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How U.S. tech companies can find their perfect match in Chile — for free

You won't want to miss this free virtual event. Photo by WestEnd61/Getty

Beginning October 19, American companies can explore opportunities with Chilean products and services, all without hopping on a plane or spending a dime.

Chile Connected, sponsored by ProChile, is a nearly month-long virtual event designed to serve as a "matchmaker" for technology firms as well as creative industries, healthy food providers, and women-led businesses.

If you're wondering "why Chile?" there are some very solid stats to make you look twice at the South American country. Chile is the 29th largest trading partner of the United States, while we are the No. 1 destination for non-copper goods and service exports from Chile.

Chile is also recognized as the most advanced IT market in Latin America, with a performance that's superior to Argentina, Brazil, Colombia, and Peru. The IT sector there represents 3.4 percent of its national GDP.

Chile has had a long and prosperous history of trade with the U.S., particularly in the 16 years since the implementation of the TLC agreement. This treaty has allowed trade to increase over 220 percent between both countries over this time period.

So now that Chile's got your attention, mark your calendar for October 27-29, when the tech and innovation panel will welcome high-level experts and keynote speakers from both markets in the areas of HealthTech, EdTech, FinTech, and RetailTech.

A study done by the Ministry of Sciences in March 2020 indicates that 13 percent of Chilean startup companies with a scientific and technological base are related to the area of health.

If you're specifically looking for companies that specialize in biotech or biomedicine, digital (AI, deep/machine learning, IOT, and big data) technologies, or a combination of these, this would be the event to find them.

Fifty-three percent of Chilean companies like these have stated they need a joint venture in order to explore other markets, and the recent success of companies like GenoSUR and Levita have proven the market is ready for partnerships (you'll hear from top-tier leaders at both during the panel).

Chilean RetailTech providers have demonstrated to be a generation of highly sophisticated and specialized tech service providers, while their FinTech specialists aim to satisfy the needs of this demanding segment within the U.S. market.

Register for your free spot here, and gear up to find your next great international tech match.

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The Texas Medical Center visited the Netherlands to secure a deal that creates a BioBridge to the country and Houston. Photo courtesy of TMC

The Texas Medical Center may be based in Houston, but the organization has again grown its global impact.

Since 2016, TMC’s BioBridges have worked with 88 startup companies. Those include strategic alliances with four other countries. Australia, the United Kingdom, Denmark and Ireland are all among TMC’s BioBridges partners. As of today, add the Netherlands to that list.

On September 27, TMC president and CEO, William F. McKeon, and Carmen van Vilsteren, chair of Health~Holland, Top Sector Life Sciences & Health (LSH), signed an agreement in Rotterdam. The TMC Netherlands BioBridge Memorandum of Understanding codifies the innovative goals of the partnership. Essentially, the BioBridge program provides a means for entrepreneurs, researchers, clinicians and industry partners from other countries to access the US market, as well as TMC experts.

“The TMC Netherlands BioBridge represents an unparalleled opportunity for collaboration and growth,” Ashley McPhail, chief external affairs & administration officer at Texas Medical Center said in a press release. “The Netherlands has solidified its position as a global leader in the field of life sciences and health, with a thriving ecosystem of research institutions, innovative companies, and highly skilled professionals. This strategic partnership will bring positive benefits to patients, clinicians and industry partners on a global scale.”

This lifeline for international healthcare companies makes expansion into the United States far smoother. The Global Innovators Launch Pad allows for startup founders to take part in a 10-week residency at the TMC Innovation Factory that will teach them about foundational infrastructure, clinical evidence and funding in the US.

“Since Texas is an important hub for innovation in the MedTech and digital health sectors, the collaboration with Texas Medical Center creates opportunities for Dutch companies looking to expand their international reach. Vice versa, it gives companies in Texas access to the vibrant Dutch Life Sciences & Health sector,” said van Vilsteren.

That exchange includes members of the TMC gaining the opportunity to participate in the Health~Holland Visitors Programme (HVP), “Shaping the Healthcare of the Future.”

The annual event invites high-level representatives from the private sector, NGOs, knowledge institutions, healthcare providers and different tiers of government to share their expertise.

It's the fifth partnership of its kind for TMC, with the last one being with Ireland, announced last year. TMC's other global initiatives include accelerators with Denmark and the United Kingdom, both announced earlier this year.

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