Brazilian National Bank of Economic and Social Development (BNDES)
Overview:
Provides long term financing of endeavors that contribute towards the development of Brazil.
Website:http://www.bndes.gov.br
Country:Brazil
Geographic coverage:Brazil
Mechanism:
| Grants |
Programs:
On 4 July, 2006, BNDES launched a technological fund, Funtec, that will provide BRL 153m (USD 70.4) to R&D in ethanol activities, including other sectors such as agro-business and bio-technology.
Annual budget:
Total budget BRL 153m (USD 70.4)