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The Inova+ Digital and Sustainable Industry Program, a joint initiative of Embrapii (Brazilian Company for Research and Industrial Innovation) and BNDES (National Bank for Economic and Social Development), offers R$ 30 million for companies wishing to invest in Forest Bioeconomy projects.
This is a high-potential area for exploration in Northern Brazil, encompassing technological, economic, and social development. It is a unique opportunity for companies committed to sustainable projects aimed at generating jobs and income in the region.
This funding is part of the R$ 145 million allocated to encourage industrial innovation in seven strategic areas, of which Forest Bioeconomy is one of the most important. The goal is the technological and sustainable development of the Northern part of the country, which will bring economic and social benefits.
Companies in Northern Brazil, in particular, have favorable conditions to access these resources and contribute to promoting projects that foster Forest Bioeconomy. To maximize the use of these resources, Embrapii has been traveling across the country, organizing events with companies in all regions to present the project contracting model, enhancing competitiveness and productivity.
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On May 30, Embrapii and BNDES will hold, in Belém (PA), another of their thematic events, this time exclusively for Forest Bioeconomy. Large, medium, and small companies, startups, and representatives from research centers interested in exploring the potential of forest bioeconomy projects in the Northern region can participate. Registrations are open and can be made through the link.
Forest Bioeconomy Project: Success Cases
At the event, participants will have the opportunity to hear testimonials from companies that have already transformed their ideas into businesses in the field of Forest Bioeconomy. In total, seven projects from eight contracting companies will be presented, which together have received R$ 14.5 million in investments.
Among the projects, the development of protein extracts from the waste of cupuaçu and Brazil nut extraction for food applications stands out. This venture is supported by the JBS Fund for the Amazon and by Embrapii’s Senai ISI Synthetic Unit.
The diversity of presented projects shows the range of ideas that can be funded by the joint initiative of Embrapii and BNDES. The possibilities are numerous, ranging from the development of biomaterials and biodegradable packaging to advanced solutions for utilizing forest waste.
Forest Bioeconomy in Northern Brazil
The Northern Brazil has great potential for investments in Forest Bioeconomy. It is an area prone to innovations and sustainable development, which will bring benefits to society. Thus, companies in the region have favorable conditions to receive non-repayable funds that encourage industrial innovation.
Embrapii has already supported 35 companies from the Northern region in developing 52 technological innovation projects. Of these, 15 have already been completed and resulted in eight requests for intellectual property. The total investment reached R$ 89.13 million, highlighting the importance of the program initiated by Embrapii and BNDES in the region.
To further maximize innovation projects in the area, Embrapii has accredited four additional research institutes as Embrapii Units: the Federal University of Western Pará (UFOPA), the Federal University of Pará (UFPA), the Federal University of Tocantins (UFT), and the Senai Institute of Innovation (ISI) of Pará. Together, these units will receive an investment of R$ 9.6 million.
The accreditation was carried out through a partnership between Embrapii, BNDES, and the Ministry of Education (MEC) and complements the presence of the Embrapii ecosystem in the Northern part of the country.
The Joint Initiative of Embrapii and BNDES Is an Important Step Towards Stimulating Industrial Innovation in Northern Brazil
The R$ 30 million allocated for the Forest Bioeconomy area presents an opportunity for companies in the region to invest in sustainable projects that contribute to improving the economy and the environment.
The diversity of projects presented at events and the expansion of accreditation for research units open up a range of innovation possibilities for startups and companies of all sizes that aim to contribute to the development of Northern Brazil. It is a unique opportunity to foster projects with high technological, economic, and social potential.
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