ALMACO and IPT Join Forces

June 26 2017

The Latin-American Composite Materials Association (ALMACO) and the Technological Research Institute (IPT) signed a cooperation agreement to contribute to the development of Brazilian micro, small and medium-sized companies, which make up most of the composite manufacturing segment.

The agreement will work on two fronts. The first focuses on technological extension, with funds from the federal government, through the Brazilian Technology System (SIBRATEC), and from the state government, in the form of the Program for Technological Support to Micro, Small and Medium Sized-Companies, with the budget from the Multi-Year Plan (PPA) developed by the Sao Paulo Government.

The second front established is intended to foster industrial research and innovation. Available to companies across Brazil with revenue of up to US$ 1 million/year, the initiative will be funded by the Brazilian Association of Industrial Research and Innovation (EMBRAPII) and the Brazilian Service of Support to Micro and Small-Sized Companies (SEBRAE). This program focuses exclusively on development and innovation. It is especially geared towards individual microbusinesses, small companies and startups.

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