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New phase of program will invest R$ 40 million to support innovation

 

The Start-Up Brasil program has gained a new stage, the Start-Up Brasil 2.0. The initiative will include two new projects focused on the information technology area, the Start-Up Hardware and the RHAE TICs. 
 
The first will support research, development and innovation activities in partnership with technology centers and institutes and accelerators. The second will train technicians and managers in innovation practices, in addition to inserting researchers into information and communication technology (ICT) companies.
 
The Secretary of Information Technology Policy of the Ministry of Science, Technology and Innovation (MCTI), Manoel Fonseca, informed that the initiative foresees investments of R$ 40 million, distributed as follows: R$ 20 million for the acceleration of one hundred technology-based start-ups, R$ 10 million in support of hardware startups and R$ 10 million to encourage the birth of innovative ideas. The three notices must be published within 60 days.
 
participation rules
 
Candidate companies must have a maximum of four years of existence. After being chosen, startups need to negotiate their adhesion to one of the 12 accelerators qualified by the last public notice of the program.
 
The acceleration has an estimated duration of up to 12 months for software companies and 18 months for hardware companies, with support for research, development and innovation (RD&I), support for business modeling, participation in training activities and access to market.
 
The program
 
Start-Up Brasil is maintained by the federal government and seeks to bring together a group of actors and institutions in favor of technology-based entrepreneurship.
 
National and international calls are made by the National Council for Scientific and Technological Development (CNPq) and the Brazilian Trade and Investment Promotion Agency (Apex-Brasil), respectively. Since 2012, the initiative has supported 183 companies, divided into four groups, from 17 states and 13 countries. 

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