AgeRio
AgeRio is a Rio de Janeiro state-owned development finance institution that provides below-market credit (microcredit, working capital, innovation, tourism) to microentrepreneurs, SMEs, startups, women-led businesses, and all 92 municipalities of the state, sourcing capital from BNDES, FINEP, FAPERJ and Fungetur and operating under Banco Central supervision.
- Company typePrivate
- Founded2000
- HeadquartersRio De Janeiro, Brazil
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What AgeRio does
AgeRio (Agência de Fomento do Estado do Rio de Janeiro S.A.) is a state-owned development finance institution (mixed-economy corporation, sociedade anônima de economia mista) controlled by the State of Rio de Janeiro and supervised by the Banco Central do Brasil. Created by Lei Estadual nº 3.517/2000 and formally established in 2002, AgeRio channels public and on-lent capital to underserved segments of the Rio de Janeiro economy, including MEI and informal microentrepreneurs, micro and small enterprises, medium and large companies, women-led businesses (Elas em Foco), tourism operators (Fungetur), innovative companies (Inovacred / FINEP), early-stage startups (via FIPs), and the 92 municipalities of the state for public-sector financing.
The agency offers a multi-product credit portfolio with below-market terms: microcredit at 0.25% monthly (R$300–R$21,000), working-capital lines for micro/small and mid/large companies, innovation financing, sustainability and growth/expansion credit, municipality credit backed by ICMS quota-part, plus equity participation through FIPs. Distribution is hybrid — direct sales at the Rio de Janeiro headquarters, a digital self-serve portal (Portal do Cliente, Simulador de Crédito), correspondent credit agents, and 40+ municipal microcredit agreements covering all 92 municipalities of the state.
AgeRio monetizes primarily through interest spread on on-lent wholesale funding (BNDES, FINEP, FAPERJ, Fungetur, FEMPO) and transactional tariffs (Tarifa de Consulta Cadastral R$500–R$2,000, 0.5% project analysis tariff, 0.6% contracting tariff for municipalities), supplemented by equity returns from FIP investments. The agency reports cumulative deployment of R$400 million in credits to 9,000 entrepreneurs in 2022 and 14,000+ clients served in the first ten months of 2023, alongside equity exits returning R$4.1 million (Nubank/Olivia, Car10, Oktagon). Partnerships with BNDES, FINEP, FAPERJ, ApexBrasil, SEBRAE RJ, Firjan, Fecomércio RJ, and others structure its origination and capital pipeline.
AgeRio firmographics
Firmographics- Name
- AgeRio
- Legal name
- Agência de Fomento do Estado do Rio de Janeiro S.A.
- Website
- https://agerio.com.br
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- AgeRio is a Rio de Janeiro state-owned development finance institution that provides below-market credit (microcredit, working capital, innovation, tourism) to microentrepreneurs, SMEs, startups, women-led businesses, and all 92 municipalities of the state, sourcing capital from BNDES, FINEP, FAPERJ and Fungetur and operating under Banco Central supervision.
- Ownership category
- akta.pro rank
AgeRio industry classification
Industry- Product category
- Development Finance
- NAICS
- Nondepository Credit Intermediation (5222), Credit Intermediation and Related Activities (522)
- SIC
- Federal & Federally-Sponsored Credit Agencies (6111), Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- SME Term Loans & Growth Capital (FSAKAGAB)
- akta.pro secondary industry
- Development Finance & Blended Finance Facilities (BPADAOAD)
Keywords
Where AgeRio is headquartered
LocationHeadquarters
- HQ city
- Rio De Janeiro
- HQ country
- Brazil
- HQ region
- Latin America
Offices2 records
Markets served
AgeRio business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Interest Income from Credit Operations: AgeRio generates revenue primarily through interest charged on microcredit and enterprise financing operations. The microcredit rate is 0.25% per month. Revenue is earned through spread on lending operations.
