From inside the 2020, CoCrea received 522 systems, at which 339 have been approved getting taxation added bonus and listed on the newest CoCrea website (CoCrea, 2020) . In identical year, cultural studies, live audio and musical-artwork development programs had been extremely popular groups recognized, when you’re thirty-six%, 12% and you may 10% off programs correspondingly were concentrated for the Colombia’s most populated nations, Bogota DC, Antioquia together with Valle del Cauca. Inside , Colombia’s Minister out-of People announced you to a total of 69 people had been given CoCrea’s tax different licenses to have investing the brand new imaginative benefit, promoting more than Cop 17 000 million inside investment toward nation’s creative cost savings (CoCrea, 2022) . Considering OECD community interview, CoCrea might have been such as for example successful within associated CoCreemos projects, whom make the most of pre-built individual connections, otherwise via candidates with high number of enterprise conception capacity. Those individuals methods devoid of pre-laid out buyers or reasonable potential meet pressures discover financing through the latest checklist procedure. CoCrea has had tips so you’re able to praise candidate methods, for example through meetings with prospective people, marketing and advertising events and you may guidelines with regards to site, webinars and you can conferences, no matter if challenges stays so you’re able to link applicant capability differences (CoCrea, 2020) .

CoCrea was understanding from its basic call for strategies to increase new impact of their services in imaginative economy environment. When you look at the 2020, CoCrea drew detailed attention out of imaginative attempts seeking CoCrea’s taxation deduction certification. Investment applications, however, as well as shown projects require many other need, in terms of financing and you may business capability. CoCrea might not have the internal ability otherwise objective to provide designed capability strengthening help every one of these plans instead of built investment capital people. As a result, there can be an opportunity to book people actors demanding deeper guidance to help you companies having capabilities-building results, like SENA, local governing bodies, universities otherwise entrepreneurship providers. CoCrea is delivering methods to change their software techniques to possess PAI ideas to help you a “portfolio system” in which a team of best applicants found customized ability strengthening help, when you’re a wide set of acknowledged programs located CoCrea’s network support.

CoCrea encountered assortment in its candidate pond. The brand new higher level away from apps inside CoCrea is actually a sign of coverage use, even though the highest show away from PAIs – 303 systems, otherwise 89% of your own full – plus suggest CoCrea’s part given that a market mediator is actually met with you desire. The help of its mediator role, CoCrea helps consumption of the money taxation deduction means, reducing the prospective difficulty of employing a financial investment income tax software individually. Inside Chile, an identical looks, new Committee out-of Cultural Donations, performs the same role since a job evaluator to have taxation bonuses offered included in Chile’s Social Donations Legislation. Predicated on blogged 2020 figures, 72% out-of ideas in this CoCrea was basically from the enterprises related to the brand new arts and society, while on 14% and you may twelve% correspondingly into cultural and creative/the fresh media markets, and additionally discussing sectoral specialisation off ideas to core visual and you can social businesses (CoCrea, 2020) .

Inside 2022, CoCrea’s people is able to make the most of investment away from Foncultura (Republic off Colombia, 2020)

Large candidate diversity might be a problem to own CoCrea employees inside the face various application need. High applicant range plus merchandise pressures to be certain those with smaller strength and you will individual attraction prospective can always take advantage of the chance to view indirect money options.

Considering their 2020 yearly statement a fantastic read, CoCrea held a number of network situations to help connect ideas with traders from inside the 2020, eg 38 group meetings that have high businesses, and you will 31 reveal situations

CoCrea is also somewhat expanding its character because of the resources it is wearing out of a COVID-19 imaginative discount reactivation finance. Foncultura’s wider expectations, between R&D, social tourism, system and cultural manufacturing, will most likely somewhat support CoCrea’s capability to assist those people plans demanding lead backlinks that have financial support. Credit lines are now being setup which have Foncultura to help with specific kinds off writers and singers, like including a more powerful territorial attract so you can CoCrea’s circumstances. Highlighting an increasing focus on set-established policy, CoCrea is actually carrying suggestions classes with the its products when you look at the secluded section out-of Colombia, eg Casanare, regarding nation’s eastern, in which it’s got removed appeal out of possible investors to invest in an effective number of quicker or average systems.