Apoio do sistema BNDES às micro, pequenas e médias empresas

Abstract

The BNDES (Brazilian Development Bank) has a long history of supporting micro, small, and medium-sized enterprises (MSMEs) in Brazil, evolving its programs and policies over time to improve access to credit and stimulate productive investment and job creation. Key initiatives include the PMPE program , the creation of the Fundo de Aval (FGPC) to compensate for risk , and the "Novas Ações BNDES/FINAME" which expanded the number of eligible companies and increased BNDES/FINAME participation in financing. The BNDES also implemented the "Programa de Milhagem" to provide additional resources to agents lending to MSMEs , and adopted various disclosure instruments and partnerships with entities like CNI and SEBRAE to broaden support. Furthermore, BNDESPAR developed risk capital instruments for MSMEs , and the Social Area created the Programa de Crédito Produtivo Popular to offer microcredit to entrepreneurs who typically lack access to traditional banking. The document also details several credit lines available through FINAME and the BNDES Automatic program, outlining financing conditions, eligible investments, costs, and participation levels for different sizes of companies and sectors, including specific programs for agricultural modernization and rural family farmers (PRONAF).