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Funding Authority for Studies and Projects in Brazil

 
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Brazil Funding Authority for Studies and Projects



The Funding Authority for Studies and Projects
The second main agency in the Ministry of Science and Technology is the Funding Authority for Studies and Projects (Financiadora de Estudos e Projetos--Finep). The minister of science and technology appoints the president and directors of the Finep, without any external peer review. The Finep traditionally has worked along two different lines: it administers the FNDCT, and it serves as a specialized bank that makes loans to the private sector for technological development and innovation. In practice, the Finep's activity in the early 1990s was limited mostly to loan contracts for research and development projects in industry. However, because of the economic recession and market interest rates, there were few takers

Data as of April 1997











 



 


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