The Regional Productive Development Committees (CDPR), supported by Corfo and led by regional governments, have directed more than 175 billion Chilean pesos in public investment toward innovation, entrepreneurship, and productive development between 2022 and 2025. These committees, operating in all regions of Chile, co-financed nearly 4,500 projects through funding lines delegated by Corfo and Sercotec. In 2025 alone, the initiatives reached over 24,000 companies nationwide.
The results were presented by José Miguel Benavente, executive vice president of Corfo, during a meeting of the Association of Regional Governors of Chile (Agorechi) in the Los Lagos region. The total investment includes the budgets from the first three CDPRs established in Antofagasta, Biobío, and Los Ríos in 2015. Since 2023, this model has expanded to cover all regions, leading to sustained annual growth in investment that surpassed 74 billion pesos in 2025. Of this amount, Corfo contributed directly with 32 billion pesos.
Pablo Silva Amaya, governor of O’Higgins and former president of Agorechi, stated: “The results of the Committees demonstrate that decentralization is a concrete public policy that mobilizes resources and generates real impact in territories and people. We have promoted a significant number of initiatives that show when decisions are made from the regions—focused on their productive strengths and gaps—development becomes more relevant and effective. I value this model because it strengthens regional leadership and consolidates collaborative governance to drive growth from the regions where local actors play a leading role.”
The CDPRs are designed to improve how public spending is targeted by allowing investment decisions to be made locally based on each region’s needs and strategies. They are driven by Corfo with coordination from regional governments, the Ministry of Economy, Development and Tourism, as well as participation from Sercotec.
Alejandro Santana, governor of Los Lagos and current president of Agorechi said: “As regional governors we value presiding over the CDPRs in the country. This institutionality has represented progress in economic decentralization because it allows regions to define their own productive priorities with budgets and calls aligned with their development strategies. Today decisions about productive promotion, innovation and entrepreneurship are no longer made exclusively from Santiago but from within territories themselves—listening to our entrepreneurs, SMEs and strategic sectors. That change strengthens regional autonomy and allows us to promote more relevant, competitive and sustainable development for each region of Chile.”
José Miguel Benavente highlighted several advances related to productive decentralization during his presentation. These include establishing a Territorial Development Management office in 2024; launching a permanent platform for territorial data analysis; implementing specific methodologies for lagging or emergency-affected areas; and identifying emblematic strategic initiatives across different regions.
These actions have reinforced the role of Corfo’s Regional Directorates as technical support for the committees while building decentralized institutions capable of bringing together public and private stakeholders around shared visions for territorial development.
Benavente also acknowledged the contribution made by regional governors: “who have taken on leadership roles within these Committees with commitment and strategic vision—consolidating collaborative work that strengthens economic development across each territory.”
The CDPRs include representatives from public entities, private sector organizations, academia, and civil society. Nationally there are 408 council members involved as either full or alternate representatives—a structure intended to ensure broad governance incorporating diverse perspectives into regional investment decisions.
To recognize beneficiary companies’ contributions at local levels through innovation or community impact projects—the CDPRs will award distinctions called “Territorial Productive Impact.” Notable recipients include Productos Artesanales D’Lilis SpA (Coquimbo), IMEKO (Valparaíso), Softserve (Ñuble), Constructora Santa Magdalena (La Araucanía), Magenta Labs (Los Ríos), PER Mejillón de Chile (Los Lagos), Mowi Chile (Aysén), among others who have led high-impact projects within their communities.
