TECHNOLOGICAL INFRASTRUCTURE TECHNOLOGICAL PARKS RESEARCH CENTERS AND INSTITUTES...13

Size: px
Start display at page:

Download "TECHNOLOGICAL INFRASTRUCTURE... 9 3.1 9 3.2 TECHNOLOGICAL PARKS...10 3.3 RESEARCH CENTERS AND INSTITUTES...13"

Transcription

1

2 TABLE OF CONTENTS 1 MARKET HUMAN RESOURCES TECHNOLOGICAL INFRASTRUCTURE Universities TECHNOLOGICAL PARKS RESEARCH CENTERS AND INSTITUTES INCTs Renato Archer Information Technology Center (CTI) GOVERNMENT SUPPORT Strategic components National Center for Advanced Electronic Technology (CEITEC) TI Maior Program FISCAL INCENTIVES Basic Productive Process (PPB) Goodwill Law FINANCING FINEP BNDES...29

3 INFORMATION AND COMUNICATION TECHNOLOGIES 1 MARKET Brazil is a prime country for information technology (IT)-related companies to monetize on emerging opportunities such as cloud computing, mobile computing, big data, and additive manufacturing (3D printing), as well as on traditional outsourcing demands. Due to the increasing local demand for IT solutions, especially for convergence with other vertical segments such as health and oil & gas, the country has become a strong participant in the development of new IT solutions and an important place for investments related to R&D. In 2012 total IT investment in Brazil reached US$123 billion, including hardware, software, services, Business Process Outsourcing (BPO), exports and in-house IT 1. Brasscom 2 The Brazilian Association of Information Technology and Communication Businesses - predicts that IT will experience an aggressive annual expansion of 10% every year, reaching US$210 billion by In 2014, Brazil was ranked by the AT Kearney Global Services Location Index (GSLI ) as the 8 th best destination for technology outsourcing. The country is the only one in Latin America among the global top ten on IT investments, and when compared to other emerging markets such as Russia, India, and China, Brazil comes in 2nd, outranked only by China. Brazil ranks 7th in global IT investment and significant local business opportunities still exist due to the increasing demand for IT solutions. Domestic market expansion is substantial and some geographic regions such as the North are still increasing its IT knowledge and maturity. More mature regions in terms of IT usage, such as the South and Southeastern Brazil, are following the global trend of adopting new solutions (e.g., cloud computing) that require investments in infrastructure and modernization. An increase in local demand also influences the need for support from local R&D centers. 1 Apresentação Institucional A Indústria Brasileira de TI Brasscom, 2013; Link: pdf; p. 6; Last accessed on 02/09/ Economic Slowdown Won t Stop IT Expansion in Brazil Brasscom 2012; Link: =89; Last accessed on 01/08/ AT Kearney Global Services Location Index, p. 3; Last accessed on 17/10/2014 ad1e-db4a3d6d5f0d 3

4 Total IT Investment, Global, 2012 Rank Country IT Investment (US$ Billion) Market Share World (%) (Source: IDC 4 ) 1 US % 2 China % 3 Japan % 4 United Kingdom % 5 Germany % 6 France % 7 Brazil % 8 Canada % 9 Australia % 10 India % Other % Total 2,000 The total Brazilian IT investment in the software and services market reached over US$25.00 billion in Since the global crisis in 2009, this market has expanded at a compound annual growth rate (CAGR) of 20 percent. Key trends are influencing this rapid growth in the Brazilian software and services market. According to TI Maior Program 5, management tools such as Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and Business Intelligence (BI) are still in high demand in the Brazilian market and are considered major trends in IT investments in the country, mainly because of the mergers and acquisitions (M&A) processes and the growth in IT demand for certain segments such as education and healthcare. Outsourcing, cloud computing, mobility and big data will also attract investments to Brazil and boost the country s internal market growth (Frost & Sullivan). In 2012, the data center services market in Brazil reached US$1.60 billion in revenue. Though mature, this market still holds many opportunities for investment, and Frost & Sullivan forecasts a CAGR of 9.7 percent from 2014 to One of the most important opportunities in the Brazilian data center services market is cloud computing. In 2013, the Brazilian cloud computing market reached US$328.0 million in investments. By 2017, these investments are expected to reach US$1.10 billion, driven mainly by infrastructure as a service (IaaS) and software as a service (SaaS) used in the private cloud model. Research and Development (R&D) also provides an interesting perspective of the market. In a study published in 2011, Brazil had about 200 companies with R&D investments related to the manufacturing of electronic components, information technology and communication equipment. In addition, close to 1,000 companies invested in software development services, as illustrated on Table. 4 Mercado Brasileiro de Software e Serviços 2013 ABES, 2013; Link: p.5; Last accessed on 02/21/ Programa TI Maior Principais Tendências MCTI, 2013; Link: Last Accessed on 02/09/2014 4

5 Brazilian Companies with R&D Investments Related to IT Activities (Source: IBGE 6 ) Activity Companies with R&D investment Employees working with R&D Manufacturer of communication equipment Non-customizable software development On-demand software development Customizable software development Manufacturer of computer equipment and peripherals Other information technology services Data treatment, Internet hosting, and other related activities Manufacturer of electronic components Brazil is also recognized for its expertise in specific vertical markets such as banking and finance and oil and gas. Some of the best IT solutions for these vertical markets were developed domestically by private companies that invested in R&D to support the local market. These solutions became benchmarks for other countries. Moreover, global IT companies such as IBM have installed local R&D centers, segmented by vertical markets dedicated to the development of specific solutions. Brazil is strategic not only because of its many local opportunities, but also because it gathers conditions regarding infrastructure technology, connectivity, and human resources able to support other countries and operations in Latin America. 2 HUMAN RESOURCES In 2011, the Brazilian IT market employed about 1.2 million workers: 400,000 in IT companies and the remaining 800,000 in companies from other sectors. Annually, Brazil graduates around IT bachelors, mainly in courses such as Information Systems, Computer Sciences and Systems Analysis and Development (Brasscom, ). In regards to post-graduate students the number has increased considerably in recent years, representing a rise in the high-skilled work force available in the IT sector. 6 IBGE, Diretoria de Pesquisas, Coordenação de Indústria, Pesquisa de Inovação 2011, Link: Last accessed on 02/20/

6 Total Number of Post-Graduate Students in Science Fields Related to IT, Brazil, 2012 (Source: CAPES) Area Title Growth ( ) Exact and Earth Sciences Masters 6,327 10,793 70% PhD 4,796 8,633 80% Engineering Masters 11,525 17,370 51% PhD 5,561 9,946 79% When determining the availability of PhDs in Brazil, research areas such as computer science have a relevant number of doctors to support companies in these areas. In 2013 there were 2,852 PhDs specialized in computer science and microelectronics. The range of annual salaries in the R&D engineering area as well as in IT-related jobs is also estimated below. In 2011, 18,602 professionals were involved in R&D activities related to the Brazilian information technology sector. Number of PhDs in Research and Teaching Activities per Science Field per Region, Brazil, 2013 (Source: CNPq) Region Number* of PhDs per science field Total number of PhDs per science field Region's representativeness Computer Science Microelectronics Southeast % South % Northeast % Center-West % North % Total % * The numbers reflect the amount of professionals registered in Painel Lattes platform. 6

7 Range of Annual Salaries in the R&D Engineering Area Complementary Carriers, Brazil, 2013 (Source: Hays Group) Job Position Annual Salary Range (US$) Minimum Maximum R&D Engineer Director 121, ,256 R&D Engineer Manager 73, ,984 R&D Engineer Coordinator 53,418 73,135 R&D Engineer 36,572 62,063 Range of Annual Salaries in IT-related Jobs, Brazil, 2013 (Source: Hays Group) Job Position Annual Salary Range (US$) Minimum Maximum Chief Information Office/IT Director 119, ,665 System Manager 59, ,962 Information Security Manager 66, ,018 Information Security Coordinator 37,903 87,775 System Coordinator 46,803 85,115 Information Security Analyst 29,923 79,795 System Analyst 23,018 55,857 Over the last decade, the enrollments on technical education in Brazil doubled creating, in a relatively short timeframe, a significant workforce capable of driving R,D&I activities, continuously trained and further developed in a variety of centers across Brazil s territory. In regards to the undergraduate level, engineering-related carriers are particularly important to the development of R,D &I activities here the trend is also with the number of students enrolled in engineering courses increasing 12,8% during second only to Business Administration in nominal values. Brazil s government has created programs and measures to help train new employees specialized in the IT industry. The Ministry of Science, Technology and Innovation (MCTI) has established directives to increase the specialized work force and support the demand for research, development 7

