Finep has updated its rules by 2025, creating funding for the most rigorous innovation. Companies must meet new financial and regulatory criteria, with priority for strategic projects. Changes try to align credit with technological development and innovation in the country.
The financier of Studies and Projects (Finep) detailed in his new Updated document In 2025, the tools and operating conditions aimed to promote innovation through refundable funding for large companies. The set of rules establishes guidelines for the assignment of resources from the National Fund for Scientific and Technological Development (FNDCT), the Technological Development Fund of Telecommunications (Funtel) and the resources of the institution. Now large companies can obtain funding up to $ 300 million in regions such as North, Northeast and Midwest. The South and South -East regions have a limit up to $ 250 million. In addition, Fump has expanded support for innovation projects in strategic sectors such as energy, health and biodiversity.
Finep financing rates vary according to the type of project and the rules of each support line. In general, the interest is composed of the referential rate (TR) plus an additional percentage, which changes according to the program. For example, the more of Fusp innovation program, aimed at strategic projects and with greater impact, can include additional costs such as “risk spread” (between 0.5% and 1.2% per year), depending on the project and company profile. In addition, if the borrower opts for longer payment deadlines, it is possible to apply a “diffusion of time”, increasing interest rates in exchange for greater flexibility in the deadlines. The programs also offer different needs and total payment deadlines, which can reach over 10 years in some lines, allowing companies to align financial disbursements to the return for projects.
Finep’s new policy for 2025: more penalty and new criteria for financing
The financing scenario for innovation in Brazil was subjected to a renovation in 2025. Fusp has announced new rules for the granting of reimbursable credit, imposing more rigorous criteria for companies that seek this type of financial support.
In 2024, in order to benefit from the reimbursable financing of Finep, the companies had to have gross (Rob) operational revenues equal to or greater than $ 90 million last year and a project with a total value of over 15 million dollars (considering funding and counterparty). These requirements, although already established a minimum level, have been modified by 2025.
The new policy implemented in 2025 has established a more aligned strategic direction with the guidelines of Nova Indisria Brasil (NIB), resulting in that only strategic innovation projects and plans (Peis) that serve at least one of the six program missions can be contemplated. In addition, the financial criteria have been hardened, keeping the minimum gross operating revenues at $ 90 million. Another change was the requirement of a net assets (PL) beyond R $ 40 million, which creates a further obstacle for smaller companies.
Another great change lies in the analysis of the risk and in the inspection of candidates for funding. In addition to the financial requirements, supporters must now meet new requirements to demonstrate their solidity and regulatory compliance. Companies that have undergone judicial recovery in the last five years will not be able to request funding, as well as those with predefined records with end in the same period. In addition, companies with gross operational revenues (Rob) higher than $ 300 million or total activities exceeding $ 240 million will have to present a budget controlled by audits recorded at the Securities Commission (CVM), guaranteeing greater financial transparency.
Impacts on the market
The changes represent a finep movement to make the financing of innovation more selective and aligned with strategic projects for the country. The limit of up to $ 300 million in some regions can represent an opportunity for large companies located in the North, North -Ast and Midwest, areas that traditionally face more challenges to raise funds.
THE Macke Consulting He has been working for over 15 years, assisting companies in obtaining Finep funding. The advice provides expert support for companies to obtain resources in a simple way, following all the technical and legal requirements of the process.
TO Andre MaieskiPartner of Mackke Consultoria, “The challenge will now be for companies that must adapt to new requirements, balance innovation and financial management to continue accessing Finep benefits,” he says. Maieski also stresses that, despite the changes, Finep funding has greater benefits from the traditional market. “Finep financing stands out to offer more advantageous conditions than the Selic rate, which is now about 13.25% per year. Since Selic is the main interest rate of the Brazilian economy and directly influences the cost of market loans, the FEP lines are more convenient. They use the reference rate facilitates investments in innovation”.
Macke Consultoria has already helped several companies to obtain funding from Finep. Last year, among the success cases there are industries such as Castrolanda, Tsea Energia, Volkswagen and others. In 2024, the advice moved about 2 billion dollars to funds raised through these funding.
Finep reaches the largest portfolio in history in 2024
Accounting and financial numbers approved by Finep on performance in 2024 Next to his board of directors. The company has reached the largest credit wallet in its history – R $ 22 billion – and record level of revenues – R $ 2 billion. He also reached the most significant net profit already measured: R $ 815 million.
The release of funds for refundable projects last year was $ 10.7 billion, while the intake of new funding amounted to over $ 15 billion. In addition, Finep recorded the lowest default in history at the end of 2024 (0.11%). By 2025, Forp and Fndct should invest more than $ 20 billion to increase innovation and scientific development in Brazil.
Website: https://mackeconsultoria.com.br/
Source: Terra
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