BNDES Mais Inovação (More Innovation)

BNDES Mais Inovação is BNDES's rolling financing program for innovation and digitalisation, funded with FAT resources at the Referential Rate under Law 14.592/2023. It is a loan product, not a grant, and it sits under the same development bank that finances long-term investment across Brazil. The program is split into five subprograms covering direct and indirect financing for R&D and innovation, Industry 4.0 equipment, digital transformation, PD&I centers, and innovative goods tied to the Lei de Informática. Ticket sizes start at R$10 million in the North and Northeast and at R$20 million elsewhere for direct innovation finance, rise to R$50 million for the technology-diffusion line, and are capped at R$300 million a year per economic group for the main innovation and innovative-goods routes. It also sets annual client caps of R$50 million for Difusão Tecnológica and R$15 million for Investimento Automático. The program is built for Brazilian for-profit companies that need sizeable capital for innovation assets, industrial digitisation, or new technical capacity. Applications move through BNDES's Canal MPME rather than a public competition, so fit depends more on financing capacity and project scale than on a one-off grant deadline. It is the clearest route in the BNDES stack for companies seeking structured debt finance for innovation.

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.