Global Trade Alert
Global Trade Alert

Brazil: BRL 60 billion innovation programme under new industrial policy

Announcement

31 Aug 2023

In August 2023, the National Bank for Economic and Social Development (BNDES in Portuguese) and the Brazilian Company of Innovation and Research (FINEP in Portuguese) launched a new innovation programme in line with the new Brazilian industrial policy (see related state act). The programme will allocate loans and financial grants worth BRL 40 billion and BRL 20 billion, respectively.

 

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 Aug 2023

Revocation date:

31 Dec 2026

Announced: 31 Aug 2023
Financial grant In force
On 31 August 2023, the National Bank for Economic and Social Development (BNDES in Portuguese) and the Brazilian Company of Innovation and Research (FINEP in Portuguese) launched a new innovation prog...
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Announced: 31 Aug 2023
State loan In force
On 31 August 2023, the National Bank for Economic and Social Development (BNDES in Portuguese) and the Brazilian Company of Innovation and Research (FINEP in Portuguese) launched a new innovation prog...
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