Brazil’s Silicon Valley Hosts Seminars on Technology and Innovation

Brazil technology seminar Discussing new and sustainable forms of economic development will be one of the main objectives of the 19th National Seminar of Technology Parks and Business Incubators to be hosted by Brazil. The event will take place this year together with infoDev's 3rd Global Forum on Innovation and Entrepreneurship, a World Bank initiative.

The meeting, to be held October 26-30 in Florianópolis, capital of the southern state of Santa Catarina, will underscore the importance of research and development for the creation of wealth in the world, in addition to showing how countries can avail themselves of these values in a context of financial recovery.

An initiative of the National Association of Entities Promoting Innovative Undertakings (Anprotec – Associação Nacional de Entidades Promotoras de Empreendimentos Inovadores) and the Brazilian Service for the Support of Small and Micro-Enterprises (Sebrae – Serviço Brasileiro de Apoio as Micro e Pequenas Empresas) with support from Brazil's Ministry of Science and Technology, the encounter will bring together internationally renowned professionals, such as William F. Miller, co-director of Stanford University's Regions of Innovation and Entrepreneurship Program, and former Provost at Stanford in the U.S.

For Guilherme Ary Plonski, Anprotec's president, it will be an opportunity to evaluate the impact of the crisis on worldwide innovative entrepreneurship, and show how innovation and entrepreneurship are structural axes for development. 

Data show that innovation is helping to combat the effects of the crisis in Brazil.  According to a FIESP (São Paulo State Industry Federation) study, for example, public investment in this type of activity at companies is projected to reach 1.7 billion Brazilian reais (US$ 990,000) this year.

Anprotec advisor Jose Eduardo Fiates believes this panorama shows that mechanisms such as incubators and technology parks constitute essential sources for the generation of wealth. 

According to an Anprotec survey, companies created in this setting annually generate close to 2 billion reais (US$ 1.2 billion) in billing, with 400 million reais (US$ 233 million) returned in the form of taxes.

The scenario for the two events is one of the 10 most dynamic cities in the world, according to Newsweek magazine. Florianópolis has gained notoriety as it simultaneously brings together technology, industry and tourism. These characteristics have given the capital of Santa Catarina a well deserved reputation as the "Brazilian Silicon Valley."

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