The recently founded Embrapii (Brazilian Research and Industrial Innovation Company) has already started its pilot phase. The budget of R$90m (ca. US$ 52m) for the first 18 months will be divided between three selected institutes: the National Institute of Technology (INT/MCTI), the São Paulo State Technological Research Institute (IPT) and the Bahia State National Apprenticeship Service(Senai-Cimatec).
The new initiative is inspired by both the Brazilian Embrapa and German Frauenhofer Institute and intends to promote innovation across diverse industries in Brazil. The Company will be formally constituted after the pilot phase, by the end of 2012.