We are a team that seeks to foster a collaborative business culture to promote sustainable business development. Our role is to articulate different talents coming from universities, research centers, entrepreneurs, as well as stakeholders from the public and private world, to jointly address industry’s and the country’s main challenges.
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.
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
Economic opportunity
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.
For Molymet, innovation is an ongoing quest for new ways of doing things to deliver greater value to all our stakeholders. But what does that mean? It means we are capable of rethinking our processes and practices to enhance them or completely transform them if necessary. Above all, it means we innovate inspired by our purpose, with the aim of creating a real and positive impact.
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.
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.
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.
Industrial symbiosis for circular economy
Circular Economy Committee for Mining
Collaborative Solutions to Water Scarcity
