In order to lure startups and foreign investment, the Brazilian government is promoting visas and other incentives for foreign businesses to relocate to the country. The Ministry of Science, Technology and Innovation has announced a US$78-million investment in an attempt to spur growth of up to 100 domestic and foreign technology entrepreneurs. This is taking form in programmes such as Startup Brasil which is attempting to “aggregate groups of actors and institutions” in order to accelerate the startup’s process by involving the support of venture capitalists, researchers and mentors among other major incentives.
To read the original article: Brazil lures foreign startups with acceleration programmes and incentives | ventureburn
