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BNDES and FINEP select 88 projects for new research centers

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The 88 proposals selected for attraction, implementation or expansion of Research, Technological Development and Innovation Centers (PD&I) in Brazil were released on Monday (15) by the National Bank for Economic and Social Development (BNDES) and the Financier of Studies and Projects (Finep).BNDES and FINEP select 88 projects for new research centers

According to BNDES, the total investment of R $ 10 billion, R $ 8.9 billion will be supported by Bank and Finep through various “instruments, including credit, shareholding, non -reimbursable resources for cooperative projects between companies and technological institutions and economic subsidy”.

BNDES also reported that “of the total proposals, 27 predict investments (total or partial) in PD&I centers in the North, Northeast and Midwest, and total R $ 4 billion in investments.”

According to the bank, another 27 proposals aim exclusively the implementation of new PD&I centers, with investments added to R $ 3.4 billion. “In total, the selected proposals indicate the hiring of 572 masters and 363 doctors, totaling 935 qualified researchers.”


Brasília (DF) 10/31/2023 President of BNDES, Aloizio Mercadante speaks at the Senate Environment Commission. Photo Lula Marques/ Agência Brasil
Brasília (DF) 10/31/2023 President of BNDES, Aloizio Mercadante speaks at the Senate Environment Commission. Photo Lula Marques/ Agência Brasil

Brasilia (DF) 10/31/2023 President of BNDES, Aloizio Mercadante. Photo -Archive: Lula Marques/ Agência Brasil – Lula Marques/ Agência Brasil

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For the president of BNDES, Aloizio Mercadante, the initial budget proposed, demonstrate the success of President Lula’s industrial policy, who saw the great demand for technological innovation in Brazil.

“Therefore, BNDES and FINEP will seek to work on credit lines that can support other proposals that have been presented, but have not been approved because they need support to expand funding capacity,” he said.

Finep president Luiz Antonio Elias accentuated the large number of companies interested in creating or improving R&D centers, distributed in all regions of the country. “Also noteworthy is the great interest in hiring qualified researchers to work on these structures, contributing to Brazilian society to retain its brains in the country.”

According to BNDES, the next phase “consists of structuring joint support plans, which will be released until October 26 by Finep and BNDES together”.

The list of selected proposals is on the sites of the BNDES and from Finep.

*With information from BNDES

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