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Support to innovation is the strategic priority for BNDES. The goal is to contribute for the upswing of innovation activities in Brazil and the performance of such activities on a regular basis.
To achieve that, BNDES provides support to all economic sectors seeking to meet the needs of those wishing to innovate, combining several financial
instruments.
Innovative Capital Facility – Focus on the Company
Purpose: Support companies to develop capabilities to undertake innovative activities on a regular basis. This includes investments in tangible capitals, including physical infrastructure, and
intangible capitals (*). Such Investments must be consistent with the companies’ business strategies and be presented as per the Innovation Investment Plan model (PII).
(*) Intangible asset, identifiable without physical substance and used to supply goods and services, provided that: It is controlled by the company and from which future economic benefits are expected for the company – as set forth in the International Accounting Standard 38, 1998.
Operation types: Long-term financing and/or subscription of
securities.
See the Innovative
Capital facility conditions.
Technology Innovation – Focus on Project
Purpose: support technology projects aiming at the development of new or significantly improved products and/or processes (at least for the domestic market) involving technology risk and market opportunities.
Operation types: Long-term financing and/or subscription of securities.
See the Technological
Innovation facility conditions.
FUNTEC Technology Fund
Purpose: support research, development and innovation projects in nationally relevant areas, allowing taking strategic opportunities for Brazil, enabling it to take leading positions. For 2008, BNDES defined the following strategic areas:
• Health (specifically concerning active pharmaceutical ingredients and medicines for neglected diseases; pharmaceutical products developed via state-of-art biotechnology; and support provision to an innovative health care infrastructure, comprising breeders of research animals, pre-clinic and clinic
research);
• Renewable energies;
• Environment (control cars and plants emissions).
For 2008, 15% of Funtec’s funds will be available for investments in areas other than those described
above.
Beneficiaries: Technology Institutes and Supporting Institutions.
Operation types: Non-reimbursable funds.
See the Technological Fund - FUNTEC conditions.
CRIATEC Program
Purpose: Capitalization of seed capital innovative micro and small-sized
companies.
See the CRIATEC Program
conditions.
See also:
Other Innovation support Programs:
• Software Development and Information Technology Services Program - PROSOFT
• Health-Industrial Complex Development Program - PROFARMA
• Brazilian Aeronautic Production Chain Financing - PRO-AERONÁUTICA
• Program for the Support of the Brazilian Digital Television System Implementation - PROTVD
Related articles:
 FINEM
Industrial
Programs
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