.
And we are facilitating the process, granting some money for a six month period.
And other facilities in order for them to settle there.
Why to do that?
Because we think that in order to, to get this innovation culture going in Chile, we need to create a critical mass of people doing this and to.
Have these strong connections with the innovation centers of the world. So you are all invited to apply to this program when you finish your studies and thank you for your patience.