ENTERPRISING NORTHEAST PROGRAM

Aim

Promote the development of small and average-size innovative companies, facilitating capital formation, reinforcing enterprising capabilities and modernization of business management.

Investment Policy

• Tools (primary issue)
  Shareholdership: Convertible Bonds
• Shareholdership in fund (minority):
  Maximum of 49% of corporation
• Maximum investment in a corporation:
  R$ 5 million and/or 10% of committed assets, whichever is lower
• Average investment per enterprise:
  R$ 3.75 million
• Maximum investment per sector:
  35% of Fund’s underwritten capital

Technical Support Component

• Activities for raising awareness of target population (entrepreneurs) about risk capital (seminars, courses and publications)
• Support for experiments with incubating enterprises and elaboration of business plans
• Implementation of special courses in management, entrepreneurism and risk capital at universities
• Implantation of networks comprising business angels (mentors)