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Petrobras and Sebrae launch a BRL 10 million call for funding for startups

Petrobras and the Brazilian Micro and Small Business Support Service (Sebrae) released this Monday, the 11th, the second notice of the Petrobras Connections for Innovation Program - Startups Module, aimed at attracting technological solutions for goods and services of startups and small businesses across the country. The new notice will make available around R$ 10 million to enable the generation of innovations with the effective implementation in the company's operations.

The selection process, conducted throughout the year, is expected to end in September. Submitted projects must cover the following areas:

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  • Digital Technologies.
  • Robotics and Catalysts.
  • Energy efficiency.
  • Corrosion and Carbon Reduction.
  • Geological Modelling.
  • Inspection Technologies.
  • Water treatment.

Each proposal may receive resources of up to R$ 500,000, with a limit of R$ 1 million, depending on the value added to Petrobras' business.

Petrobras Connections for Innovation

The Petrobras Conexões para Inovação program consists of a series of initiatives designed to intensify cooperation between small, large and or micro companies and scientific and technological research institutions, with the aim of transforming scientific articles into innovations implanted.

The project's objective is to improve research and development incentive models, leverage creation, accelerate the development and gain scale to projects that are born in startups and small technology-based companies in the country. In addition, it aims to optimize selection and hiring processes and innovate in governance models for technological projects and programs.

2nd Edition

In the first call, held in 2019, 7 projects were selected with a total expected investment of more than BRL 9 million. For this second edition, up to R$ 10 million will be allocated to the development of short-term and high-impact solutions for the oil and gas market.

Entrepreneurs will have advice from Petrobras and Sebrae, during and after the selection process, so that their solutions can be implemented and generate value in the short term. For successfully completed projects, Petrobras said it will enable continuity to the implementation phase and pilot tests.

Selected companies will benefit from:

  • Support in overcoming challenges in the period between the proof of concept of the innovative solution and the generation of revenue from production.
  • Generation of more innovative products, services and business models.
  • Free participation in Sebrae's Technological Entrepreneurship Program.

How to participate

The program is open to Brazilian startups, micro-enterprises and small businesses, including technology-based ones. The edict does not include individual microentrepreneurs (MEI).

Registration is open until June 28th and can be done through the project website.

Read more: Project provides complete books for reading through Instagram Stories

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