8 and innovation. Examples of these initiatives include the increase of scholarships in different areas of expertise, the Promotion of Engineering Program, the National Program of Access to Technical Schools and Employment, (Pronatec) - which brings together the demands of the private sector with courses being taught throughout Brazil at Federal and other institutes - as well as other initiatives such as decentralization. The Science Without Borders Program, for instance, as of January 2014 had granted 2,686 scholarships to the computing and information technology programs. Science without Borders Scholarships in Selected Areas, Brazil, 2013 (Source: Science without Borders) 8 Area Engineering and other technological areas Computing and information technology Number Scholarships of % Scholarships for Undergraduates % 7% 2,686 84% 16% % Scholarships for Graduates Science Without Borders also brings foreign researchers to Brazil to work with companies in the country, offering a monthly scholarship of about US$7,000 and monthly housing allowance of about US$3,500. A database of résumés of all participants is also available online to companies interested in hiring them. Another key program supporting IT work force specialization is TI Maior Program, which aims to meet the industry s needs and has a goal to graduate 900,000 new professionals by 2022, with yearly investments of US$102.6 million 9 expected for scholarships and R&D activities through CNPq and CAPES. There are also specific programs such as the Human Resources in Strategic Areas Training Program (RHAE), in operation since It has the objective of increasing the number of researchers working in private companies in R,D&I activities and training and developing human resources to develop applied research projects or technological development 10. It offers scholarships to researchers with masters and doctors degrees, adding highly qualified staff in the R,D&I department of companies, and ensuring connectedness between the academic research and its applicability in the market. Through the National Council of Scientific and Technological Development (CNPq), government pays up to U$ in scholarships for a period of up to 3 years. Government is taking additional measures to reduce nationwide costs for IT manpower to help increase Brazil s industry competitiveness. According to Law /11 the ICT industry will benefit from payroll tax reductions; it allows ICT companies working in the activities mentioned in Table bellow as well as companies that export call center services to forgo paying the employer pension contribution (20 percent of the employee salary), and instead to pay a 1 to 2 percent 8 Painel de Controle do Programa Ciências sem Fronteiras - Ciências sem Fronteiras, 2013; Link: Last accessed on 02/17/ TI Maior Programa Estratégico de Software e Serviços de Tecnologia da Informação, , MCTI, 2012; Link: ; p.13; Last accessed on 01/08/ Source: O que é o RHAE CNPq, 2013; link: Last Accssed: December/2013 8

9 contribution toward gross revenue, depending on their sub-segments. 11 This tax reduction can benefit IT companies performing R&D activities by reducing their labor expenditures. Companies Eligible for Payroll Exemption, Decree 7.828/2012 (Source: Casa Civil) 12 System analysis and system development Programming Data and commutation processing Program development, including development of electronic games Licensing or concession to use a computer program Consulting and advising on information technology Technical support Planning, development, and maintenance of Web pages Through the combined force of all of these initiatives, the government expects to supply the market with the 2.1 million IT employees required by TECHNOLOGICAL INFRASTRUCTURE 3.1 Universities According to Brasscom 13, Brazil had 584 universities offering IT-related courses for both undergraduate and post-graduate students. Considering only those with post-graduate courses related to IT, 23 universities scored a grade higher than 4 (on a 1 to 7 scale) according to CAPES for both master- and doctorate-level IT-related courses. 11 Desoneração da folha de pagamentos Ministério da Fazenda, 2012; Link: ; p. 1; Last accessed on 01/08/ "Decreto N 7.828, de 16 de outubro de 2012" - Presidência da República, Casa Civil, 2012; Link: Last accessed on 03/19/ O Mercado de TI no Brasil Brasscom, 2012; Link: ; p. 15. Last accessed on 01/08/2014 9

10 Number of Universities with Grade Higher Than 4 in Master- and Doctoratelevel IT-related Courses by State, Brazil, 2010 (Source: CAPES) 14 State Universities with Grade Equal to or Higher than 4 in Master and Doctorate IT Courses CAPES Name of the Institution São Paulo (SP) 3 Universidade Estadual De Campinas, Universidade De São Paulo, Universidade Federal De São Carlos Rio de Janeiro (RJ) 3 Universidade Federal Do Rio De Janeiro, Pontifícia Universidade Católica Do Rio De Janeiro, Universidade Federal Fluminense Rio Grande do Sul (RS) 3 Universidade Federal Do Rio Grande Do Sul, Pontifícia Universidade Católica Do Rio Grande Do Sul, Universidade Do Vale Do Rio Dos Sinos Paraná (PR) 2 Ceará (CE) 2 Minas Gerais (MG) 2 Pontifícia Universidade Católica Do Paraná, Universidade Federal Do Paraná Universidade De Fortaleza, Universidade Federal Do Ceará Universidade Federal De Minas Gerais, Universidade Federal De Uberlândia Amazonas (AM) 1 Universidade Federal Do Amazonas Bahia (BA) 1 Universidade Federal Da Bahia Distrito Federal (DF) 1 Universidade De Brasília Espírito Santo (ES) 1 Universidade Federal Do Espírito Santo Mato Grosso do Sul (MS) 1 Fundação Universidade Federal De Mato Grosso Do Sul Pernambuco (PE) 1 Universidade Federal De Pernambuco Rio Grande do Norte (RN) 1 Universidade Federal Do Rio Grande Do Norte Santa Catarina (SC) 1 Universidade Federal De Santa Catarina 3.2 TECHNOLOGICAL PARKS According to the Brazilian Association of Science Parks and Business Incubators (ANPROTEC) Brazil has 24 technology parks focused on IT. 14 Resultado Aval Trienal CAPES, link: Last accessed on 03/19/2014 / Only the higher education institutions that achieved a score equal to or higher than 4 on a scale of 1 to 7 (1 being the lowest score and 7 being the highest) were selected. 10

11 Technology Parks in Operation in Brazil with Focus on IT (Source: Anprotec 15 ) Region State City Name of the Park Nordeste Ceará Fortaleza Parque Tecnológico do Nutec, Nutec Technology Park, (PARTEC) Paraíba Pernambuco Pernambuco Sergipe Campina Grande Recife Recife Aracajú Fundação Parque Tecnológico da Paraíba, Technology Park of Paraiba Foundation, (PAQTCPB) Núcleo de Gestão do Porto Digital, Managing Center of Porto Digital Parque Tecnológico de Eletro-Eletrônica de Pernambuco, Technology Park of Electro-Electronic of Pernambuco (ParqTel) Sergipe Parque Tecnológico, Technology Park of Sergipe, (SergipeTec) Sudeste Minas Gerais Viçosa Parque Tecnológico de Viçosa, Technology Park of Viçosa, (tecnoparq) Minas Gerais Minas Gerais Rio de Janeiro Rio de Janeiro São Paulo São Paulo São Paulo São Paulo Belo Horizonte Uberaba Petrópolis Rio de Janeiro Campinas Campinas São Carlos São José dos Campos Parque Tecnológico de Belo Horizonte, Technology Park of Belo Horizonte, (BH-Tec) Parque Tecnológico de Uberaba, Technology Park of Uberaba, (PTU) Movimento Petrópolis Tecnópolis, Petropolis Tecnopolis Movement, (PET- TEC) Parque Tecnológico do Rio, Technology Park of Rio Parque Tecnológico da Ciatec, Ciatec Technology Park Techno Park Campinas, Campinas Technopark Parque Tecnológico de São Carlos, Technology Park of São Carlos Parque Tecnológico da Universidade do Vale do Paraíba, Vale do Paraíba University (UNIVAP), UNIVAP 15 ANPROTEC - MCTI, 2013; Printed Document. 11

12 Region State City Name of the Park Technology Park Sul Paraná Curitiba PUC-PR Tecnoparque, PUC- PR Tecnopark Paraná Paraná Rio Grande do Sul Rio Grande do Sul Rio Grande do Sul Curitiba Pato Branco Campo Bom Porto Alegre São Leopoldo Centro Internacional de Tecnologia de Software, International Center of Software Technology, (CITS) Parque Tecnológico de Pato Branco, Pato Branco Technology Park Parque Tecnológico do Vale do Sinos, Technology Park of Vale dos Sinos, (VALETEC) Parque Científico e Tecnológico da PUC-RS, Technology Park of PUC-RS, (TECNOPUC) Parque Tecnológico São Leopoldo, Technology Park of São Leopoldo, (TECNOSINOS) Santa Catarina Blumenau Parque Tecnológico de Blumenau, Technology Park of Blumenau, (ParqueBLU) Santa Catarina Florianópolis Parque Tecnológico Alfa, Alfa Technology Park Santa Catarina Florianópolis Sapiens Parque, Sapiens Park These parks promote the culture of innovation, competitiveness, and entrepreneurship. Tecnopuc, for instance, is located in Porto Alegre and managed by PUC University, housing 81 companies, 8 business associations, and 12 research structures that, together, total over 5,600 jobs 16 as well as companies such as Dell, Accenture, Microsoft, HP, Stefanini and TOTVS. The park is home to work in information technology, communications, electronics, energy, environment, biotechnology, and the creative industry 17. The Porto Digital in Recife, by its turn, was founded in 2000 and in 2012 already had more than 200 companies employing 6,500 professionals. In 2010, these 200 companies had combined annual revenue of US$500 million. 18 It hosts companies like IBM, Microsoft, Accenture, and Oi. 16 Apresentação Tecnopuc, 2013; link: last accessed on 03/26/ Parque Científico e Tecnológico da PUCRS PUCRS, 2012; Link: p.24; Last accessed on 02/24/ No Porto Digital, os setores da Tecnologia da Informação e Comunicação e Economia Criativa são ferramentas de desenvolvimento econômico e social Porto Digital, 2012; Link: Last accessed on 02/24/

