Structuring for innovation grants
An innovation grant (subvenção econômica) is non-repayable funding that Brazilian funding agencies offer companies with innovation projects. We help turn your project into a proposal that meets the call's rules.
What we do
We identify the calls that fit the project and the size of the company, read the rules carefully and structure the proposal: work plan, goals, schedule and budget, with every expense classified under the permitted budget lines.
What you get
- Screening of calls open and expected for your project.
- Work plan and budget in the format required by the call.
- Submission support, with document checks before sending.
Who it is for
Companies, especially in technology, with an innovation project underway or planned that want to fund it without compromising cash flow.
How it works
- Screening: We get to know the project and the size of the company and identify suitable calls.
- Reading the call: We break down the rules, evaluation criteria, matching contributions and permitted budget lines.
- Structuring: Together with you, we build the work plan, goals, schedule and budget.
- Submission: We check documents and attachments before sending, within the deadline.
Based in Maceió, serving clients remotely
Farol is based in Maceió, Alagoas, Brazil, and serves companies across the country. We follow national calls, such as those from Finep, and state calls from research foundations, such as Fapeal in Alagoas. All the work is remote, which allows us to serve companies in any state.
After approval, grant reporting ensures the funds are used and documented as the call requires.
Frequently asked questions
What is an innovation grant?
It is non-repayable public funding, meaning it does not have to be paid back, intended for companies with innovation projects. In return, the company carries out the project according to the approved plan and reports on how the money was used.
My company is small. Can it take part?
Many calls are aimed precisely at micro and small businesses and startups. Each call has its own rules on company size, time in operation and field of activity, and the screening shows which ones apply to your case.
Is approval guaranteed?
No. Calls are competitive and the decision rests with the evaluation panel. What we do is reduce the mistakes that eliminate good proposals and present the project as clearly and consistently as possible.