Secretaria de Indústria e Comércio

What Secretaria de Indústria e Comércio does

SEDEC (Secretaria de Estado de Desenvolvimento Econômico) is the economic development secretariat of the State of Mato Grosso, Brazil, operating as a public administrative body under the Governo do Estado de Mato Grosso. Headquartered at Rua Eng. Edgar Prado Arze, 215, Centro Político Administrativo in Cuiabá, the agency coordinates economic development policy across industry, commerce, agribusiness, tourism, mining, and energy verticals for the state's entrepreneurs, rural producers, mining companies, tourism operators, and energy stakeholders.

SEDEC's service portfolio is structured as a platform of government programs and regulatory mandates rather than commercial products. The credit and financing arm administers FCO Empresarial and FCO Rural (constitutional financing under SUDECO oversight), MT GARANTE (a R$100 million guarantee fund with 10x leverage potential), FUNDEIC (industrial and commercial development fund), and FUNDES. The mining arm operates the CERM state registry and TFRM oversight tax under Lei nº12.370/2023. The energy arm produces the Balanço Energético do Estado de Mato Grosso with matrix projections to 2036. The tourism arm coordinates the Programa Descubra Mato Grosso (four poles: Amazônia, Cerrado, Araguaia, Pantanal), Pró-Turismo, and the Programa de Regionalização do Turismo. Service delivery uses the MT Cidadão web portal and mobile app, the state government service portal, and a network of accredited financial institutions as channel partners.

Name

Secretaria de Indústria e Comércio

Legal name

Secretaria de Estado de Desenvolvimento Econômico

Website

https://sedec.mt.gov.br

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

SEDEC is Mato Grosso's State Secretariat of Economic Development, administering credit and guarantee funds (FCO, MT GARANTE, FUNDEIC, FUNDES), mining oversight (CERM/TFRM), energy planning reports, and tourism development programs for the state's entrepreneurs, rural producers, miners, and tourism operators.

Ownership category

akta.pro rank

Headquarters

HQ city

Cuiabá, Mt

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others

Distribution channels4 records

Marketing channels4 records

Core offering

SEDEC is a state government secretariat providing economic development services to Mato Grosso through credit and financing programs (FCO Empresarial, FCO Rural, FUNDEIC, FUNDES), the MT GARANTE guarantee fund, mining regulatory services (CERM registry and TFRM tax), tourism development programs across four poles and 14 micro-regions, and state energy planning studies. Services are delivered free of charge, funded through the state budget, and accessed via the MT Cidadão portal, government portals, accredited financial institutions, and the Cuiabá headquarters.

Product overview

SEDEC (Secretaria de Estado de Desenvolvimento Econômico) is the State Secretariat of Economic Development for Mato Grosso, Brazil. It operates as a government administrative body rather than a commercial technology company, providing economic development services through a multi-domain portfolio. The offering is structured as a platform of government programs and regulatory services spanning: (1) Credit and Financing Programs including FCO Empresarial and FCO Rural (constitutional financing funds), MT Garante (guarantee fund with R$100M equity), FUNDEIC, and FUNDES; (2) Mining Administration through the CERM system for mining registry and TFRM tax collection; (3) Energy Intelligence via the Balanço Energético reports and energy matrix analysis; and (4) Tourism Development Programs including Programa Descubra Mato Grosso (coordinating four tourism poles), Pró-Turismo, and the Regionalização do Turismo program. These services are delivered through a government portal without commercial product architecture.

Differentiator

Problem solved

Functional benefit

Brands

• MT GARANTE: Guarantee Fund for Mato Grosso providing collateral for credit operations
• FCO Empresarial
• FUNDEIC
• Programa Descubra Mato Grosso
• Circuito do Empreendedor

Products and services

• FCO Empresarial (Fundo Constitucional de Financiamento do Centro-Oeste) A constitutional financing fund for the Central-West region that provides credit for industrial, agro-industrial, infrastructure, tourism, commercial, and services enterprises, with financing caps of up to R$20 million per borrower. Applications are reviewed and approved by CODEM (Conselho de Desenvolvimento Econômico de Mato Grosso).
• FCO Rural Rural financing program under the FCO constitutional fund, administered through the CPACR (Câmara de Política Agrícola e Crédito Rural) with annual meeting agendas and published results for agricultural producers in Mato Grosso.
• MT GARANTE (Fundo de Aval Garantidor do Estado de Mato Grosso)

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and minor.

