2023-09-01 13:00:00
The federal government announced on Thursday (31) the amount of R$ 66 billion in lines of credit to encourage technological innovation in Brazil. The financing launched by Geraldo Alckimin, Vice President of the Republic and Minister of Development, Industry, Commerce and Services (Mdic), carries a very low interest rate of 4% per year, plus the reference rate index (TR).
According to information from the minister, R$ 16 billion of the total will be distributed through public notices and will not need to be returned. In the case of amounts borrowed for financing, the period for repaying the debt is up to 16 years, with the possibility of a grace period of up to 4 years, that is, the company starts paying the installments only following this period.
Alckimin celebrated the billionaire contribution destined to innovation, highlighting the low interest rate. “It is the lowest interest rate in history. Nominal interest of 4%”, emphasized the vice president and minister of Development, Industry, Commerce and Services (MDIC). This rate is lower than the 13% to 15% interest charged by the National Bank for Economic and Social Development (BNDS).
According to the government statement, the amounts will be released at the end of September with a transfer to different types of projects related to technology and innovation, including the use of artificial intelligence, development of sustainable fuels for aviation, digitalization of the economy, ways of sustainable mobility, etc.
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