Governmental Ventura Capital Program - INOVAR, Brazil

With an eye on the future (and another in the pockets) Brazil is investing heavily on the "PROJETO INOVAR". It is a forum made of capital venture companies, stock market brokers, investment and pensions funds' managers that analyse small and medium companies that have the potential to go into the Brazilian stock market (BOVESPA). They will analyse the risks of the government's investments on high-tech companies that apply to benefit from the plan. These will them become an S.A. (anonymous society or limited company) and it's capital shared on the stock market, busting some of the most innovative companies in the country.