» PROFARMA - Production


» Purposes

Support the investments of companies from the Industrial Health Complex in favor of construction, expansion and modernization of the productive capacity.

Support the investments of the Industrial Health Complex in favor of the adaptation to requirements of the national regulatory body, the National Sanitary Surveillance Agency [ANVISA], as well as in favor of the compliance with the requirements of international regulatory bodies and of the World Health Organization [WHO];

Support initiatives directed towards the modernization or implementation of improvements in the organizational, administrative, management, commercialization, distribution and logistics structure of the company.




» Clients

Enterprises with seat and administration in the country; 

Public administration direct or indirect.

The beneficiary must belong to the Industrial Health Complex (medical equipment, materials, reagents and devices for diagnosis, hemo-derivatives, immunobiological, chemical intermediaries and vegetable extracts for therapeutic purposes, pharmaceutical active principles and medications for human use, as well as correlated products inserted within the industrial health complex).



» Types of Financial Support

Direct, Indirect (automatic and non-automatic) and mixed (For direct operations, the minimum operation amount is R$ 1 million).



» Support Modality

The BNDES support will be provided through financing and/or subscription of securities.



» Supportable items

Civil works;

Installations (electric, hydraulic and fire combat); 

Furniture and fixtures;

Studies and projects;

Purchasing of equipment, including industrial sets and systems, new and national containing of BNDES' Computerized Manufacturers Accreditation [CFI];

Imports of new equipment that does not present national similar, with its evidence;

Internalization expenses with imported equipment, given that these do not equal remittance of resources, even though the importation has not been financed by BNDES;

Expenditures with managerial training and general training;

Hiring of organizational, economical and informational studies and technical advisory;

Purchasing of technical software or management software, developed in the country, and correlated services complying with the criteria established in the PROSOFT Commercialization Program;

Technology transference, except regarding companies that integrate the same economic group to which the Beneficiary belongs;

Pre-operational expenses;

Addition of working capital linked to the investment project;

Expenses for the adaptation to the national and/or international regulatory standards, including expenses with bioequivalence tests, bioavailability texts and those related to the registration of correlated products inserted within the industrial health complex in Brazil and Abroad, for products already sold by the company.   



Conditions for Financing Operations

» Interest Rate

Direct Support: Financial Cost + BNDES Fee

Financial Cost
Long Term Interest Rate - TJLP;

Currency Basket - see: Applicable Rules.

Note: in purchasing imported equipment, 100% in Bundle of Currencies, plus spread of 0.5% per year.

BNDES Fee
Micro, small and medium-size companies [MPME]: 1% per year
Large companies: 1.5% per year

Indirect Support: Financial Cost + BNDES Fee + Accredited Financial Institution Fee

Financial Cost
Long Term Interest Rate - TJLP;

Currency Basket - see: Applicable Rules. 

Note: in purchasing imported equipment, 100% in Bundle of Currencies, plus spread of 0.5% per year.

BNDES Fee
Micro, small and medium-size companies [MPME]: 1% per year
Large companies: 1.5% per year

Accredited Financial Institution Fee
Negotiated between the accredited financial institution and the client.



» BNDES Participation

Up to 90% of the financeable items.



» Maturity

Grace Period: up to 3 years; and

Amortization: up to 10 years.

For indirect operations, the grace and amortization terms shall be defined by the Accredited Financial Institution in view of the project, payment capacity, or Beneficiary's or the Economic Group it belongs to, observing the maximum terms established. 



» Collaterals

Direct Operations: see guarantees

Indirect Operations: The operation guarantees will be negotiated between the Accredited Financial Institution and the Beneficiary, observing the rules and regulations applicable by the Central Bank of Brazil.


Conditions for Operations of Securities Subscriptions


» Investment Amount

Starting at R$ 1 million.

For mixed operations, the total of financial instruments (fixed and variable earnings) will be considered for the verification of the minimum limit of R$ 1 million.



» Withdrawal Fund

A withdrawal fund of BNDESPAR stocks will be constituted with the company's profit.



» Incorporation Conditions

The company must be incorporated under the limited liability company modality, must bear stockholder agreement, provide BNDES participation in its Administrative Council and program its IPO in the New Market.



» Evaluation

The company will be evaluated based on its future results.



» Addressing

For automatic indirect operations send the request to the accredited financial institution.


The support requests under the direct, non-automatic indirect and mixed forms are sent to BNDES through the Previous Consultation letter - filled out according to the Information Guide for Previous Consultation - sent by the interested company or through the accredited financial institution of your preference to:

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
 
See:

PROFARMA
PROFARMA-Production 
PROFARMA-Exports
PROFARMA-Innovation 
PROFARMA-Restructuring   
PROFARMA-Public Producers.