13 3.3 RESEARCH CENTERS AND INSTITUTES Brazil currently has 68 research institutes accredited by the MCTI 19. Some centers, institutes and networks are listed here just as examples of the reach of competences throughout Brazil. The Brazilian System of Technology (SIBRATEC) was established to support enterprises in increasing current levels of innovation, adding value through higher productivity and increasing competitiveness. SIBRATEC has the following strategic priorities 20 : Expand and consolidate the National Science, Technology and Innovation System Promote technological innovation Promote R&D in strategic areas Promote science, technology and innovation for social development SIBRATEC also provides incentives for the establishment and consolidation of technology-intensive companies, prioritizing enterprises engaged with local technology development through the following mechanisms: Provision of metrology, extension, assistance, and technology transfer services Financial support to R&D and placement of researchers in the private sector Cooperation between enterprises and science and technology institutions Training and development of companies staff engaged within the innovation sector SIBRATEC Network related to IT: Technological Services, Brazil, 2011 (Source: MCTI 21 ) SIBRATEC's Technological Services Network Coordination Number of laboratories Situation E lectronic products and devices ICT applicable to new medias: Digital TV, wireless communication and Internet Renato Archer Information Technology Center - CTI Fundação Centro de Análise, Pesquisa e Inovação Tecnológica, Foundation Center of Analysis, Research and Technological Innovation (FUCAPI) 21 Implemented 9 Implemented 19 Relação de Instituições Credenciadas MCTI, 2014; Link: scricao=centro+ou+instituto+de+pesquisa&ufconsulta=todas; Last accessed on 02/20/ SIBRATEC Brazilian System of Technology Science and Technology for Brazilian Enterprises, MCTI, 2010, link p.2 Last Accessed on 02/21/ Redes Temáticas de Serviços Tecnológicos MCTI, 2011; link: p.2 ; Last accessed 02/18/

14 3.4 INCTs The National Institutes of Science and Technology (INCTs) are multicentric research centers coordinated by the MCTI. Launched in July, 2008, INCTs have become an important platform to promote ST&I in Brazil, reaching 126 units in 2012 and a funding of over US$ 310 million. Its main objective is to drive and coordinate into networks the best research groups in the field of Science of science, and in areas of strategic importance for the sustained development of Brazil, it also aims to foster pure basic research 22 at a world class level, and to promote scientific and technological research, in close cooperation with the Brazilian System of Technology (SIBRATEC). INCTs programs are not only for academic research, but also to ensure that technology is actually transferred and applied to companies. There are 9 INCTs focused on Engineering and ICT. INCTs focused on Engineering and ICT (Source: CNPq) 23 Eldorado Institute is a national non-profit civil association that aims to develop R&D services focused on research, development, and innovation in the areas of software, hardware, systems, processes, trials and testing of electronic products, and professional training in these areas. The institute has a highly qualified management staff and processes are certified by important international standards. Altogether, it has 500+ employees distributed into the following 3 units: Campinas (main operations), Brasília, and Porto Alegre. Center for Advanced Research Wernher Von Braun (VON BRAUN) 24 Founded in 1997, the center works to develop technological solutions in the areas of software (IT systems through embedded applications) and hardware (semiconductor equipment and components) in innovation solutions for intelligent transportation systems (ITS), automation and retail intelligence, automotive systems, Big Data, tools for structuring services, and applications for media consumption. It has three units, two in Campinas and one in São Paulo. Other partners include companies such as Microsoft, Epson, Samsung, Lenovo, Honeywell, and Uol. 22 Note: Pure basic research is defined as Pure basic research is research carried out for the advancement of knowledge, without working for long-term economic or social benefits and with no positive efforts being made to apply the results to practical problems or to transfer the results to sectors responsible for its application Source: Glossary of Statistical Terms, OECD link https://stats.oecd.org/glossary/detail.asp?id=2206 Last Accessed: December/ Centro de Pesquisas Avançadas Wernher Von Braun Von Braun, 2013; link: last accessed on 04/04/

15 3.5 Renato Archer Information Technology Center (CTI) CTI conducts research and development in many strategic areas, such as micro and nano electronics, systems, software and IT applications, e.g. robotics, decision support systems and 3D technologies for industry and medicine. With strong interaction with universities, research centers and industry, CTI is located in Campinas, State of São Paulo, and hosts 300 researchers in 10 laboratories. Among the many centers in Brazil, the Recife Center for Advanced Studies and Systems (C.E.S.A.R), for example, was established in 1996 as a private institution. Since then, it has been developing products and services covering the entire innovation process from ideation to project execution for the telecommunications, electronics, commercial automation, finance, media, energy, health, and agribusiness industries, having over 550 employees. Motorola, Samsung, Vivo, Oi, Positivo, Dell, Visanet, Bematech, Bradesco, Unibanco, Banco Central do Brasil, Siemens and Philips are some of the enterprises that have been working with C.E.S.A.R. Examples of actual results from C.E.S.A.R. include 25 : Assisted Motorola in the creation of the company s Brazil Test Center for verification and validation of cell phone software sold worldwide Participated in the Instinct Project with the European community, for the development of digital television technologies Partnered with IBM in the development of solutions at OSGi Alliance, an international consortium for the development of a process that ensures interoperability of applications and services based on its integration platform Partnered with Intel, Popcatcher, AW-G, and Sensaura for the development of technology to capture songs in real time with the use of artificial intelligence 3.6 GOVERNMENT SUPPORT The Brazilian government recognizes both the importance of developing a strong IT industry capable of supporting innovation among various national sectors and the need to strengthen it to compete internationally. Consequently, several programs and sources of funding are providing support to stimulate the Brazilian IT industry. This report lists only some of the several initiatives being developed by the Federal Government. Many additional programs, incentives and financing initiatives are also developed by the States and Municipalities throughout Brazil. 3.7 Strategic components Government is significantly investing in initiatives to stimulate the microelectronics sector. The National Microelectronics Program (PNM) has the objective of attracting integrated circuit (IC) design houses and national integrated circuit production companies. The program also provides training to increase the qualification of the workforce. In 2005, the IC-Brazil Program was created to increase the country s competitiveness in the IC market, by attracting companies specialized in IC 25 Organização C.E.S.A.R., 2013; Link: Last accessed on 02/24/

16 development. This would stimulate the development of design houses, and promote scholarships for professionals interested in specializing in IC. In 2007, PADIS was created. This program has provided many incentives and tax exemptions to increase the national production of semiconductors. Companies such as CEITEC, HT Micron, Smart Modular Technologies, and some design houses have already benefited from this law. Ultimately, the main targets of PADIS are to increase the country s competences in designing and developing semiconductors and displays, and to benefit other segments that rely on these technologies, such as medical devices and aerospace. 3.8 National Center for Advanced Electronic Technology (CEITEC) CEITEC is a company established in 2008 by the federal government with the purpose of developing and producing semiconductors in Brazil. Its existence is strategic to establish a nationwide microelectronics industry. The center has approximately 70 designers and operates in the design, prototyping, and manufacturing of integrated circuits. Among the areas of technological development, the CEITEC focuses on the ones related to radio-frequency identification (RFID), wireless communication, and digital media technologies. Prominent projects include 26 microchips for livestock, WiMAX chips, chips for civil identity cards and passports and chips for modulators of digital TV. 3.9 Software and IT Services TI Maior Program TI Maior Program is a strategic program launched in 2012 to develop the software and IT services industry in Brazil. The program aims to strengthen the local software and IT services industry, as well as to support the development of technology companies. TI Maior Program also intends to develop a qualified workforce and to stimulate R&D activities by increasing the interaction among research groups and companies. 26 CEITEC S.A CI-Brasil, 2013; link: Last accessed on 03/09/

