Brazil

Grimaldi Alliance operates in Brazil through the law firm Drummond Advisors.

 

Founded with the objective of meeting the needs of companies operating in Brazil and abroad, Drummond provides legal, tax and accounting advice for all international business. The multidisciplinary team provides a comprehensive view of the challenges involved in international transactions, ensuring strategic planning and risk mitigation.

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Belo Horizonte

Drummond

Av. do Contorno 10º andar 7069
MG 30110-043

San Paolo

Drummond

Rua Barão do Triunfo, 612 conj. 1309
São Paulo SP 04602-002 BRA

News from Brazil

Grimaldi Alliance

Knowledge Management

Mar 05 2025

BNDES and Finep Launch Strategic Public Call in Brazil

The Banco Nacional de Desenvolvimento Econômico e Social (BNDES), in collaboration with the Financier of Studies and Projects (Finep), has launched a public call for proposals to attract, establish, and expand Research, Technological Development, and Innovation (R&D&I) Centers in Brazil. This initiative is a key component of the "New Industry Brazil" strategy, a national policy aimed at fostering reindustrialization and technological advancement through six priority missions defined by the National Council for Industrial Development (CNDI).

Objectives

This public call seeks to enhance Brazil’s position as a center for scientific and technological development by promoting collaboration between public institutions, universities, research centers, and private enterprises. The program is designed to:

  • Drive research and technological innovation in key industrial sectors
  • Strengthen Brazil’s competitiveness in science and technology
  • Attract foreign investment in research and development
  • Support the development of advanced infrastructure
  • Foster the growth of highly skilled professionals in strategic areas

Eligibility

The call is open to:

  • Brazilian companies engaged in or planning to undertake R&D&I activities
  • Foreign companies interested in establishing or expanding R&D&I centers in Brazil, subject to legal and administrative formalization in the country

Scope of Eligible Projects

The initiative supports the creation and expansion of laboratories, pilot plants, demonstration facilities, and innovation hubs dedicated to research and technological development.

Minimum requirements for participation:

  • Physical infrastructure
    • New centers: Minimum area of 500 m²
    • Expansion projects: Minimum area of 250 m² or a 20% increase over existing facilities
  • Technical workforce
    • New centers: At least 50 employees, of whom at least 10 must hold a master’s or doctoral degree
    • Expansion projects: At least 25 employees, of whom at least 5 must hold a master’s or doctoral degree
  • Investment thresholds
    • Minimum R$10 million for centers in the North and Northeast regions
    • Minimum R$20 million for centers in other regions
  • Project implementation period: Up to 36 months

Funding and Strategic Impact

The initiative is supported by a total budget of R$3 billion, reinforcing Brazil’s commitment to technological advancement, industrial competitiveness, and economic development.

Application Process and Selection Criteria

  • Deadline for proposal submission: June 30, 2025
  • Evaluation criteria:
    • Alignment with the objectives of the public call
    • Financial capacity in relation to the proposed investments
    • Contribution to the New Industry Brazil policy and its strategic missions

Further Information

This initiative provides a significant opportunity for institutions seeking to play a leading role in Brazil’s technological and industrial development. By participating, organizations will contribute to the country’s innovation ecosystem and the expansion of its research infrastructure.

Public Call for selection of proposals for attracting, implementing or expanding research, technological development and innovation centers - english version

Public Call for selection of proposals for attracting, implementing or expanding research, technological development and innovation centers - Portuguese version

Grimaldi Alliance

Knowledge Management

Dec 10 2024

Lens on Brazil

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Donald Trum's victory: economic impacts in the U.S. and consequences for Brazil

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USCIS Policy drive growth in stem and extraordinary ability VISA applications

USCIS introduced significant updates to its policy guidance, providing clearer pathways for STEM professionals (People who work in Science, Technology, Engineering, and Mathmatics) and extraordinary ability individuals to access U.S. immigration benefits.
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News from Brazil

Integration of startups from the north and northeast regions of Brazil stimulates local innovation ecosysytems

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With a focus on the environment and society, Brazil takes 400 startups to Lisbon

Apex, Sebrae and the federal government double the participation of companies in the Web Summit.
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Brazil's GDP grows 0.9% in Q3 2024. as expected

Brazil's Gross Domestic Product (GDP) grew 0.9% in the third quarter of 2024 compared to the previous quarter, showing a slowdown compared to the 1.4% growth recorded in the second quarter.
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Latin American and Caribbean Countries discuss best practices in Digital Governance

Security mechanisms in the digital environment need to be as fast and creative as cybercriminals, in order to minimize risks to the provision of digital services by governments. Illegal practices that cross borders make partnerships between countries, as well as clearer and more efficient regulations, increasingly necessary.
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Petrobras and Bndes form partnership for restoration in the Amazon

An agreement for ecological restoration with job and income generation in the Legal Amazon was signed by the president of Petrobras, Magda Chambriard, and the president of the National Bank for Economic and Social Development (BNDES), Aloizio Mercadante. The protocol of intentions foresees an investment of R$100 million over the next five years, with R$50 million coming from the Amazon Fund.
READ MORE

Grimaldi Alliance

Knowledge Management

Nov 07 2024

Lens on Brazil

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COMPLETE GUIDE FOR DIGITAL NOMAD: ESSENTIAL TAX OBLIGATIONS

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COMPLETE GUIDE FOR DIGITAL NOMADS: ESSENTIAL LEGAL RULES

An article in the Harvard Business Review defines digital nomadism as “a lifestyle that allows you to take advantage of remote work to travel and reside in different places around the world, often in more accessible destinations”.
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BNDES AND US BANK SIGN AGREEMENT FOR INVESTMENTS IN BRAZIL

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"IT'S A NEW MOMENT IN BRAZIL", SAYS MINISTER DURING THE SIGNING OF THE COOPERATION AGREEMENT BETWEEN BRAZIL AND FRANCE

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STARTUPS INCREASE THEIR FOCUS ON CLIMATE INTELLIGENCE

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AMONG THE WORLD'S 100 MOST PROMISING FINTECHS, 5 HAIL FROM LATIN AMERICA

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IMF RAISES BRAZIL'S GDP GROWTH PROJECTION FOR 2024 TO 3%

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