The Brazilian Development Bank (BNDES) is the main financing agent for development in Brazil. Since its foundation, in 1952, the BNDES has played a fundamental role in stimulating the expansion of industry and infrastructure in the country. Over the course of the Bank’s history, its operations have evolved in accordance with the Brazilian socio-economic challenges, and now they include support for exports, technological innovation, sustainable socio-environmental development and the modernization of public administration.
The Bank offers several financial support mechanisms to Brazilian companies of all sizes as well as public administration entities, enabling investments in all economic sectors. In any supported undertaking, from the analysis phase up to the monitoring, the BNDES emphasizes three factors it considers strategic: innovation, local development and socio-environmental development.
BNDES Innovation Support Policy
Support for innovation is a strategic priority for BNDES. To implement this support, the Bank seeks to act in line with the public policies in force and in a manner complementary to the other institutions of the National Innovation System.
The goal for BNDES is to promote and support activities associated with the development of innovative environments, aiming at creating economic or social value and improve the competitive positioning of companies, contributing to the creation of better quality jobs, increased production efficiency, environmental sustainability and sustainable growth for the country.