17 TI Maior Program Goals (Source MCTI) 27 To reach these goals and increase the Brazilian IT industry s competitiveness, the program will invest approximately US$250 million. 28 From 2012 to 2015, a total of US$220.6 million 29 will be invested in software for strategic sectors and technologies. Figure 13 shows the strategic sectors that will receive investments through TI Maior Program. Software for aerospace/aeronautics, high-performance computing, and games, internet, and mobility will receive the most investment. 27 TI Maior Programa Estratégico de Software e Serviços de Tecnologia da Informação MCTI, 2012; Link : ; p 13; Last accessed on 01/08/ TI Maior Programa Estratégico de Software e Serviços de Tecnologia da Informação MCTI, 2012; Link : ; The value reflects the sum of the investments employed in each area of the program, according to the mentioned file and adjusted in US dollars. Final estimate was done by Frost & Sullivan; Last accessed on 02/08/ TI Maior Programa Estratégico de Software e Serviços de Tecnologia da Informação MCTI, 2012; Link : ; The number reflects the sum of the investments made in the different areas considered in the digital ecosystem. Final estimate was done by Frost & Sullivan; Last accessed on 02/08/

18 The National Strategy for Science, Technology and Innovation (ENCTI) The National Strategy for Science, Technology and Innovation (ENCTI) also established the directives that are guiding the country s efforts to stimulate innovation from 2012 to The estimated sum to be invested within ENCTI from 2012 to 2015 is US$38.2 billion 30, which will be funded by federal resources, state-owned companies, and state-owned foundations that foster research. The specific program for aerospace in Brazil is the National Program of Spatial Activities , PNAE focus on domestic investment in technologies covering remote sensing, meteorology, and telecommunications to meet the country s demand for security, digital inclusion, civil defense, climate change, exploration of natural resources, and environmental control. High-performance computing was also considered a strategic area. It can be used in several fields of knowledge, such as defense and security, monitoring of ocean temperatures, seismic modeling, genetic mapping, and aerodynamics. Mobility, Internet, and gaming were also considered key areas because of the fast growth of mobile devices and Internet penetration in Brazil. Among the actions in this area are efforts to achieve the following: increase the development of technologies applicable to the Internet of Things, foster the creation of a developer community specializing in HTML5, stimulate research on IPV6. 30 Estratégia Nacional de Ciência, Tecnologia e Inovação MCTI, 2012, link: p. 90; Last accessed on 02/24/

19 TI Maior Program aims to attract four IT companies to establish global R&D centers in Brazil. In order to achieve this goal the program will invest US$7.7 million. TI Maior Program will also support the Brazilian researchers with scholarships to work in these R&D centers. Regarding this initiative, 5 companies or institutes (IBM, Intel, ITVale, CPqD, and Freescale) will benefit from US$ 3.2 million in scholarships. In return, these companies or institutes will then invest US$ 11.2 million in R&D in the country. 31 START-UP Brasil: Start-up Brazil intends to foster 150 start-ups in three years, focused on software and IT services (25 percent of them can be international startups that wish to develop in Brazil) by investing US$20.5 million. In addition to the funding support, the program will create a network composed of mentors, investors, infrastructure, consulting services, and partnerships with universities and research labs. Participants will also be assisted in positioning their services or products in the market. Accelerators Selected for Start-up Brazil (Source: MCTI) Wayra Papaya Aceleratech Acelera MGTI Outsource Brazil Ventiur.net Start You Up Pipa Acelera Cimatec Baita Wow C.E.S.A.R Labs Acelera Partners TechMall The project targets national and international companies that are no older than 3 years and that aim to develop innovative products or services. These companies must use software or IT services as part of their solution. The selected companies will receive up to US$102,000 each 33 and support from an acceleration program that provides physical infrastructure, mentoring, and other sources of funding. The accelerators will invest from US$10,200 to US$51,000 on each selected start-up in exchange for a shareholding percentage. 31 TI Maior apoiará cinco centros de pesquisa e desenvolvimento - MCTI, 2013, link: Last accessed on 02/24/ Link: Last accessed on 03/20/ Empreendedores Start-up Brasil/MCTI 2013; Link: ; Last accessed on 02/08/

20 4 FISCAL INCENTIVES 4.1 Basic Productive Process (PPB) An important public policy instrument in the sector is the Basic Productive Process (PPB). This instrument regulates the value-added process in manufacturing, in order to fulfill the requirements of other policies, such as the Information Technology Law. 34 The federal government uses PPB as a requirement for granting tax incentives. The IT or automation companies that comply with the PPB and fill the required investment in R&D can benefit from the Information Technology Law, which reduces the tax on industrialized products. 4.2 Goodwill Law Law /05, also known as Lei do Bem (Good Law), provides tax incentives for companies of all sectors that are involved in R&D. Main Benefits of Good Law (Source: MCTI) 35 There will be a deduction of R&D expenses from the income tax, including the ones with universities and research institutions. Up to 80% of the R&D expenses is reduced in Imposto de Renda de Pessoa Jurídica, Corporate Income Tax, (IRPJ) and in the Contribuição Social Sobre Lucro Líquido, Social Contribution on Net Income, (CSLL). There is a 50% reduction in the IPI in the purchase of equipment for R&D. There is immediate depreciation of equipment purchased with an R&D purpose. Accelerated amortization of expenditures will occur with the acquisition of intangible assets for R&D. Income tax withholding on foreign remittances intended for registering and maintaining trademarks and patents will be reduced to zero. 34 PPB Desenvolvimento.gov 2013; Link:http://www.desenvolvimento.gov.br/sitio/interna/interna.php?area=2&menu=1103 ; Last accessed on 01/08/ FAQ Lei do Bem MCTI 2013; link: ; Last accessed on 01/08/

Challenges and opportunities in the Digital World: Brazil perspective

Challenges and opportunities in the Digital World: Brazil perspective Challenges and opportunities in the Digital World: Brazil perspective Virgilio A. F. Almeida National Secretary for Information Technology Policies Ministry of Science, Technology and Innovation São Paulo,

More information

Belo Horizonte and Rio de Janeiro, October 15th 2015

Belo Horizonte and Rio de Janeiro, October 15th 2015 Belo Horizonte and Rio de Janeiro, October 15th 2015 Minas Gerais: a large and important state 226,000 square miles (Larger than France or Spain) 20 million people (Comparable to Australia) 2 nd largest

More information

Minds Conference on Financial Institutions for Innovation and Development

Minds Conference on Financial Institutions for Innovation and Development Minds Conference on Financial Institutions for Innovation and Development Session 4: Challenges of financing innovation Julio Ramundo BNDES Rio de Janeiro, 28 June 2013 Innovation as consensus Comparing

More information

Technological Innovation in Brazil - Data Report

Technological Innovation in Brazil - Data Report Technological Innovation in Brazil - Data Report Maria Cecília Junqueira Lustosa Universidade Federal de Alagoas, Brazil cecilialustosa@hotmail.com This data report is part of the project The PBR-5 Network

More information

1Q06 Earnings Results Conference Call

1Q06 Earnings Results Conference Call 1Q06 Earnings Results Conference Call 0 Forward Looking Statements Notice Information and Outlook The material shown is a presentation of general information about Rossi Residencial S.A. s record until

More information

December/2003. Corporate Presentation

December/2003. Corporate Presentation December/2003 Corporate Presentation General Overview 1 HIGHLIGHTS Integrated Telecom Service Provider 15.1 million wirelines in service (Dec/03) Over 4.0 million wireless subscribers (Jan/04) Region I

More information

Brazil February Production Update and Weekly Crop Condition Report

Brazil February Production Update and Weekly Crop Condition Report February 27, 2014 Informa Economics South American Crop Reporting Service Brazil February Production Update and Weekly Crop Condition Report The Informa Economics staff in Brazil conducted its survey between

More information

Manaus Free Trade Zone. Meeting with Taipei Delegation Brasília, October 25 th, 2013

Manaus Free Trade Zone. Meeting with Taipei Delegation Brasília, October 25 th, 2013 Manaus Free Trade Zone Meeting with Taipei Delegation Brasília, October 25 th, 2013 MANAUS FREE TRADE ZONE (ZFM) MANAGEMENT MODEL PRESIDENCY OF THE REPUBLIC Ministry of Development, Industry and Foreign

More information

A Basic Primer for a Complex Country Ramon Frias Charles Maniace

A Basic Primer for a Complex Country Ramon Frias Charles Maniace More content. More experts. More answers. Indirect Taxation in Brazil A Basic Primer for a Complex Country Ramon Frias Charles Maniace Senior Tax Research Counsel Director - Tax Housekeeping This is one

More information

Internationalization of Brazilian Software Companies, the role of public financing and public and private venture capital

Internationalization of Brazilian Software Companies, the role of public financing and public and private venture capital Internationalization of Brazilian Software Companies, the role of public financing and public and private venture capital Fabio Marinho, Federal University of Rio de Janeiro Claudia Pavani, University

