Corfo, the Chilean Economic Development Agency, seeks to promote entrepreneurship and innovation in order to improve Chile's productivity and to help the country to become a global leader in competitiveness.

In 2000, Corfo created the InvestChile program to encourage foreign investment.

InvestChile by Corfo aims to strengthen the growth capacities of the Chilean economy and diversify both the production and export base through the promotion and attraction of high impact investment.

It offers services and incentives to domestic and foreign investors in order to facilitate the evaluation, installation, and materialization of investments in Chile. The focus of InvestChile is mainly to assist companies looking to locate in Chile. McAfee, Oracle, WorleyParsons, and Jazzplat are among the international companies which have already chosen to establish operations here.

InvestChile is represented abroad in the United States, Spain, Italy, Denmark, Finland, Norway, Sweden, India, and China.