Accepts international applications.
Mix of government(no equity) and accelerator(equity) funding.
Startups get up to ~85k usd funding from government for R&D, no strings attached.
Startups get invested and accelerated by accelerators (capital/equity varies according to accelerator)
There is not one single oficial statement saying what they will do from now on. To me, this delay means just one thing, they screwed big time and have zero good news.
Right now it is rising, but soon enough it will stabilize for some time.
Happens every year, once or twice.
If you do some research, you will see that it is being used more than ever for purchases. You may think otherwise because of the media hype/bubble time that is happening now.
Startups get up to ~85k usd funding from government for R&D, no strings attached. Startups get invested and accelerated by accelerators (capital/equity varies according to accelerator)
Here is an explanation about the program. [1]
[1] http://www.startupbrasil.org.br/programa/?lang=en