• Instituições Financeiras Credenciadas (Financial Institutions)coreChannel Partner/ Reseller/ DistributorSEDEC works with accredited financial institutions (banks) for the distribution of credit products under the MT GARANTE guarantee fund and FCO programs. Financial institutions send loan applications to the guarantee fund for approval and provide financing to approved beneficiaries.
• SUDECO (Superintendência de Desenvolvimento do Centro-Oeste)coreOthersSUDECO is the federal superintendency responsible for overseeing the FCO (Fundo Constitucional de Financiamento do Centro-Oeste) constitutional financing fund. SEDEC serves as the state counterpart for FCO program administration in Mato Grosso.
• SEFAZ MT (Secretaria de Fazenda de Mato Grosso)coreOthersSEFAZ MT serves as the financial manager and treasury partner for SEDEC's development funds including FUNDEIC, MT GARANTE, and DAR incentive programs. Provides the electronic systems for tax collection and financial transactions.
• Desenvolve MT (Agency for Business Development)coreImplementation/ SI/ Consulting PartnerDesenvolve MT serves as the financial manager (Gestor Financeiro) of FUNDEIC and administrator of MT GARANTE. Acts as the operational arm for credit programs and guarantee fund management.
• CEDTUR (Conselho Estadual de Turismo)coreStrategic or Co-development PartnerState Tourism Council that advises on tourism policy. Part of the governance structure for tourism regionalization and destination development programs in Mato Grosso.
• CODEM (Conselho de Desenvolvimento Econômico de Mato Grosso)coreStrategic or Co-development PartnerState Economic Development Council responsible for approving FCO Empresarial financing applications. Reviews and approves credit operations above defined thresholds.
• MT GARANTE FundcoreOthersThe MT GARANTE is a R$100 million state guarantee fund (Lei nº 11.475/2021) that provides collateral for credit operations, enabling entrepreneurs without sufficient guarantees to access financing with up to 80% coverage and 10x leverage potential.
• ANEEL (Agência Nacional de Energia Elétrica)minorOthersANEEL provides national energy distribution quality indicators, tariff rankings, and generation capacity data that SEDEC uses for Mato Grosso's energy balance studies and planning.
• ONS (Operador Nacional do Sistema Elétrico)minorOthersONS provides daily operational data on electricity generation, reservoir levels, and demand that supports Mato Grosso's energy planning activities.
• EPE (Empresa de Pesquisa Energética)minorOthersEPE provides energy consumption data and planning studies that complement Mato Grosso's state-level energy balance reports produced by SEDEC.

Recent moves4 records

Expansion highlights5 records

Broad incumbents

• SEBRAE (Serviço Brasileiro de Apoio às Micro e Pequenas Empresas): National SME support agency that provides entrepreneur training, credit access facilitation, and business development services to micro and small businesses across Brazil. Highly comparable to SEDEC's entrepreneur support and credit access mission, though SEBRAE operates federally and at significantly larger scale.
• BNDES (Banco Nacional de Desenvolvimento Econômico e Social): Brazil's national development bank, providing long-term financing for industrial, infrastructure, and export projects. Comparable to SEDEC in its role as development finance administrator, but at federal scale and with a broader industrial focus.
• Banco do Brasil: Large federal bank with significant rural and agribusiness credit operations, including FCO distribution. Comparable to SEDEC's financial institution partners that deliver MT GARANTE and FCO financing to end borrowers.
• Caixa Econômica Federal: Federal financial institution with significant development finance and guarantee programs for housing, infrastructure, and MSME credit. Comparable to SEDEC's role distributing credit through financial institution partners, but at national scale.

Direct peers

• BDMG (Banco de Desenvolvimento de Minas Gerais): Minas Gerais state development bank providing financing for productive sectors, infrastructure, and innovation. Comparable to SEDEC's role administering state development funds and credit programs, though structured as a bank rather than a secretariat.
• Desenvolve MT: Mato Grosso's state agency for business development and operational financial manager of FUNDEIC and MT GARANTE. Closest direct peer to SEDEC, executing the credit programs designed and overseen by the secretariat.
• Investe São Paulo: São Paulo state investment promotion agency that attracts investments and supports economic development. Comparable to SEDEC's mission of attracting and supporting business investment in Mato Grosso, though operating in Brazil's largest economy.
• CODEM (Conselho de Desenvolvimento Econômico de Mato Grosso): Mato Grosso's State Economic Development Council that approves FCO Empresarial financing applications. Directly comparable as part of SEDEC's governance ecosystem and parallel economic development authority at the state-level deliberative tier.

Regional players

• BRDE (Banco Regional de Desenvolvimento do Extremo Sul): Regional development bank serving Brazil's southern states with long-term financing for productive sectors. Comparable to SEDEC's regional development finance role, though BRDE operates at multi-state regional scale rather than single state.
• SUDECO (Superintendência do Desenvolvimento do Centro-Oeste): Federal superintendency responsible for overseeing the FCO constitutional financing fund for the Central-West region. Directly comparable to SEDEC's role as state FCO administrator, operating at federal level covering multiple states in the region.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/secretaria-de-ind%C3%BAstria-e-com%C3%A9rcio

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Secretaria de Indústria e Comércio