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Sao Paulo State offers an initiative to promote high tech startups with a highly innovative profile. Two financial instruments are offered by Desenvolve SP: a subsidized rate loan and a grant for innovative enterprises with a turnover between R$ 3,6 mln and R$ 18 mln. The program is envisaged for San Paulo based startups with an innovative profile and with a focus for those already incubated or part of a parque tecnolo'gico. Target Sectors are: ICT, agritech, new materials/nanotech, health technology.

http://desenvolvesp.com.br/portal.php/sp_inova

(EB) 19-Feb-2015

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