Cambridge Connection Santiago, March 2014
Cambridge Capital Group leads trade delegation to Chile, to explore partnerships and investments between Europe’s top hi-tech cluster and the growing technology markets of South America’s most developed country…
PitchFest at the Prince of Wales Country Club, March 2014
In partnership with CCG International member, Zentynel, a Chilean biotech investment and consultancy business, other international members of Cambridge Capital Group attended a series of events in the second week of March.
The trip was supported by UKTI and a range of high profile Chilean sponsors including Fundacion Chile, the Cambridge Society of Chile, Fraunhofer Chile, Carey (Chile’s leading law international law firm) and Chile Global Angels.
Cambridge early-stage companies that pitched at the Pitch Fest held at the Prince of Wales Country Club were Pneumacare, Ionscope and Knowledge Transmission (a portfolio company already selling into South America), as well as Cambridge capital Group itself and eight local hi-tech start-ups.
Receptions were hosted by the UKTI and Carey law firm. CCG International investors also visited Harting Group, a private chemical business diversifying into Omega 3 and anti-cholesterol nutraceuticals.
Today Chile is one of South America’s most stable and prosperous nations. It leads Latin American nations in human development, competitiveness, income per capita, globalization, state of peace,economic freedom, and low perception of corruption. It also ranks high regionally in sustainability of the state, and democratic development. In May 2010, Chile became the first South American nation to join the Organisation for Economic Co-operation and Development. Chile is a founding member of theUnited Nations, the Union of South American Nationsand the Community of Latin American and Caribbean States. Since July 2013, Chile is considered by the World Bankas a “high-income economy“, and hence as a developed country.