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Fund for the Technological Development of Telecommunications - FUNTTEL
» Purpose

Stimulate the technological innovation process, encourage the qualification of human resources, support job generation and promote access of small and medium companies to capital resources, in a way to increase the competitiveness of the Brazilian telecommunications industry.



» Clients

In the operations in the form of refundable financing and venture capital: Brazilian companies, with administrative headquarters in the country.

In the support with non-refundable resources: cooperative projects between universities or research institutions and companies. 

NOTE: Projects to be financed with FUNTTEL funds should be presented to the Fund's Management Board.



» Interest Rate (in refundable operations)

TR + Risk Commission between 1% to 4% p.a.



» Maturity

Up to 102 months, including a grace period of up to 30 months.



» Share Level (with regards to the value of the project)

refundable resources: up to 80%;

non-refundable resources: up to 80%, when done in partnership with small and medium companies, and up to 50%, when done in partnership with large companies



» Collaterals

In the case of operations with direct financing from the BNDES, defined in the analysis of the operation.



» Addressing

For financing operations, present the requested information and documentation to the: 

Banco Nacional de Desenvolvimento Econômico e Social - BNDES
Área de Planejamento-AP
Departamento de Prioridades-DEPRI
Av. República do Chile, 100 - Protocolo - Térreo
20031-917 - Rio de Janeiro, RJ




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