FINEP Tecnova
Funds Brazilian small and medium-sized companies to develop innovations toward prototype, validation, or early market readiness.
FINEP Tecnova sits under FINEP, Brazil's federal innovation finance agency, and it is one of the main public subvention routes for innovation in small and micro businesses. The program is active in Brazil and is often delivered with state research foundations, which gives it a federal-plus-state execution structure rather than a single central call. It is aimed at firms that need non-reimbursable support to push an innovation project forward without taking on debt. The instrument is a grant, with current tickets in the BRL 500,000 to BRL 5 million range and annual cycles. Eligibility is anchored in Brazilian registration and operations, and individuals are excluded. The scheme is designed for MSMEs and micro enterprises rather than large corporates, so the practical question is whether the company has enough substance to execute an innovation project but still needs public subvention to de-risk the work. The strongest applications are usually tied to a clear technical or commercial milestone, such as prototype refinement, product validation, or the early market work needed to turn an innovation into revenue. Applicants tend to do better when the proposal is concrete about the next development step, the business problem being solved, and how the company will use the state-linked delivery network to move from concept to market-ready execution.
No upcoming rounds verified. Cadence: Annual.