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Global Trade Alert

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Brazil: FINEP allocates circa USD 32 millions to biothechnological company

Description

On 19 September 2013, the Brazilian Company of Innovation and Research (FINEP) announced the approval of a loan of BRL 70.4 million (USD 31.9 million) allocated to Biomm S.A., a Brazilian-based compan...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Sep 2013

Revocation date

19 Sep 2019

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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