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Global Trade Alert

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Brazil: FINEP provides USD 20 million to local IT company

Description

On 2 June 2015, the Brazilian Company of Innovation and Research (FINEP) announced the approval of BRL 68.8 million (USD 20 million) loan allocated to the local IT developer, manufacturer, and seller ...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

02 Jun 2015

Revocation date

02 Jun 2018

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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