At the same time, the support provided by the corporate holding was reinforced in the merged institution, including the functions of corporate management, human resources, strategic development, new businesses, enterprises and investments. The new businesses unit includes an incubator for innovative undertakings, which arise within the Fundaci贸n itself or from external sources. This initiative complements the formation of a greater number of innovative undertakings, which in the past was performed as well by funding from seed/risk capital that Fundaci贸n Chile has been administering since 1995 (Chiletec and regional businesses). One of Fundaci贸n Chile's biggest recent achievements has been the incorporation of BHP Billiton, Escondida Mining as a co-founding partner. As a result of this both the mining company as well as the Chilean Government made important contributions to the institution's endowment.
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