Opinion column written by Manuela Caruz, Director of International Networks of the Eurochile Business Foundation.

The Eurochile Business Foundation as a business bridge between Chile and Europe, through the EEN network and other multiple European networks, has consolidated the role of knowing first hand the challenges and strategies that are being managed in Europe and that can be replicated and transferred to SMEs and institutions in Chile.

Since 2008, the Eurochile Business Foundation has been part of the Enterprise Europe Network (EEN), a tool that supports business cooperation, aligned with Eurochile’s mission to create, promote and consolidate economic, commercial and technological links between Chilean small and medium-sized enterprises (SMEs) and institutions, with those of the nations that make up the European Union – both public and private – as a facilitator in the process of internationalisation of SMEs.

Through the EEN network, it is possible to identify and create spaces for cooperation, as well as to foster and promote relations with both national and European companies. Today, the EEN network is not only limited to internationalisation; it also offers advisory services in export, international trade, intellectual property, training, among others, covering the whole spectrum of research, innovation and technological development. Companies benefit from a customised action plan through the elaboration of technology and/or commercial profiles. They are provided with exchange opportunities with European partners, and are followed up on any expressions of interest shown by other clients, in addition to networking events.

Today’s economic environment is increasingly dynamic, digital and global, which is why SMEs are forced to perform in a highly competitive context, where success not only depends on high productivity and efficiency, but also entrepreneurs must have the skills, knowledge and connections to ensure the successful internationalisation of a business.

Businesses have found ways to make connections, reach out and foster relationships in order to create spaces for cooperation. Technologies have become a fundamental tool to facilitate connection, rapprochement, work and study. In the face of economic and social impacts, these technologies have been opportunities to improve strategies, management and work processes.

In this context, meetings, business rounds and virtual distance activities have brought Chilean and European companies closer together in a more direct way, opening up a series of opportunities for cooperation and internationalisation that were previously slower and more difficult.