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
BNDES funding may be granted through the Bank’s existing credit lines and financial products.
BNDES funding will be granted according to the rules and operating procedures of the institution as well as the applicable legislation in force.
In the calls, BNDES can support Brazilian companies through indirect support instruments, especially for micro, small and medium-sized enterprises and direct support through the Support Line A, for proposals from R$ 10 million onwards.
Approval in International Cooperation calls is one of the qualifying criteria for Brazilian SMEs to access BNDES’ Innovative SME program, in accordance with the conditions and standards of the financial institutions accredited by BNDES.
For more information about BNDES’ financing conditions and requirements, please visit: http://www.bndes.gov.br/