We have been interested in participating ever since SOFOFA Hub began, particularly in the circular economy nuclei and in the activities developed to articulate challenges and connect, integrate and scale technological innovations and solutions.
A new model for a new Chile
Chile has begun a new stage in its development. A stage in which the country is aware of the need for a new model for resilient, sustainable and collaborative growth. It is here that addressing the challenges related to climate change and circular economy becomes decisive for our country’s future. Neither government, companies, nor civil society will be able to find sustainable solutions on their own. We hope to contribute solutions to these challenges, which we have placed at the core of our sustainable business development strategy.
- Alan Garcia, Executive Director
HOW WE WORK
Our work process begins with a shared problem. At SOFOFA Hub we prioritize common challenges, after which we summon companies that wish to jointly address them, and subsequently set up a new project and initiative. With the support of the Inter-American Development Bank, we have designed a model that creates a general framework for prioritizing projects in accordance with economic, environmental, and social variables.
Willingness to collaborate: refers to the industry’s willingness to finance and participate in the project.
Technological Maturity: Assessment of its maturity, from research and development, to production and marketing
Impact Potential: Defines the project’s scope of impact and replicability
Adoption Feasibility: It marks the feasibility of conducting the project, in accordance with its implementation difficulty
Our partners have been pioneers in understanding the collaboration that is required by today’s innovation. Transitioning toward collaborative models requires an internal cultural change, in addition to the rethinking of processes. Collaborative projects have a greater long-term impact, because they provide an opportunity to generate economies of scale and articulate new processes in a holistic manner, as well as due to the commitment generated during the process and its implementation.
We are living in a time of great change and learning, and experience has taught us that the most successful way to move forward —despite transformations— is to be part of ecosystems that bring groups of industries, civil society, institutions and citizens together, all working to tackle a common challenge.
We are here because we want to listen to and learn from others on issues such as productivity, biotechnology, technological development, and because we can also contribute from our limited experience in these areas.
It is encouraging for us to have a space to talk and open our minds, to achieve innovative solutions. Moreover, the chance to connect with the world, and to understand how others have addressed similar challenges is very interesting to us.
The Hub is a way for large companies to learn how to collaborate. In innovation, it is essential to make other methodologies available and to work together with other companies, in order to find common solutions that help us all.
Ambition and the high quality of the ecosystem’s participants, to find common challenges and solutions. It is a source of inspiration and powerful motivation to keep pushing for change.
Manuel José Casanueva
María José Montero
Our projects cover industry’s and society’s diverse issues and concerns, prioritizing those related to circular economy and climate change. During 2020, the pandemic forced us to redirect our efforts towards collaborative work to face COVID-19, evidencing the impact that the private sector’s coordination can have.