Investment Directed to IT development using governmental fund, good news to me

Information Technology is now part of the Brazilian government's investments, R$12 millions (about US$8 million) will go into technology specialization programs (to expand applied knowledge of IT supply chain) and into information management systems research (for managing large volumes of data, distributed computing, modelling complex systems, impacts of the transition from silicon to new technologies, universal access and more). This is a public program and the projects presented will have to match one of the selected categories and depending on the are of knowledge the amount of investment varies.

The involved departments are the National Council for Scientific and Technological Development (CNPq / MCT), National Fund for Scientific and Technological Development (FNDCT / CT-Info) and the Brazilian Computer Society (SBC)