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TECHNOLOGYJun 17 · 08:38 UTCTHE RIO TIMESRichard Mann

Brazil’s State Bank BNDES Builds a Fund to Pull Foreign Money Into Startups

Brazil’s state bank BNDES and its innovation agency Finep launched a R$250m ($49m) fund to support growth-stage startups. The initiative aims to bridge the gap between early-stage accelerators/grants and venture capital funding.

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BNDESorganizationFineporganizationBrazilplacestartupstopicVenture Capitaltopic
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