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Program

FINEP Equity Investment Funds (Fundos de Investimento em Participações, FIP)

Supports Indirect equity investment in Brazilian innovation startups via managed fund funds, including fund de IA co funded with BNDES.

FINEP Fundos de Investimento em Participacoes (FIP / Equity) is FINEP's indirect equity route under the Brazilian federal innovation agency, Financiadora de Estudos e Projetos. Instead of writing startup checks directly, FINEP selects and capitalizes a fund manager that then invests in eligible Brazilian innovation companies through a participatory-investment fund.

The 2026 active call is the FIP

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

Last verified: 28 May 2026Source: www.finep.gov.br