Global Trade Alert
Global Trade Alert

Brazil: FINEP provides USD 19.75 million to local IT company

Announcement

31 Jul 2014

The Brazilian government-funded Company of Innovation and Research (FINEP) approved a loan of circa BRL 44.9 million to Locaweb Serviços de Internet S.A.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 Jul 2014

Revocation date:

31 Jan 2017

Updated: 31 Jul 2014
State loan

On 31 July 2014, the Brazilian Company of Innovation and Research (FINEP) announced the approval of a loan of circa BRL 44.9 million (USD 19.75 million at the time of the measure) allocated to...

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