Finatec
Finatec is a Brazilian non-profit support foundation that provides administrative and financial management services for scientific, technological, and innovation research projects, primarily serving researchers at the University of Brasília (UnB) and the Federal Institute of Brasília (IFB) under Lei nº 8.958/1994.
- Company typePrivate
- Founded1992
- HeadquartersBrasília, Brazil
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Finatec does
Finatec (Fundação de Empreendimentos Científicos e Tecnológicos) is a Brazilian private non-profit support foundation headquartered in Brasília, founded on March 13, 1992, by engineering professors from the Universidade de Brasília (UnB). It operates under Lei nº 8.958/1994 as an accredited Fundação de Apoio, providing administrative and financial management services for scientific, technological, and innovation research projects at affiliated institutions, primarily UnB and the Instituto Federal de Brasília (IFB). Its core service lines cover project administration, technological services, technical advisory and studies, scientific and corporate event management, and innovative training programs. The foundation administers projects funded by Brazilian public agencies, multilateral lenders (BID, GEF), and international cooperation partners (GIZ), including a US$207 million Atlantic Forest climate and biodiversity program spanning Minas Gerais, Rio de Janeiro, and São Paulo.
Finatec's underlying technology consists of internal administrative and financial management systems rather than a packaged software product. Its flagship platform is the Conveniar coordinator portal, which enables project coordinators to track balances and statements, issue purchase orders, process payments and receipts, organize events, and monitor order progress in real time. A separate IR portal provides income-report access for tax documentation. The foundation also operates a Continuous Prospective Call mechanism for partner institutions to submit project ideas for portfolio building, and bidding processes for the BID/GEF Atlantic Forest project. The technology stack is positioned as operational infrastructure serving the foundation's service delivery rather than as a licensable or externalized product.
Finatec's revenue model is project-budget-based rather than subscription or license-based. The foundation earns reimbursements through DOA (Despesas Operacionais e Administrativas), an administrative and operational expense line included in funded research project budgets, in compliance with Lei nº 8.958/94 which authorizes payment in the form of research, teaching, or extension scholarships for faculty, technical-administrative staff, and students. Go-to-market is sales-led and relationship-driven, primarily targeting professors and researchers from UnB and IFB who require administrative support for projects with public and private funding. Customers include UnB research groups, international organizations such as GIZ, multilateral lenders (BID, GEF), and corporate partners such as Boeing through UnB's TransLab. No public pricing is disclosed and no revenue figures are available in source materials.
Finatec firmographics
Firmographics- Name
- Finatec
- Legal name
- Fundação de Empreendimentos Científicos e Tecnológicos
- Website
- https://finatec.org.br
- Company type
- Private
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Finatec is a Brazilian non-profit support foundation that provides administrative and financial management services for scientific, technological, and innovation research projects, primarily serving researchers at the University of Brasília (UnB) and the Federal Institute of Brasília (IFB) under Lei nº 8.958/1994.
- Ownership category
- akta.pro rank
Finatec industry classification
Industry- Product category
- Research Administration & Project Support Services
- NAICS
- Other Scientific and Technical Consulting Services (541690)
- SIC
- Finance Services (6199), International Affairs (9721)
- akta.pro primary industry
- Risk, Controls & Governance (GRC) Platforms (FSAFAOAG)
Keywords
Where Finatec is headquartered
LocationHeadquarters
- HQ city
- Brasília
- HQ country
- Brazil
- HQ region
- Latin America
Offices1 record
Markets served
Finatec business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Others, Marketing or Sales
Revenue model
- DOA (Despesas Operacionais e Administrativas): Administrative and Operational Expenses included in project budgets. Finatec receives reimbursement for operational expenses through DOA, which funds qualified professionals to negotiate and manage processes for research professors. Financial transfers occur as resources are received from funders.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Finatec product offering
Product offeringCore offering
Finatec is a non-profit scientific and technological support foundation that provides the legal, administrative, financial, procurement, personnel-hiring, and reporting infrastructure required to execute research, innovation, and extension projects for affiliated institutions. Its proprietary Conveniar portal enables project coordinators to monitor balances, file purchase orders, process payments, and track execution in real time. Services are funded via Administrative and Operational Expenses (DOA) recovered from project budgets, in compliance with Lei nº 8.958/94.