- Tariffs and Fees: Fees for credit analysis, project evaluation, guarantee assessment, and credit operations. Common tariffs include Tarifa de Consulta Cadastral (R$ 500 to R$ 2,000), Tarifa de Análise de Projetos (0.5% of proposed financing), and Tarifa de Avaliação de Garantias (starting from R$ 750).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Microcredit for microentrepreneurs (MEI and informal entrepreneurs) |
| Transaction based/ take rate | Monthly | Credit for micro and small enterprises (MPE) |
| Transaction based/ take rate | Monthly | Working capital for micro and small enterprises (BNDES) |
| Transaction based/ take rate | Monthly | Working capital for medium and large enterprises |
| Transaction based/ take rate | Monthly | Elas em Foco - Women entrepreneurs microcredit |
| Transaction based/ take rate | Monthly | Inovacred - Innovation financing (FINEP) |
| Transaction based/ take rate | Monthly | Credit for Prefectures (Public Sector) |
| Transaction based/ take rate | Monthly | Elas em Foco - Women-led Micro and Small Enterprises |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels8 records
AgeRio product offering
Product offeringCore offering
AgeRio is a state development finance institution (Agência de Fomento do Estado do Rio de Janeiro S.A.) that channels public development resources into credit operations for microentrepreneurs, micro and small enterprises, medium and large companies, innovative startups, women entrepreneurs, and the 92 municipalities of the State of Rio de Janeiro. It offers a portfolio of credit lines — including microcredit, working capital, sector-specific financing (tourism, sustainability, innovation), municipal infrastructure loans, and equity investments via FIPs — at differentiated below-market rates, and provides accompanying financial education.
Product overview
AgeRio is a development financing agency for the State of Rio de Janeiro offering a comprehensive portfolio of credit products and financial solutions. The portfolio includes Microcrédito AgeRio (microcredit up to R$21k at 0.25% monthly rate), Capital de Giro products for micro to large enterprises, Empresas Nascentes for startups, sector-specific lines (Turismo, Sustentabilidade), Inovacred for innovation with FINEP resources, Crédito para Prefeituras for municipalities, Fundos de Investimento em Participações (equity funds), and Elas em Foco for women entrepreneurs. Complementary offerings include Educação Financeira resources, and government programs like SUPERA RJ, FEMPO, FOMENTA, Fungetur, and the Innovation Rio program with FAPERJ.
Differentiator
Problem solved
Functional benefit
Products and services
- Microcrédito AgeRio
- Capital de Giro para Micro e Pequenas Empresas
- Capital de Giro para Médias e Grandes Empresas (Giro AgeRio)
- Empresas Nascentes
- Crédito Turismo (Fungetur)
- Sustentabilidade
- Inovacred
- Crescimento e Expansão
- Crédito para Prefeituras
- Fundos de Investimento em Participações (FIPs)
- Elas em Foco
- Educação Financeira (AgeRio Orienta)
- FOMENTA RJ
- SUPERA RJ
- FEMPO (Fundo Estadual do Microcrédito Produtivo Orientado)
- Programa Inovação Rio
Quantifiable outcome
- R$ 400 million in credits deployed to 9,000 entrepreneurs in 2022, marking first-time operations across all 92 municipalities of Rio de Janeiro
- +4 more outcomes
Companies that use AgeRio
Customer profileNamed customers16 records
Segments8 records
Ideal customer profiles7 records
AgeRio technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
AgeRio partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core and minor.
- ApexBrasil (Agência Brasileira de Promoção de Exportações e Investimentos)coreAgeRio and ApexBrasil initiated a strategic agenda for knowledge and experience exchange to support international expansion of companies in Rio de Janeiro state.
- SEBRAE RJ (Serviço Brasileiro de Apoio às Micro e Pequenas Empresas)coreStrategic partnership for entrepreneurship support. AgeRio participates in SEBRAE events, workshops, and programs including Rio em Ação, Café com Crédito, and entrepreneur fairs.