More information

partnership This study is an initiative of BRBIOTEC Brasil (the Brazilian Association of Biotechnology) within the scope of Brazilian Biotechnology

partnership This study is an initiative of BRBIOTEC Brasil (the Brazilian Association of Biotechnology) within the scope of Brazilian Biotechnology Brazil Biotech Map 2011 2 partnership This study is an initiative of BRBIOTEC Brasil (the Brazilian Association of Biotechnology) within the scope of Brazilian Biotechnology Promotion Project a partnership

More information

K.U.Leuven cooperation with Brazil. Landenexpertengroep Brazilië 19 december 2011

K.U.Leuven cooperation with Brazil. Landenexpertengroep Brazilië 19 december 2011 K.U.Leuven cooperation with Brazil Landenexpertengroep Brazilië 19 december 2011 Funding opportunities for Cooperation with Brazil Brazilian Funds: Science without Borders K.U.Leuven Funds (Latin America

More information

BANK BRADESCO FORM 6-K/A. (Amended Report of Foreign Issuer) Filed 07/18/13 for the Period Ending 09/30/13

BANK BRADESCO FORM 6-K/A. (Amended Report of Foreign Issuer) Filed 07/18/13 for the Period Ending 09/30/13 BANK BRADESCO FORM 6-K/A (Amended Report of Foreign Issuer) Filed 07/18/13 for the Period Ending 09/30/13 CIK 0001160330 Symbol BBD SIC Code 6022 - State Commercial Banks Industry Regional Banks Sector

More information

Effectiveness of Fiscal Incentives to Attract IT Investments: A Brazilian Case 1

Effectiveness of Fiscal Incentives to Attract IT Investments: A Brazilian Case 1 Sá (2003) Effectiveness of Fiscal Incentives to Attract IT Investments: A Brazilian Case, In: AMERICAS CONFERENCE ON INFORMATION SYSTEMS, 2003, Tampa, Florida, USA. Proceedings Tampa: AIS, 2003. (This

More information

Certifications in Bradesco Organization

Certifications in Bradesco Organization Certifications in Bradesco Organization 185 196 209 211 216 208 194 2 6 7 11 28 39 49 56 81 106 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Referencia: 12/2012

More information

COMPANY OVERVIEW. Feb 2012. Fast Company Brazil 2009-2012 All rights reserved

COMPANY OVERVIEW. Feb 2012. Fast Company Brazil 2009-2012 All rights reserved COMPANY OVERVIEW Feb 2012 Fast Company Brazil 2009-2012 All rights reserved Summary What we do? Performance Areas Our services Differentiated approach Compensation Models Why Brazil? Brazil in Brief Information

More information

2 nd Annual LatAm International Mining Conference 13 14 March 2013, Rio de Janeiro, Brazil

2 nd Annual LatAm International Mining Conference 13 14 March 2013, Rio de Janeiro, Brazil 2 nd Annual LatAm International Mining Conference 13 14 March 2013, Rio de Janeiro, Brazil The Significance of the Mining Industry for Brazil 13 March, 2013 PRESENTATION IBRAM Brazilian Mining Association

More information

UNCOVERING OPPORTUNITIES IN THE BIOTECH SECTOR - BRAZIL

UNCOVERING OPPORTUNITIES IN THE BIOTECH SECTOR - BRAZIL UNCOVERING OPPORTUNITIES IN THE BIOTECH SECTOR - BRAZIL INTRODUCTION BY INNOVATION CENTRE DENMARK IN SAO PAULO BRAZILIAN BIOTECHNOLOGY SECTOR The Ministry of Science, Technology and Innovation (MCTI) considers

More information

CERTI. R&D Institute Private non profit organization Originated from the Federal University of Santa Catarina

CERTI. R&D Institute Private non profit organization Originated from the Federal University of Santa Catarina Fundação CERTI 22 years innovating Laercio Aniceto Silva Florianópolis, SC-Brazil May 2007 COPYRIGHT 2007 - Fundação CERTI 1 CERTI Foundation R&D Institute Private non profit organization Originated from

More information

Banco Bradesco S.A. Calendar of Corporate Events 2012

Banco Bradesco S.A. Calendar of Corporate Events 2012 Information on the Company Banco Bradesco S.A. Calendar of Corporate s 2012 Company Name Banco Bradesco S.A. Corporate Head Office Address Cidade de Deus, Vila Yara, Osasco, SP Internet Address www.bradesco.com.br

More information

NEW INVESTMENT OPPORTUNITIES IN INFRASTRUCTURE

NEW INVESTMENT OPPORTUNITIES IN INFRASTRUCTURE Associação Brasileira da Infra-estrutura e Indústrias de Base (Brazilian Association of Infrastructure and Basic Industries) NEW INVESTMENT OPPORTUNITIES IN INFRASTRUCTURE Paulo Godoy President XII Joint

More information

Biotech in Brasil Cluster Minas Gerais. V Seminário de Negócios

Biotech in Brasil Cluster Minas Gerais. V Seminário de Negócios Biotech in Brasil Cluster Minas Gerais V Seminário de Negócios Biotechnology Brasil Biotechnology Brasil The Brazil stands out, along with Russia, India, China and South Africa, as a major emerging country

More information

Brazil. Challenges in the Market

Brazil. Challenges in the Market Brazil Type of Market: Large/Emerging Brazil has strong Health IT market potential for U.S. companies during this report s three-year time horizon, as sector development is currently at an early stage,

More information

1. SENAI Overview. 2. CIMATEC Overview 3. SENAI CIMATEC IDH

1. SENAI Overview. 2. CIMATEC Overview 3. SENAI CIMATEC IDH IDH 1. SENAI Overview 2. CIMATEC Overview 3. SENAI CIMATEC IDH The SENAI Model Creation 22/01/1942 Decree-law 4.048 Getúlio Vargas (President) To attend the urgent need for manpower training in the emerging

More information

F&R Engenheiros Consultores SC

F&R Engenheiros Consultores SC To W3C Rio de Janeiro, April 17, 2008 Subject : Participation on W3C Workshop on Mobile Web in Developing Countries and Mobile egov I am a Senior partner of Fang&Ripper Consulting Engineers a company focused

More information

3Q07 Results Conference Call. November 14 th 2007 I SÃO PAULO

3Q07 Results Conference Call. November 14 th 2007 I SÃO PAULO 3Q07 Results Conference Call November 14 th 2007 I SÃO PAULO Speakers Cesar Augusto R. Parizotto CEO Marco Antonio R. Parizotto Commercial Vice President Ricardo Perpetuo CFO and IRO José Alexandre Hamer

More information

FLRY3. June, 2011. IBGC s 2010 Corporate Governance award in the category for listed companies. IBGC - Brazilian Institute of Corporate Governance

FLRY3. June, 2011. IBGC s 2010 Corporate Governance award in the category for listed companies. IBGC - Brazilian Institute of Corporate Governance FLRY3 IBGC s 2010 Corporate Governance award in the category for listed companies IBGC - Brazilian Institute of Corporate Governance June, 2011 TODOS OS DIREITOS RESERVADOS 2010 Our business A Medical

More information

The Top Logistics Hubs Panel

The Top Logistics Hubs Panel The Top Logistics Hubs Panel Brazil: Minas Gerais Multimodal Logistics Platform Luiz Antônio Athayde Vasconcelos Undersecretary for Strategic Investments 1 Backgrouds 2 Broad Structural Plan of the Northern

More information

Geovisualization of the Academic Trajectories of Brazilian Researchers

Geovisualization of the Academic Trajectories of Brazilian Researchers Geovisualization of the Academic Trajectories of Brazilian Researchers Caio Alves Furtado, Thamara Karen Andrade, Clodoveu A. Davis Jr. Departamento de Ciência da Computação Universidade Federal de Minas

More information

Effectiveness Of Fiscal Incentives To Attract IT Investments: A Brazilian Case 1

Effectiveness Of Fiscal Incentives To Attract IT Investments: A Brazilian Case 1 Effectiveness Of Fiscal Incentives To Attract IT Investments: A Brazilian Case 1 Luciana Sá, Sabrina Marczak *, Jorge Audy, Jairo Avritchir Pontifícia Universidade Católica do Rio Grande do Sul PUCRS Computer

More information

São Paulo, Number 1 State in Brazil

São Paulo, Number 1 State in Brazil São Paulo, Number 1 State in Brazil Sergio Costa Director January 2014 Investment Promotion Agency Mission Being the gateway to new investments or expansion of existing businesses, generating innovation,

More information

Sergio R. Yates Pontifical Catholic University of Rio de Janeiro, Genesis Institute syates@puc-rio.br. Priscila P. O Reilly Castro

Sergio R. Yates Pontifical Catholic University of Rio de Janeiro, Genesis Institute syates@puc-rio.br. Priscila P. O Reilly Castro 1 The Role of a Brazilian Business Incubator in Catalyzing a Response to Economic Downturn by Executing Government Innovation and Entrepreneurship Supportive Programs Sergio R. Yates Pontifical Catholic

More information

Banco Bradesco S.A. Calendar of Corporate Events - 2011

Banco Bradesco S.A. Calendar of Corporate Events - 2011 Calendar of Corporate s - 2011 Information on the Company Company Name Corporate Head Office Address Internet Address Investor Relations Officer Investor Relations Contact Newspapers in which corporate

More information

BRAZIL MEANS BUSINESS. In spite of the world financial crisis, Brazil remains an appealing business destination.

