Peru invests over 100 million soles to boost regional innovation

The Ministry of Production (Produce) concluded a meeting in Iquitos to strengthen regional innovation ecosystems across 13 Peruvian regions.

The event, organized by the ProInnóvate program, gathered more than 150 innovation managers, including business leaders, government officials, academic representatives, and civil society members to review regional progress and challenges. The initiative covers regions including Amazonas, Arequipa, Cajamarca, Cusco, Huancavelica, Huánuco, Ica, La Libertad, Loreto, Madre de Dios, Piura, San Martín, and Tacna.

Participants attended conferences led by international experts and discussed institutional cooperation with agencies like Prociencia and the German Cooperation implemented by the GIZ. These talks focused on how to better align different sectors to drive territorial productive development. Sergio Rodríguez Soria, the executive director of ProInnóvate, identified three priorities for the regions: measuring results with objective indicators, seeking new funding sources from the private sector and regional governments, and making regional initiatives more visible to the public.

Over the last eight years, the DER InnovaSuyu competition has mobilized more than 100 million soles in public and private contributions to support these efforts. Participants also conducted technical visits to local companies and production centers in Loreto. These visits showcased how innovation and the coordination between local actors contribute to the productive development of the territory through the support of the Instituto Tecnológico de la Producción.