Notice seeks startups and green economy companies in Pará

A notice seeking startups and companies operating in the green economy was launched this Wednesday (21), by the Federation of Industries of the State of Pará (FIEPA), in partnership with the Facility for Sustainable Investments S/A (FAIS S/A), at the XVII Feira da Indústria do Pará (FIPA), at Hangar, in Belém.

The Travessias da Economia Verde do Pará Notice aims to identify, select and promote sustainable innovative businesses in different regions of the state.

The initiative is aimed at micro and small companies that have been operating in the market for at least one year, have annual revenues of R$100,000 or more and develop activities linked to strategic sectors of the green economy.

Among the areas covered are bioeconomy, renewable energy, sustainable tourism, creative economy, low-emission agriculture, water, sustainable infrastructure and environmental management.

The selected businesses become part of the Travessias Fund, a structured business development methodology conducted by FAIS S/A.

The program focuses on the maturation of companies, strengthening management and preparing for potential access to capital and new markets.

Among the benefits offered to selected companies are strategic connections, specialized technical support, strengthening business capabilities, development of innovative solutions and the possibility of accessing investments through convertible loans or corporate participation.

According to the notice, the expected contributions can vary between R$30,000 and R$130,000 per business, depending on the technical and financial assessment of each company, in addition to the availability of program resources.

The selection process takes place in five stages, including analysis of socio-environmental impact, innovation potential, financial viability and technical and legal due diligence.

Companies also need to demonstrate sustainable practices, fiscal regularity and growth potential aligned with the new Amazon economy.

Registration is free and carried out exclusively online, through the official website of the notice, where the schedule, regulations and registration form are available. The deadline for participation is June 30th.

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Source: CNN