CHILE Nearshore Alternative for Information Technology Services August 2008 Chilean Economic...
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Transcript of CHILE Nearshore Alternative for Information Technology Services August 2008 Chilean Economic...
CHILECHILE Nearshore Alternative for Information Technology Services
August 2008 Chilean Economic Development Agency - CORFO
HUMAN CAPITAL IN HUMAN CAPITAL IN CHILECHILE
OVER 60 UNIVERSITIES
109 TECHNICAL CENTERS
48 Professional Institutes
21 MBA Programs
SMALL BUT HIGHLY EDUCATED COUNTRY
Source: Ministry of Education (www.mineduc.cl) 2007, National Statistics Institute (www.ine.cl) 2007
Total Population: 16.3 million
Total Workforce: 6.6 million
Workforce in Santiago: 3.1 million
Educational Coverage:
Primary: 98.6%
Secondary: 90%
Higher: 31.4%
HIGHER EDUCATION ENROLLMENT (2007)
Source: CORFO figures & Ministry of Education (www.mineduc.cl)
AREAENROLLM
ENTTechnology 162,760
Education 109,661
Health 100,223
Social Sciences 74,843
Commerce and Administration
128,654
Law 63,250
Arts and Architecture 48,519
Agriculture and Fishing
34,780
Basic Sciences 17,580
Humanities 13,272
Total 753,542
GRADUATES BY CAREERS (2007)
Source: Mineduc www.mineduc.cl 2008, Higher Education Council of (www.cse.cl)
TECHNOLOGY AREAS
COLLEGE DEGREE
2 TO 4 YRS
UNIVERSITY DEGREE+ 5 YRS
TOTAL
Computer Science
3,151 2,940 6,091
Electronic/Electrical
1,261 2,531 3,792
Civil/ Industrial Engineers
1,730 2,296 4,026
Mining, Chemical, Mechanical
2,350 891 3,241
TOTAL 8,492 8,658 17,150
Source: America Economía Magazine (www.americaeconomia.com), 2006
THE BEST BUSINESS SCHOOLS IN LATIN AMERICA
RANKING SCHOOL COUNTRY
1st INCAE Costa Rica
2nd Universidad Católica de Chile Chile
3rd Universidad Adolfo Ibáñez Chile
4th Egade (Tec de Monterrey, Campus Monterrey) Mexico
4th ITAM (Instituto Tecnológico Autónomo de Mexico) Mexico
6th Universidad de Chile (Graduate School of Business and Economics)
Chile
7th IAE (Instituto de Altos Estudios Empresariales) Argentina
8th Universidad de Chile – (Industrial Engineering) Chile
9th Coppead – UFRJ Brazil
10th Fundação Instituto de Administração Brazil
MANAGERIAL SKILLS
CORFO created a National Register for English speakers certified with the TOEIC test. Total: 37,000 people registered nationwide
Profile:- 70% university students and technicians under 30 years old- 39% related to engineering, IT and business careers
In 2008, CORFO will sponsor 3,000 scholarships for IT engineers to improve English capacities.
REDUCING THE ENGLISH GAP
CORFO´s register and training programs are available for foreign companies looking for local
talent
SUPPORT SERVICES
CORFO - THE CHILEAN ECONOMIC DEVELOPMENT AGENCY CORFO, founded in 1939, is a government organization committed with the economic development of Chile, through the promotion of inward investment and the support of competitiveness for domestic companies.
GOVERNMENT SUPPORT
INVEST CHILELaunched in 2000 with the purpose of attracting technology-intensive foreign investment and assisting companies interested in establishing permanent operations in Chile.
Information services Support during the different stages of project
implementation Access to business networks and public agencies Investment incentives
FOSTERING INNOVATION THROUGH NEW POLICIES IS A GOVERNMENT PRIORITYTHE MINING ROYALTY LAW: aimed to increase the national budget for science, technology and innovation from 0.7% to 1.5% of GDP by 2010.
THE NATIONAL COUNCIL FOR INNOVATION: in charge of designing the national strategy of innovation for competitiveness, with a timeframe of 12 years and evaluations every 4 years. It created the nationwide 8 cluster framework.
35% TAX CREDIT FOR R&D: for the adoption and generation of technologies in conjunction with universities and research centers.
NEW VERSION OF THE DIGITAL AGENDA: Established 10 years ago between the public and private sector, includes: internet access & broadband, education & training, e-government, industry development and legal framework.
BIOTECHNOLOGY AGENDA: Developed 3 years ago between the public and private sector, it includes: entrepreneurship, training of human resources, modernization of regulatory framework and development of public institutions.
The Global Services Cluster has been created to turn Chile into the near-shore platform of choice for BPO, KPO and ITO. A Private & Public Partnership has been created for this purpose, that includes Government agencies, business associations, academia and foreign companies.
CHILE´S STRATEGY TO DEVELOP THE GLOBAL SERVICES INDUSTRY
Basic Application RequirementsForeign companyHigh value project / High tech projectOver US$ 500.000 investment (except alliance among institutes of technology)Apply before location decision making.
INVEST CHILE GRANTS
PRE-INVESTMENT
STUDY
PROJECT LAUNCH
ASSISTANCE
ON-THE-JOB TRAINING FOR
HUMAN RESOURCES
EQUIPMENT &INFRASTRUTU
RE
LONG TERM PROPERTY LEASING
SPECIALIZED TRAINING &
RECRUITMENT
Up to 60% of the pre-
investment study cost.
Maximum=USD 30,000
Up to USD
30,000 for start-up
activities
Up to 50% of annual
salaries. Maximum= USD 25,000
per employee hired
Up to 40% of investment on
equipments and
infrastructure. Maximum=USD 2.000.000
Up to 40% of long-term
property leasing costs (5 years). Maximum=USD
500.000
Up to 50% of the
specialized training or
recruitment. Maximum=USD 100.000
ENTREPRENEURIAL
INNOVATION
4 funding lines from USD
100,000- 6M
Private profit oriented R&D for process/product
development (prototypes, design,
pilots)
INNOVATION FUND & CORFO PROVIDE MATCHING GRANTS FOR R&D
TECHNOLOGY TRANSFER
CONSORTIA DEVELOPMENT
Up to 70% or USD 400,000
Up to 50% or USD1M
Partner prospect in Chile and
abroad, business plan formulation,
patenting, internships
Public interest and pre
competitive innovation
SUCCESS SUCCESS STORIESSTORIES
BACK OFFICE CONTACT CENTERSHARED SERVICE
& IT CENTERKNOWLEDGE
CENTERTECH DEVELOPMENT
CENTER
Hosting, data center,
database mgmt,
transactional processes
Customer care,
telesales, telemarketing, technical
support
International services,
both shared and
centralized business
processes
Professional services,
research & analysis
Labs, product design &
development, new
technology research
Valu
e
Low impact & complexity High impact & complexity
10
A RECORD OF SUCCESS AS AN OFF-SHORE BASE
Thank you!
www.hightechchile.comwww.corfo.cl