BRAZIL MEANS BUSINESS. In spite of the world financial crisis, Brazil remains an appealing business destination. BRAZIL MEANS BUSINESS In spite of the world financial crisis, Brazil remains an appealing business destination. GDP compared Latin America (in trillions of US$) REGIONAL DISPARITIES % of total GDP (2008)

More information

POSITIVO GRUPO POSITIVO

POSITIVO GRUPO POSITIVO POSITIVO 6 GRUPO POSITIVO PROFILE With a presence in more than 40 countries, Positivo s origin and main focus of activity is education. In Brazil, around nine thousand employees work on the development

More information

How to improve the Banco Santander Brasil business model by analyzing opportunities of Cross Sell

How to improve the Banco Santander Brasil business model by analyzing opportunities of Cross Sell Case Study - 2012 How to improve the Banco Santander Brasil business model by analyzing opportunities of Cross Sell Is it possible to increase client relationship efficiency and revenue by collect, analyze

More information

2Q07 Results Conference Call. August 16, 2007 I SÃO PAULO

2Q07 Results Conference Call. August 16, 2007 I SÃO PAULO 2Q07 Results Conference Call August 16, 2007 I SÃO PAULO Speakers Cesar Augusto R. Parizotto CEO Marco Antonio R. Parizotto Commercial Vice President Antonio Henrique Neves Commercial Vice-President Ricardo

More information

Dealing with tax complexities in Brazil

Dealing with tax complexities in Brazil Dealing with tax complexities in Brazil By: Dudley Juana Anderson Dutra AGENDA Tax complexities in Brazil 1. Overview of main taxes in Brazil IRPJ and CSLL Gross Revenue Taxes: PIS and COFINS Indirect

More information

THE EVOLUTION OF THE POPULATION- BASED CANCER REGISTRIES IN BRAZIL: A PERFORMANCE EVALUATION

THE EVOLUTION OF THE POPULATION- BASED CANCER REGISTRIES IN BRAZIL: A PERFORMANCE EVALUATION 2nd International Cancer Control Congress November 25 to 28, 07 THE EVOLUTION OF THE POPULATION- BASED CANCER REGISTRIES IN BRAZIL: A PERFORMANCE EVALUATION Cláudio Pompeiano Noronha; Gulnar Azevedo Mendonça;

More information

Doing Business in. Rio Grande do Sul. April 2015

Doing Business in. Rio Grande do Sul. April 2015 Doing Business in Rio Grande do Sul April 2015 TOTAL GDP US$ 3,38 TRILLION VENEZUELA URUGUAY PARAGUAY ARGENTINA BRAZIL POPULATION 295 MILLION INHABITANTS Source: http://www.mercosur.int e Banco Mundial

More information

Banco Bradesco S.A. Calendar of Corporate Events - 2010

Banco Bradesco S.A. Calendar of Corporate Events - 2010 Calendar of Corporate s - 2010 Information on the Company Company Name Corporate Head Office Address Internet Address Investor Relations Officer Investor Relations Contact Newspapers in which corporate

More information

Public Funding and the Beginning of a New Era in Higher Education in Brazil

Public Funding and the Beginning of a New Era in Higher Education in Brazil 80 Comparative & International Higher Education 5 (2013) Public Funding and the Beginning of a New Era in Higher Education in Brazil Danilo de Melo Costa a,* a Federal University of Minas Gerais, Brazil

More information

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K/A

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K/A 6-K/A 1 bbd20110812_6ka.htm CALENDAR OF CORPORATE EVENTS - 2011 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K/A REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16

More information

South Korea Information and Communication Industry

South Korea Information and Communication Industry South Korea Information and Communication Industry Compiled by: Swiss Business Hub Korea Seoul, August 2011 Korea s ICT industry is divided into the ICT equipment, telecommunications services and software

More information

Leverage the Competitiveness of Micro, Small and Medium Size Enterprises in Brazil. Rita Pinheiro-Machado

Leverage the Competitiveness of Micro, Small and Medium Size Enterprises in Brazil. Rita Pinheiro-Machado Intellectual Property as a Tool to Leverage the Competitiveness of Micro, Small and Medium Size Enterprises in Brazil Rita Pinheiro-Machado General Coordinator of Regional Action Summary Brazil ST&I indicators

More information

LOCAMERICA USED CARS REVENUE

LOCAMERICA USED CARS REVENUE LOCAMERICA Locamerica is a company that specializes in customized car rental fleets for business. Our car rental company has been in the market since 13. Now we occupy the second place in the Brazilian

More information

Conference Call Santander Acquiring / Conta Integrada. São Paulo, 18 th March of 2010

Conference Call Santander Acquiring / Conta Integrada. São Paulo, 18 th March of 2010 Conference Call Santander Acquiring / Conta Integrada São Paulo, 18 th March of 2010 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Positive Macroeconomic Scenario

More information

Brazilian perspec-ve on the future of learning and teaching.

Brazilian perspec-ve on the future of learning and teaching. Brazilian perspec-ve on the future of learning and teaching. Prof. Maria Paula Dallari Bucci University of São Paulo- Brasil, Faculty of Law Former Chairperson of Brazilian Higher EducaFon Secretary, Ministry

More information

Titolo Lorem ipsum dolor sit ametejsdjdijn

Titolo Lorem ipsum dolor sit ametejsdjdijn Titolo Lorem ipsum dolor sit ametejsdjdijn Agenda The Erasmus Mundus programme BE MUNDUS: what it offers Who can apply Destinations Scholarships How to apply 2 The Erasmus Mundus programme Erasmus Mundus

More information

Overview of the Brazilian Tax System

Overview of the Brazilian Tax System Brazil Upstream Guide Overview of the Brazilian Tax System Upstream taxation and foreign investment 2 I. Overview of the Brazilian Tax System... 3 I.1 Introduction... 3 I.1.A Federal Taxes... 4 I.1.A.1.

More information

Labs D Or Acquisition

Labs D Or Acquisition FLRY3 IBGC 2010 Corporate Governance Award Listed Companies IBGC - Brazilian Institute of Corporate Governance Labs D Or Acquisition TODOS OS DIREITOS RESERVADOS 2011 2 Disclaimer This document contains

More information

ENVIRONMENTAL PERFORMANCE REVIEW OF BRAZIL. Main findings and recommendations

ENVIRONMENTAL PERFORMANCE REVIEW OF BRAZIL. Main findings and recommendations ENVIRONMENTAL PERFORMANCE REVIEW OF BRAZIL Main findings and recommendations Nathalie Girouard and Ivana Capozza OECD Environment Directorate Brasília, 4 November 2015 Outline Brazil s economic and social

More information

How to reposition the energy sector s role in economic development, through innovation policies

How to reposition the energy sector s role in economic development, through innovation policies 1st Policy dialogue on energy efficiency in Latin America and the Caribbean: towards sustainable institutionalities How to reposition the energy sector s role in economic development, through innovation

More information

Credit Suisse II Brazil Construction & Mortgage Field Trip. August 30th, 2007 SÃO PAULO

Credit Suisse II Brazil Construction & Mortgage Field Trip. August 30th, 2007 SÃO PAULO Credit Suisse II Brazil Construction & Mortgage Field Trip August 30th, 2007 SÃO PAULO Speakers Cesar Parizotto CEO Marco Parizotto Commercial Vice-president Ricardo Perpetuo CFO and IRO 2 Agenda Chapter

More information

5th Brazil Infrastructure Investments Forum Cesar Cunha Campos

5th Brazil Infrastructure Investments Forum Cesar Cunha Campos 5th Brazil Infrastructure Investments Forum Cesar Cunha Campos Director, FGV Projetos diretoria.fgvprojetos@fgv.br New York, November 2014 Ports - Railways - Airports - Public-Private Partnerships (PPP/P3):

More information

Porto Seguro S.A. March 2007

Porto Seguro S.A. March 2007 Porto Seguro S.A. March 2007 Porto Seguro Highlights Porto Seguro Highlights Beginning of activities Largest insurance group in Brazil Leader in auto insurance R$ billion Written Premiums in 2006 Direct