Product overview
Finatec is a support foundation (Fundação de Apoio) that provides a comprehensive suite of administrative and financial management services for scientific, technological, and innovation projects. The organization operates a multi-service model comprising five core service areas: project support (Apoio à Projetos), technological services, technical advisory and studies, scientific and corporate event management, and innovative training programs. Additionally, Finatec offers a project management portal (Conveniar) for coordinators to monitor project progress in real-time, a continuous prospective call mechanism for idea submission, an income statement portal for tax documentation, and project bidding services for the BID project. All services are designed to enable researchers, particularly from partner institutions like University of Brasília (UnB) and Federal Institute of Brasília (IFB), to focus on their core research while the foundation handles administrative, financial, and compliance requirements.
Differentiator
Problem solved
Functional benefit
Products and services
- Apoio à Projetos (Project Support) Full back-office administration and financial management of research, technological, and innovation projects from prospection through accountability to funding agencies; targeted at UnB and IFB researchers, principal investigators, and international partners.
- Serviços Tecnológicos (Technological Services) Technological services that support scientific and innovation projects managed by the foundation, including specialized technical execution support for research programs.
- Assessorias e Estudos Técnicos (Technical Advisory and Studies) Technical advisory and applied studies services for project development and implementation, supporting researchers and partner institutions with expert analysis.
- Eventos Científicos e Corporativos (Scientific and Corporate Events) End-to-end management and organization of scientific and corporate events, handling logistics, coordination, and execution support for congresses, seminars, and workshops hosted by partner institutions.
- Capacitações Inovadoras para o Futuro (Innovative Capacity-Building Programs) Innovative training, courses, and capacity-building programs for future-skills development, delivered to professionals, researchers, and partner institutions under the [email protected] channel.
- Conveniar — Portal do Coordenador Web-based project management portal where coordinators of Finatec-administered projects can monitor balances and statements, raise purchase requests, process payments and receipts, organize events, and track execution of each request in real time.
- Portal do Informe de Rendimentos (IR Portal) Self-service online portal that allows recipients of Finatec-administered payments (fellows, contractors, staff) to access and download official income statements for annual tax filings.
- Editais Projeto BID (Inter-American Development Bank Project Bidding) Management of public tenders, bidding rounds, and selection processes for the Inter-American Development Bank (BID) financed GEF Mata Atlântica climate and biodiversity project, acting as the executing foundation on the ground.
Quantifiable outcome
- 34 years of operation supporting scientific research
- +1 more outcomes
Companies that use Finatec
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Finatec technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Finatec partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Universidade de Brasília (UnB)coreUnB is the founding institution of Finatec. Created by engineering professors from UnB, the foundation has a statutory link with the university and maintains accreditation renewable every 5 years with MEC/MCTIC. Finatec provides administrative and financial management for research projects originating from UnB.
- Instituto Federal de Brasília (IFB)coreIFB is an affiliated institution supported by Finatec through annual authorization. Finatec provides similar administrative and financial management support for IFB research and extension projects.
- BoeingminorInstitutional cooperation between Boeing and UnB managed by Finatec. The TransLab - Laboratory of Computational Modeling and Intelligence for Transport at UnB conducts research in air transport and advanced air mobility with Boeing cooperation.
- Força Nacional do SUSminorNational Health Force activities at Finatec focused on evaluating and improving management tools and Information and Communication Technologies (ICTs) applied to institutional work processes, in partnership with University of Brasília.
- GIZ - Deutsche Gesellschaft für Internationale ZusammenarbeitminorGerman development cooperation organization held Climate Monitoring Workshop at Finatec with representatives from public agencies, international organizations, and environmental specialists to strengthen climate monitoring strategies in Brazil.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Finatec competitors and assessment
Company assessmentBroad incumbents
- CAPES - Coordenação de Aperfeiçoamento de Pessoal de Nível Superior: Brazilian federal agency under MEC that funds graduate education and research scholarships - comparable to Finatec as a key upstream funder of the research ecosystem it administers, and an institutional counterpart in the same regulatory architecture.
