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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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Building Houston

 
 

Re:3D is one of two Houston companies to be recognized by the SBA's technology awards. Photo courtesy of re:3D

A couple of Houston startups have something to celebrate. The United States Small Business Administration announced the winners of its Tibbetts Award, which honors small businesses that are at the forefront of technology, and two Houston startups have made the list.

Re:3D, a sustainable 3D printer company, and Raptamer Discovery Group, a biotech company that's focused on therapeutic solutions, were Houston's two representatives in the Tibbetts Award, named after Roland Tibbetts, the founder of the SBIR Program.

"I am incredibly proud that Houston's technology ecosystem cultivates innovative businesses such as re:3D and Raptamer. It is with great honor and privilege that we recognize their accomplishments, and continue to support their efforts," says Tim Jeffcoat, district director of the SBA Houston District Office, in a press release.

Re:3D, which was founded in 2013 by NASA contractors Samantha Snabes and Matthew Fiedler to tackle to challenge of larger scale 3D printing, is no stranger to awards. The company's printer, the GigaBot 3D, recently was recognized as the Company of the Year for 2020 by the Consumer Technology Association. Re:3D also recently completed The Ion Smart and Resilient Cities Accelerator this year, which has really set the 20-person team with offices in Clear Lake and Puerto Rico up for new opportunities in sustainability.

"We're keen to start to explore strategic pilots and partnerships with groups thinking about close-loop economies and sustainable manufacturing," Snabes recently told InnovationMap on the Houston Innovators Podcast.

Raptamer's unique technology is making moves in the biotech industry. The company has created a process that makes high-quality DNA Molecules, called Raptamers™, that can target small molecules, proteins, and whole cells to be used as therapeutic, diagnostic, or research agents. Raptamer is in the portfolio of Houston-based Fannin Innovation Studio, which also won a Tibbetts Award that Fannin Innovation Studio in 2016.

"We are excited by the research and clinical utility of the Raptamer technology, and its broad application across therapeutics and diagnostics including biomarker discovery in several diseases, for which we currently have an SBIR grant," says Dr. Atul Varadhachary, managing partner at Fannin Innovation Studio.

This year, 38 companies were honored online with Tibbetts Awards. Since its inception in 1982, the awards have recognized over 170,000 honorees, according to the release, with over $50 billion in funding to small businesses through the 11 participating federal agencies.

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