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Items that are financeable, of conditional support and ineligible for support

Financeable projects and endeavors

Implantation, amplification, recovery and modernization;  

Innovation and technological development;

Production, trade, import and export of goods and services; 

Internationalization of domestic capital companies (provided that associated to promotion of Brazilian exports);  

Sectorial/Corporate restructure (always through mechanisms of capital market, except in the projects of auto-managing companies); 

Investments in urban and social infrastructure;  

Companies' social investments;

Endeavors related to the pig iron manufacturing sector, subject to timber and coal used as energetic and raw material in the companies' production process, come from reforestation (evidenced through a Custody Chain Certificate); and

Endeavors in the sectors of radio broadcasting, newspapers and periodicals, means of communication and publicity in general, only through indirect and non-automatic operations.



Items that are financeable

General

Civil works, assembly and installations;

New machinery and equipment, including industrial groups and systems produced in Brazil and contained in BNDES Accrediting for Computerized Manufacturers [CFI], presenting a nationalization index, in value, equal or over 60% (sixty per cent), or fulfilling the Basic Productive Process [PPB]; 

Used machinery and equipment, domestically manufactured, only to micro enterprises;

Furniture and fixture, not separately;

Import of machines and new equipment, without national similarity, only for companies of the industrial sector (Sections “B” and “C” of the CNAE 2.0 of the IBGE);

Expenses arising from nationalization of imported equipment, provided that do not imply in remittance of foreign currencies, even in case the import is not financed by BNDES;

Expenditures with engineering studies and projects related to the investment;

Expenditures with: Quality and Productivity, Research and Development, Technical and Managerial Qualification, Technological Updating and Information Technology;

Pre-operating expenses; 

Expenditures with the trading of new products and services; 

Expenditures with personnel training;

Reformation of large equipment and installations, which aim at modernizing or increasing the productive capacity;

Investments in urban and social infrastructure; and

Working capital associated to the fixed investment.



Book Publishing Sector (items 58115/00 and 58212/00 of National Classification of Economic Activities [CNAE] 2.0 Fiscal of the Brazilian Institute of Geography and Statistics [IBGE], except for the publishing of abridgements) 

Publishing plans of, at least, five (05) works of technical and cultural content, with a minimum printing, per work, of three thousand (3,000) issues: investments in the acquisition of copyrights (except for foreign authors), translation, technical revision, preparation of trial versions and final review of books and other special versions in other vehicles (works in Braille, audio books, CD-ROM, etc.), involving the production and commercialization of editions for the domestic and export markets. 



Non Financeable Items

Acquisition of land and other real estate properties;

Costs and expenses with current maintenance;

Transfer of assets, except in special cases of productive activities reactivation projects; 

Acquisition of foreign-manufactured software, except when associated to projects for technological development and innovation or adaptation (customization/tropicalization) carried out in Brazil; 

Actions and social projects contemplated with fiscal incentives; 

Any expenditures that imply in value remittance, including franchise tax paid in the exterior;

Acquisition of new machines and equipment, considered the industrial and systems sets, produced in the country, not accredited in BNDES;

Items isolated that do not constitute an investment project; 

Acquisition of animals for resale; 

Any investments or expenses of any nature, including the concession of the BNDES Card, in the sectors: 
- Real estate, such as residential buildings, commercial buildings for resale, commercial buildings for office rentals, time-sharing, residence hotels and land developments;  
- Gun trade in the country; 
- Financial/ banking activities, except in the case of Microcredit; 
- Motels, sauna and thermal pools; 
- Endeavors in the mining sector that incorporate the process of rudimentary mine working or panning; and
- Endeavors related to gambling and similar activities. 

The support to import of the following items will not be eligible: 
- Movable equipment destined to transportation of any nature, including load moving, construction, paving and farming transportations, including chassis and waggons; 
- Banking automation equipment; 
- Working capital associated to installation of imported equipment; and 
- Equipment and machines already introduced in the country. 

NOTE: Real estate acquisition may, at BNDES' discretion, be considered a financeable item, provided that it is directed to a social project the community.



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