More information

Karnataka Electronic System Design and Manufacturing (ESDM) Policy 2013

Karnataka Electronic System Design and Manufacturing (ESDM) Policy 2013 Karnataka Electronic System Design and Manufacturing (ESDM) Policy 2013 1 Preamble 1. Electronic System Design and Manufacturing (ESDM) is the fastest growing segment of the Information and Communications

More information

Ministry of Development, Industry and Foreign Trade. Igor Manhães Nazareth Director of Innovation

Ministry of Development, Industry and Foreign Trade. Igor Manhães Nazareth Director of Innovation Ministry of Development, Industry and Foreign Trade Igor Manhães Nazareth Director of Innovation Table of Contents 1. Overview of Innovation Environment 2. Policies, Plans & Programs to Support Innovation

More information

NORONHA ADVOGADOS GLOBAL LAWYERS

NORONHA ADVOGADOS GLOBAL LAWYERS NORONHA ADVOGADOS GLOBAL LAWYERS São Paulo Rio de Janeiro Brasília Curitiba Recife Belo Horizonte Campo Grande London Lisbon Shanghai Beijing Miami Buenos Aires Johannesburg New Delhi Opportunities and

More information

AGENDA: Highlights Operational Performance Stock Market Business Strategy and Outlook

AGENDA: Highlights Operational Performance Stock Market Business Strategy and Outlook 0 Disclaimer This presentation contains forward-looking statements relating to the prospects of the business, estimates for operating and financial results, and those related to Cia. Hering's growth prospects.

More information

Investor Relations 2Q12 HIGHLIGHTS. Brasil Insurance Reports 2Q12 Financial Results

Investor Relations 2Q12 HIGHLIGHTS. Brasil Insurance Reports 2Q12 Financial Results Investor Relations Luis Eduardo Fischman Investor Relations Officer (55 21) 3626-1550 ri@brasilinsurance.com.br 2Q12 Earnings Conference Call Tuesday, August 14, 2012 Brasil Insurance Reports 2Q12 Financial

More information

Min. Guido Mantega. November 2009

Min. Guido Mantega. November 2009 New Cycle of Brazilian Economic Growth Financial i Times Min. Guido Mantega November 2009 Reasons to begin a new growth cycle Brazil faced the crisis with a strong economy; Emerged from it stronger than

More information

THE BRAZILIAN EXPERIENCE IN THE DEVELOPMENT OF HUMAN RESOURCES IN METROLOGY

THE BRAZILIAN EXPERIENCE IN THE DEVELOPMENT OF HUMAN RESOURCES IN METROLOGY XX IMEKO World Congress Metrology for Green Growth September 9-14, 2012, Busan, Republic of Korea THE BRAZILIAN EXPERIENCE IN THE DEVELOPMENT OF HUMAN RESOURCES IN METROLOGY G. M. Rocha 1, R. P. Landim

More information

CALL FOR PROMOTION OF RESEARCHER CONNECT TRAINING COURSES FOR COMMUNICATION SKILLS IN 17 BRAZILIAN STATES

CALL FOR PROMOTION OF RESEARCHER CONNECT TRAINING COURSES FOR COMMUNICATION SKILLS IN 17 BRAZILIAN STATES CALL FOR PROMOTION OF RESEARCHER CONNECT TRAINING COURSES FOR COMMUNICATION SKILLS IN 17 BRAZILIAN STATES 1. Overview This call aims at selecting higher education institutions in 17 Brazilian states to

More information

Brazil. PAC s Investment Opportunities ROBERTO GARIBE. Special Advisor

Brazil. PAC s Investment Opportunities ROBERTO GARIBE. Special Advisor Brazil PAC s Investment Opportunities ROBERTO GARIBE Special Advisor Staff House of the Presidency of the Republic PAC S INVESTMENTS PAC Growth Acceleration Program In 2007 PAC 1 To accelerate the pace

More information

Metropolitan Regions in Brazil: sharing a federative governance experience

Metropolitan Regions in Brazil: sharing a federative governance experience Metropolitan Regions in Brazil: sharing a federative governance experience Dr. Marco Aurélio Costa Technician on Planning and Research / IPEA Network National Coordinator IPEA - Institute for Applied Economic

More information

Agenda. Who we are. Mills Divisions. Growth Plan

Agenda. Who we are. Mills Divisions. Growth Plan Mills Presentation Disclaimer This presentation may include declarations about Mills expectations regarding future events or results. All declarations based upon future expectations, rather than historical

More information

BNDES: Fostering Sustainability for Cultural Institutions

BNDES: Fostering Sustainability for Cultural Institutions BNDES: Fostering Sustainability for Cultural Institutions April 28, 2015 LUCIANE GORGULHO HEAD OF THE CULTURE ECONOMY DEPARTMENT General Information Mission, Vision & Values Mission To foster sustainable

More information

Industrial area with Hangar. Land area: 90.000 sqm Hangar area: 5.000 sqm Office area: 250 sqm Brazil Espírito Santo Serra Highway BR 101 North

Industrial area with Hangar. Land area: 90.000 sqm Hangar area: 5.000 sqm Office area: 250 sqm Brazil Espírito Santo Serra Highway BR 101 North Industrial area with Hangar Land area: 90.000 sqm Hangar area: 5.000 sqm Office area: 250 sqm Brazil Espírito Santo Serra Highway BR 101 North Property Location Brasil, Espírito Santo, Serra - Highway

More information

Statistics and Business Intelligence in the Foreign Trade of Services: The Brazilian Experience SESSION # 1

Statistics and Business Intelligence in the Foreign Trade of Services: The Brazilian Experience SESSION # 1 Statistics and Business Intelligence in the Foreign Trade of Services: The Brazilian Experience SESSION # 1 Luiz Maurício NAVARRO Analista de Comércio Exterior, Secretariat of Commerce and Services Ministry

More information

Agenda. Historical Tecon Santos Mesquita CONVICON Tecon Imbituba Financial Highlights Bagres Port. of Santos Expansion Corporate Governance

Agenda. Historical Tecon Santos Mesquita CONVICON Tecon Imbituba Financial Highlights Bagres Port. of Santos Expansion Corporate Governance 1 Agenda Historical Tecon Santos Mesquita CONVICON Tecon Imbituba Financial Highlights Barnabé-Bagres Bagres Port of Santos Expansion Corporate Governance 2 Historical Santos Brasil was founded in 1997

More information

Institutional Presentation SEPTEMBER / 2015

Institutional Presentation SEPTEMBER / 2015 Institutional Presentation SEPTEMBER / 2015 WHO WE ARE 2 WHO WE ARE TOTVS is a business solutions company founded and based in Brazil, with clients in 39 countries and 11 Development Centers located in

More information

MarketsandMarkets. http://www.marketresearch.com/marketsandmarkets-v3719/ Publisher Sample

MarketsandMarkets. http://www.marketresearch.com/marketsandmarkets-v3719/ Publisher Sample MarketsandMarkets http://www.marketresearch.com/marketsandmarkets-v3719/ Publisher Sample Phone: 800.298.5699 (US) or +1.240.747.3093 or +1.240.747.3093 (Int'l) Hours: Monday - Thursday: 5:30am - 6:30pm

More information

LUIZ E. BRANDAO, Ph.d.

LUIZ E. BRANDAO, Ph.d. Curriculum Vitae April 2004 LUIZ E. BRANDAO, Ph.d. Business Address: McCombs School of Business University of Texas at Austin 1 University Station G6500, CBA 6495 Austin, TX 78752-1175 (512) 232-5902 luiz.brandao@mccombs.utexas.edu

More information

ALMEIDA ADVOGADOS BUSINESS LAW B USINESS LAW. Expertise, Commitment, Attention to Detail and Understanding BRASIL SAO PAULO RIO DE JANEIRO BRASILIA

ALMEIDA ADVOGADOS BUSINESS LAW B USINESS LAW. Expertise, Commitment, Attention to Detail and Understanding BRASIL SAO PAULO RIO DE JANEIRO BRASILIA SAO PAULO RIO DE JANEIRO IA BELO HORIZONTE Expertise, Commitment, Attention to Detail and Understanding BUSINESS LAW EXPERTISE Year after year, Almeida Advogados expands across sectors and specialties,

More information

Energy Generation with Landfill Biogas

Energy Generation with Landfill Biogas Artigo publicado e apresentado no evento RIO 6 - World Climate & Energy Event, 17a 18 de novembro de 2006, Rio de Janeiro. Energy Generation with Landfill Biogas Coelho, Suani Teixeira 1 ; E-mail: suani@iee.usp.br

