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Global Trade Alert

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Brazil: FINEP and BRDE support innovation projects for SMEs in the telecommunication, IoT, and cybersecurity sectors

Description

On 26 July 2023, the Brazilian Company of Innovation and Research (FINEP in Portuguese) and the Banco Regional do Extremo Sul (BRDE) signed a BRL 1 billion (USD 211.1 million) agreement. The stated ob...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Jul 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Sectors

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Affected Products

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