- FINEP - Financiadora de Estudos e Projetos: Brazilian federal innovation agency under MCTI that funds science, technology, and innovation projects - directly comparable to Finatec as a national research and innovation funding mechanism, though operating as a public agency rather than a private foundation.
- FAPESP - Fundação de Amparo à Pesquisa do Estado de São Paulo: São Paulo's state research foundation; the largest and most well-funded Brazilian research support entity, operating a similar model of funding and administering scientific projects at São Paulo universities - comparable to Finatec as a state-level research support institution but with much greater scale and capital base.
Direct peers
- FADE - Fundação Apolônio Salles: Support foundation of the Universidade Federal Rural de Pernambuco (UFRPE) administering research, extension, and innovation projects - directly comparable in business model and regulatory positioning to Finatec, supporting a federal university in Brazil's Northeast.
- FUNCAMP - Fundação de Desenvolvimento da UNICAMP: Support foundation for the Universidade Estadual de Campinas (UNICAMP) that provides administrative and financial management of research projects - the closest direct peer to Finatec in terms of institutional structure, service portfolio, and regulatory framework under Lei 8.958/94.
- FAURGS - Fundação de Apoio da UFRGS: Support foundation of the Universidade Federal do Rio Grande do Sul providing administrative-financial management for research projects - structurally and operationally analogous to Finatec, serving a major federal university in southern Brazil.
- FEESC - Fundação de Ensino e Engenharia de Santa Catarina: Support foundation linked to the Universidade Federal de Santa Catarina (UFSC) for research and project administration - a direct analogue of Finatec's relationship with UnB, operating under the same Lei 8.958/94 framework for engineering-origin projects at a federal university.
Regional players
- FAPDF - Fundação de Apoio à Pesquisa do Distrito Federal: Federal District research support foundation that funds and administers research projects in Brasília - directly comparable to Finatec given the shared geographic base and overlapping institutional relationship with UnB and IFB researchers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
Finatec social profiles
Digital presenceFinatec financial estimates
Financial estimateRevenue estimate
Valuation estimate
Finatec leadership team
Management profileNumber of profiles
Finatec funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Finatec M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Finatec
What does Finatec do?
Finatec is a non-profit scientific and technological support foundation that provides the legal, administrative, financial, procurement, personnel-hiring, and reporting infrastructure required to execute research, innovation, and extension projects for affiliated institutions. Its proprietary Conveniar portal enables project coordinators to monitor balances, file purchase orders, process payments, and track execution in real time. Services are funded via Administrative and Operational Expenses (DOA) recovered from project budgets, in compliance with Lei nº 8.958/94.
Is Finatec a public or private company?
Finatec is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Finatec founded?
Finatec was founded in 1992. It employs 101 to 250 people.
Where is Finatec based?
Finatec is headquartered in Brasília, Brazil, in the Latin America region.
How does Finatec make money?
One revenue line is on record: DOA (Despesas Operacionais e Administrativas).
Who are Finatec's main competitors?
Broad incumbents on record are CAPES - Coordenação de Aperfeiçoamento de Pessoal de Nível Superior, FINEP - Financiadora de Estudos e Projetos and FAPESP - Fundação de Amparo à Pesquisa do Estado de São Paulo. Direct peers are FADE - Fundação Apolônio Salles, FUNCAMP - Fundação de Desenvolvimento da UNICAMP, FAURGS - Fundação de Apoio da UFRGS and FEESC - Fundação de Ensino e Engenharia de Santa Catarina. FAPDF - Fundação de Apoio à Pesquisa do Distrito Federal is listed as a regional player.
Does Finatec have an API?
No public API is recorded for Finatec.
What industry is Finatec in?
Finatec's product category is Research Administration & Project Support Services. Its primary akta.pro industry code is FSAFAOAG, Risk, Controls & Governance (GRC) Platforms. Its NAICS code is 541690 and its SIC code is 6199.