- Firjan (Federação das Indústrias do Estado do Rio de Janeiro)corePartnership for industry events and 'Finep pelo Brasil' program. AgeRio participates in Firjan events and Casa Firjan activities.
- ABDE (Associação Brasileira de Desenvolvimento)coreAgeRio president serves on ABDE Consultive Council. Active participation in ABDE events and discussions on credit and development policy.
- CRCRJ (Conselho Regional de Contabilidade do Rio de Janeiro)minorTechnical cooperation agreement to strengthen entrepreneurship. Joint efforts for business support in Rio de Janeiro.
- Jucerja (Junta Comercial do Estado do Rio de Janeiro)minorTechnical cooperation agreement to facilitate access to business registration information for entrepreneurs.
- ACRJ (Associação Comercial do Rio de Janeiro)minorPartnership to expand development of businesses in Rio de Janeiro through joint marketing and referral activities.
- ABIMAQ (Associação Brasileira da Indústria de Máquinas e Equipamentos)minorRenewed cooperation agreement for joint initiatives to support industrial sector financing.
- Abrasel (Associação Brasileira de Bares e Restaurantes)minorPartnership to disseminate credit lines for bars and restaurants sector in Rio de Janeiro state.
- Fecomércio RJminorPartnership with commerce federation for credit dissemination to business sector.
- CODIN (Companhia de Desenvolvimento Industrial do Estado do Rio de Janeiro)minorJoint efforts for economic development of Rio de Janeiro state. Joint meetings and initiatives with SEDEICS.
- Municipios do Rio de Janeiro (40+ municipalities)coreOver 40 municipalities have signed microcredit agreements enabling local access to AgeRio credit programs. Includes Paraty, Barra do Piraí, Paraíba do Sul, Seropédica, Volta Redonda, Porto Real, Campos, Itatiaia, and others.
- Rio SolidáriominorSocial partnership for solidarity campaigns including SOS Chuvas, Páscoa, and other community initiatives.
- Caixa Econômica FederalminorBanking partner for credit operations and government program distribution.
Scale indicators10 records
Recent moves6 records
Expansion highlights4 records
AgeRio competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key highlights7 records
Customer concentration
AgeRio social profiles
Digital presenceAgeRio compliance and trust
Trust signalCompliance4 records
AgeRio financial estimates
Financial estimateRevenue estimate
Valuation estimate
AgeRio leadership team
Management profileNumber of profiles
Profiles6 records
AgeRio funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AgeRio M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AgeRio
What does AgeRio do?
AgeRio is a state development finance institution (Agência de Fomento do Estado do Rio de Janeiro S.A.) that channels public development resources into credit operations for microentrepreneurs, micro and small enterprises, medium and large companies, innovative startups, women entrepreneurs, and the 92 municipalities of the State of Rio de Janeiro. It offers a portfolio of credit lines — including microcredit, working capital, sector-specific financing (tourism, sustainability, innovation), municipal infrastructure loans, and equity investments via FIPs — at differentiated below-market rates, and provides accompanying financial education.
Is AgeRio a public or private company?
AgeRio is a private company. It is classified as state government owned and is currently operating.
When was AgeRio founded?
AgeRio was founded in 2000. It employs 101 to 250 people.
Where is AgeRio based?
AgeRio is headquartered in Rio De Janeiro, Brazil, in the Latin America region.
How does AgeRio make money?
Two revenue lines are on record. Interest Income from Credit Operations are the primary driver. The others are tariffs and Fees.
Does AgeRio have an API?
No public API is recorded for AgeRio.
What industry is AgeRio in?
AgeRio's product category is Development Finance. Its primary akta.pro industry code is FSAKAGAB, SME Term Loans & Growth Capital, with a secondary code of BPADAOAD, Development Finance & Blended Finance Facilities. Its NAICS code is 5222 and its SIC code is 6111.