Chile

Overview

Chile has a robust and diverse national economy, but its benefits are far from equally distributed. The country has one of the highest levels of income inequality in the world, which leads to social vulnerability. From 1996 to 2006, nearly 30 percent of households were considered poor during some period of time.

TechnoServe is implementing entrepreneurship development projects in Chile with the support of private and public partners. The programs are helping high potential small and growing businesses to increase sales, jobs and wages in the local community.

On The Ground

Projects

 

Building Small Businesses in Concepción

In partnership with the National Service for Technical Cooperation of the Ministry of Economy (SERCOTEC), TechnoServe is implementing a program to support micro and small businesses with growth potential in Chile. The Business Development Center opened its doors in April 2017 and aims support entrepreneurs from Concepción, Chile to implement sustainable business plans and improve their livelihoods. The Development Center provides individual business counseling, general and specialized training, applied and business-related research and connections to financial institutions and the local market ecosystem. For more information visit www.potenciapatagonia.cl.

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Chile
 

Financial Inclusion for Small Business Owners

Impulsa Tu Empresa (ITE) is the first successful financial inclusion intervention for low-income micro business owners in Chile. Funded by Metlife, the project is working to help micro business owners to improve their managerial practices as well as their understanding and adoption of financial services that can help to improve their enterprises and quality of life. Each cohort of the program has shown a 50 percent average increase in sales after 6 months, as well as a more than 40 percent improvement in their savings. Since its launch in 2014, ITE has supported more than 700 micro business owners in Santiago and Valparaíso.

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Chile
 

Increasing Sales for Small and Growing Businesses

The EMERGE program is a collaboration between Anglo American and TechnoServe that is working to accelerate micro and small businesses in communities surrounding Anglo American operations in Chile. Launched in 2006, the program has been operated by Anglo American in alliance with TechnoServe since 2011. The program provides business mentoring, one-on-one advisory support, on-line training, and facilitates access to financing. In 2016 the program began offering the opportunity to be part of the procurement chain for various large companies throughout the country. This program is differentiated by its focus on developing managerial capacities rather than simply providing funding, and tailors offerings according to the needs of each segment, which are based on the size of the business. So far the program has worked with more than 1,300 participants, who have increased sales by a range of 30 percent to more than 100 percent.

Partners

Anglo American
 

Accelerating Business Growth in Patagonia

Potencia Patagonia is a business accelerator that helps entrepreneurs of the Los Lagos, Aysén and Magallanes regions to grow their businesses. The program includes training and advisory service, and provides seed capital through its partnership with the Chilean Economic Development Agency (CORFO) and regional governments. The program aims to accelerate 360 small and growing businesses within 6 yearsFor more information, visit www.potenciapatagonia.cl.

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Chile

Blog Posts

November 13, 2017

Working for a Brighter Future: One Load at a Time

Jessica Vargas started Le Blanc laundry services with a single washer and dryer. Now, her business has more than doubled, providing key services and employment to her community.

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May 19, 2016

Cooking Up Change in Chile

Cesar and Priscilla Díaz have launched a successful catering business in a small town in Chile with the help of the EMERGE program, an Anglo American-TechnoServe collaboration.

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September 29, 2015

Working with the Private Sector to Achieve Sustainable Development

A new report demonstrates how partnerships between TechnoServe and some of the world’s leading companies are creating lasting change.

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Contact

TechnoServe Chile

Huelén 191, office D
Providencia 
Santiago de Chile

Tel: +56 2 237 88 417

Alan Garcia

Country Director
agarcia@tns.org

Resources