More information

Investor Relations May 2016. Project: 701 Praças da Lapa

Investor Relations May 2016. Project: 701 Praças da Lapa Investor Relations May 2016 Project: 701 Praças da Lapa Even 2 Over 40 years of history... 2006 Acquisition of interest by Spinnaker 1974 abc investmob is founded 1999 ISO 9000 Certification ERP system

More information

TAXATION ON SOFTWARE Dispute Resolution nº 27/2008 of Brazilian Federal Revenue

TAXATION ON SOFTWARE Dispute Resolution nº 27/2008 of Brazilian Federal Revenue Brasil 01452-002 SP TAXATION ON SOFTWARE Dispute Resolution nº 27/2008 of Brazilian Federal Revenue In the taxation field, the application given to software still involves some controversy that is related

More information

Sustainable financing of the digital inclusion in Brasil

Sustainable financing of the digital inclusion in Brasil Sustainable financing of the digital inclusion in Brasil Brasília, June 7 th, 2005 Dep. Julio Semeghini Câmara dos Deputados Brazil Agenda ITC industry and its usage in Brazil Legal framework for the incentive

More information

2ª Conferência. Internet, Negócio e Redes Sociais Financiar, Inovar e Empreender. 21 de novembro de 2013 Auditório do ISEGI

2ª Conferência. Internet, Negócio e Redes Sociais Financiar, Inovar e Empreender. 21 de novembro de 2013 Auditório do ISEGI 2ª Conferência Internet, Negócio e Redes Sociais Financiar, Inovar e Empreender 21 de novembro de 2013 Auditório do ISEGI Patrocinador Principal Patrocinadores Globais APDSI Venture Capital Financial instruments

More information

MarketsandMarkets. http://www.marketresearch.com/marketsandmarkets-v3719/ Publisher Sample

MarketsandMarkets. http://www.marketresearch.com/marketsandmarkets-v3719/ Publisher Sample MarketsandMarkets http://www.marketresearch.com/marketsandmarkets-v3719/ Publisher Sample Phone: 800.298.5699 (US) or +1.240.747.3093 or +1.240.747.3093 (Int'l) Hours: Monday - Thursday: 5:30am - 6:30pm

More information

2015 Russian Nanotechnology Investment Enabling Technology Leadership Award

2015 Russian Nanotechnology Investment Enabling Technology Leadership Award 2015 Russian Nanotechnology Investment Enabling Technology Leadership Award 2015 Contents Background and Company Performance... 3 Technology Leverage and Customer Impact of OJSC RUSNANO... 3-5 Conclusion...

More information

Outsourcing EntEring a new phase R. Nagesh.

Outsourcing EntEring a new phase R. Nagesh. 26 Entering a Outsourcing new phase The Indian outsourcing sector continues to expand at a steady pace as Indian ITeS players seek out new geographies, besides acquiring international firms. A report by

More information

The Brazilian electronic theses and dissertations digital library: providing open access for scholarly information

The Brazilian electronic theses and dissertations digital library: providing open access for scholarly information The Brazilian electronic theses and dissertations digital library: providing open access for scholarly information Sílvia Barcellos Southwick Ph. D. Information Transfer, Syracuse University, School of

More information

RNP Experiences and Expectations in Future Internet R&D

RNP Experiences and Expectations in Future Internet R&D RNP Experiences and Expectations in Future Internet R&D CPqD, Campinas 23 September 2009 Michael Stanton michael@rnp.br Director of Innovation Rede Nacional de Ensino e Pesquisa - RNP 2009 RNP Introduction

More information

Article from: International News. January 2012 Issue No.55

Article from: International News. January 2012 Issue No.55 Article from: International News January 2012 Issue No.55 INTERNATIONAL NEWS Ronald Poon Affat, FSA, FIA, MAAA, CFA, is a director of Tempo Assist in Sao Paulo, Brazil. He can be reached at Ronald. poon@tempoassist.com.

More information

Real Time Commercial Supervision at Petrobras

Real Time Commercial Supervision at Petrobras Real Time Commercial Supervision at Petrobras Anthony Collins, Energy Solutions International Odilia Dauzacker, Transportadora Brasileira Gasoduto Bolívia-Brasil S.A. William Fernandez, Energy Solutions

More information

Overview of the Brazilian Private Equity and Venture Capital Industry

Overview of the Brazilian Private Equity and Venture Capital Industry Overview of the Brazilian Private Equity and Venture Capital Industry Prof. Cláudio Vilar Furtado GVcepe Private Equity and Venture Capital Research Center at FGV EAESP Graduate School of Business ABVCAP

More information

3Q11 Results Conference Call. Novemver, 2011

3Q11 Results Conference Call. Novemver, 2011 3Q11 Results Conference Call Novemver, 2011 2 Recent Highlights & Events PDG Ranked Best Company in Latin America for the 2011 Institutional Investor Awards; Renewal of the Job Contracts for Executives

More information

ANHANGUERA EDUCACIONAL PARTICIPAÇÕES S.A. Publicly Held Company

ANHANGUERA EDUCACIONAL PARTICIPAÇÕES S.A. Publicly Held Company ANHANGUERA EDUCACIONAL PARTICIPAÇÕES S.A. Publicly Held Company Company Registry No. (NIRE) 35.300.184.092 Corporate Taxpayers Id. (CNPJ): 04.310.392/0001-46 Anhanguera Educacional Participações S.A. (

More information

2007 Global Outsourcing Growth Excellence & Customer Value Leadership Award Award Recipient: LUXOFT

2007 Global Outsourcing Growth Excellence & Customer Value Leadership Award Award Recipient: LUXOFT 2007 Global Outsourcing Growth Excellence & Customer Value Leadership Award Award Recipient: LUXOFT Market Overview The Russian software outsourcing industry, though small by global standards is one of

More information

Itaú CEO Conference May 2012

Itaú CEO Conference May 2012 Itaú CEO Conference May 2012 Disclaimer This presentation may include declarations about Mills expectations regarding future events or results. All declarations based upon future expectations, rather than

More information

COMPUTER SOFTWARE/SERVICES AND ITeS EXPORTS

COMPUTER SOFTWARE/SERVICES AND ITeS EXPORTS COMPUTER SOFTWARE/SERVICES AND ITeS EXPORTS OVERVIEW In recent times, Software development and information technology enabled services (ITeS) including business process outsourcing (BPO)/ knowledge process

More information

Presentation of EaD. The SEED is born. Regulation of the Distance Education. Secretariat of Distance Education

Presentation of EaD. The SEED is born. Regulation of the Distance Education. Secretariat of Distance Education Presentation of EaD Distance education (EaD) is a modality of education which is more present in our daily life, strongly boasted by the new information and communication technology, which the potentialities

More information

INTERNATIONAL STUDENTS MOBILITY Attached to NOTICE OF SELECTION A.A. 2016/2017 LATIN AMERICA ARGENTINA

INTERNATIONAL STUDENTS MOBILITY Attached to NOTICE OF SELECTION A.A. 2016/2017 LATIN AMERICA ARGENTINA INTERNATIONAL STUDENTS MOBILITY Attached to NOTICE OF SELECTION A.A. 2016/2017 LATIN AMERICA ARGENTINA UNIVERSIDAD NACIONAL DEL SUR University of Siena enrolled graduate students (Post-graduate courses,

More information

CONFERENCE CALL PRESENTATION. November, 13th

CONFERENCE CALL PRESENTATION. November, 13th CONFERENCE CALL PRESENTATION November, 13th 1 BrasilAgro Overview Start-up company created by an experienced team to take advantage of opportunities in the Brazilian agricultural market Revenue stream

More information

Projects for High-speed Trains in Brazil BRAZILIAN HIGH SPEED LINE (RIO DE JANEIRO SÃO PAULO CAMPINAS)

Projects for High-speed Trains in Brazil BRAZILIAN HIGH SPEED LINE (RIO DE JANEIRO SÃO PAULO CAMPINAS) Projects for High-speed Trains in Brazil BRAZILIAN HIGH SPEED LINE (RIO DE JANEIRO SÃO PAULO CAMPINAS) Hélio Mauro França Executive Superintendent - ANTT Berlim, September 22 2010 RIO SÃO PAULO HIGH SPEED

More information

Information Society in Brazil - Green Book. Annex III. Computer Technology and Telecommunications in Brazil. Annex III

Information Society in Brazil - Green Book. Annex III. Computer Technology and Telecommunications in Brazil. Annex III Computer Technology and Telecommunications in Brazil 53 54 Computer Technology and Telecommunications in Brazil Annex 3 Computer Technology and Telecommunications in Brazil 3.1- Introduction Though the

More information

Mobile Infrastructure Sharing:

Mobile Infrastructure Sharing: Mobile Infrastructure Sharing: Trends in Latin America ITU Regional Economic and Financial Forum of Telecommunications/ICTs for Latin America and the Caribbean San Jose, Costa Rica 12 March 2014 Daniel

More information