Invest Chile

Program

BBG – e-Andes Invest Chile

The program aims to help global services, IT and digital marketing companies to set up and expand commercialization into the emerging latin american markets using Chile as a springboard. Through our local capabilities and programs foreign companies catalyze the process of market penetration, decreasing strategic mistakes and costs of entry.

ABOUT US

BBG is a multidisciplinary consultancy firm based in Chile in the areas of strategic planning, backoffices services, business model design and innovation management.

E-Andes is a digital marketing company based in Chile offering services for latin american and global markets, with strong technical and commercial expertise in digital marketing strategies and digital tools.

GLOBAL SERVICES OPPORTUNITIES IN CHILE AND LATIN AMERICA

Latin america is the fastest growing region in the world in internet users (ref: Comscore 2010), with a population of 600 million and 18 million companies demanding increasingly IT and digital marketing services. The region offers an interesting market potential for global services and digital marketing services providers.

Chile because its high qualified, medium-low cost labor force, excellent IT infrastructure, connectivity and macroeconomic conditions is ranked the 8th worldwide country and the 1st one in latin america to set up operations for global outsourcing and digital marketing services.

With exciting results, the offshore industry has exported over three billion USD since 2008, making this one of the fastest growing industries in the country. By late 2010, over 30.000 workers were employed, in a valuable mixture of cultures, origins and languages. Of the 430 companies exporting services, 129 are foreign and in 2008 these companies had exported over USD 500 million.companies had exported over USD 500 million.

DID YOU KNOW?

Latin america with 600 million people and 18 million companies is the third GDP worldwide, just behind USA and Japan.

TEN REASONS TO INVEST IN CHILE AND EXPAND COMMERCIALIZATION.

1. Average Economic growth 5,43 % annually
2. Country risk classification A+
3. Open economy: 20 trade agreements with 57 countries representing 90 % of the global GDP.
4. A friendly taxation system: Company tax in Chile is only 17% and has double taxation agreement with over 28 countries.
5. Chile is the 30th most competitive economy worldwide and the 1st one in latin america.
6. Transparency: Chile ranks 21 among 178 countries .
7. Economic freedom: Chile ranks 10th among 179 countries.
8. Investment environment: 15th worldwide and 1st in Latinamerica.
9. Qualified professionals and good level of management schools .
10. Government incentives up to US$ 2 million to set up and/or expands operations in Chile.

OUR CAPABILITIES

Through the BBG-e-Andes Invest Chile program your company get access to:

• Strategic advice from the director’s board.
• Offices in the business center of Santiago de Chile.
• Accountability, financial and taxation services.
• Legal services.
• Businesses model design and innovation management units.
• Technical experts and engineers of different specialties.
• A technical and executive team in the areas of Web 2.0 development, IT, digital marketing, email marketing, publicists, multimedia designers and programmers.
• Marketing and digital marketing unit
• Local networks and database with key contacts from Chile and Latinamerica
• Telemarketing, commercial and sales units

OUR METHODOLOGY AND PROGRAMS

Integrating our capabilities, we help you to set up operations and/or expand commercialization in Chile through the following programs:

A. MARKET EXPLORE (2-6 MONTHS):

In this program you get access to our local capabilities, and we can carry out the following services:

• Market research studies

• Business model analysis, adaptations and improvements to operate in the Chilean and/or Latinamerican markets

• Business plan , commercialization plan, marketing and selling plan design

• Technical-economical project evaluation and feasibility analysis

Milestone A: Market potential is determined, a business plan is defined containing resources and timing required to expand operations/commercialization in the region.

B. MARKET ENTRY (3-12 MONTHS):

The studies carryout in the program A, determines the optimal organizational structure, working capital, investments, human resources profiles required, marketing and commercialization plan. In the Market Entry program we start the execution of the business and commercialization plan, generally a board of directors is appointed, a management, operational and sales team (working 8 hour a day , 5 days a week to develop the business locally), supported by our permanent capabilities and networks.

Milestone B: Equilibrium point is achieved

C. MARKET CONQUEST (1-5 years):

An analysis of the Market Entry Program (B) is done and results reviewed. This information is used to develop a Market Conquest Business Plan oriented to generate an exponential growth of the company for the next five years.

Milestone C: Exponential growth is achieved

OTHER SERVICES

Government Grant Raising:

For high tech foreign companies entering into the country with major Investments, we define a 5 years business plan (4-6 months) and we can raise the Invest Chile non-refundable Grants co-financing up to US$ 2 million to set up and expand operations in Latinamerica using Chile as a springboard.

Pre- investment Study: Up to 60% of the pre-investment study cost. Max. US$30.000.

Project launch assistance: Up to US$ 30.000 for start up activities.

On-the-job-training for human resources: Up to 50% of annual salaries. Max US$25.000 per employee hired

Equipment and infrastructure: Up to 40% of the investment on selected equipment infrastructure. Max. US$2.000.000

Long term property leasing: Up to 40% of the long term property leasing costs (5 years) Max. US$500.000

Specialized training and recruitment: Up to 50% of the specialized training or recruitment. Max. US$100.000

Partner matching:

We seek best in class local partners to establish operations in Chile and latin america to generate fast access into the local markets.

Through our programs, the foreign companies get access to local networks, local management experience, cultural knowledge and local capabilities. Our business model operates through a cost-effective flat fee and a percentage of the revenues or profits generated for the company. This cost structure allow to the company enter in the Chilean market decreasing risks and costs in 2-5 times and catalyzing the market penetration process.

OUR PHILOSOPHY is to generate a fast and effective approach with the company´s clients profile in the country as soon as possible. Having achieved the equilibrium point for your company, then we implement an innovation management approach for exponential growth in latin america.