desenvolve mt

What desenvolve mt does

Desenvolve MT is the State of Mato Grosso's government-linked development agency, providing credit and financing to micro, small, and medium-sized businesses and entrepreneurs in the state. Its principal offerings are Desenvolve Empresarial, with loans of up to R$1.5 million at rates of up to 1.40% per month; Desenvolve Mulher e Jovem Empreendedor, with credit of up to R$15,000 at 0.50% per month for women and entrepreneurs aged 18–29; and dedicated rural, transport, and innovation lines. It also operates complementary business-support and guarantee programs, including BEMAT, FUNDAAF, and MT Garante.

Credit is distributed through a digital self-service portal, physical Ganha Tempo service points, and municipal credit-agent networks across Mato Grosso. The portal supports online simulation, registration, application submission, and proposal tracking, while Serasa, SPC Brasil, and Banco Central's Registrato are used for applicant financial-information checks. This hybrid model is designed to reach formal and informal businesses, underserved demographic groups, rural producers, and transport operators.

Desenvolve MT's business model is based on interest income from its lending portfolio, supplemented by state budget allocations and state development funds. The reported credit rates are subsidized to support economic development rather than set solely for commercial returns. No revenue, loan-book size, headcount, customer count, or asset-quality data is disclosed, so the scale and financial trajectory of the portfolio cannot be quantified from the available material.

Name

desenvolve mt

Legal name

Desenvolve MT - Agência de Fomento do Estado de Mato Grosso

Website

https://desenvolve.mt.gov.br

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

Desenvolve MT is Mato Grosso's state development agency, providing subsidized business credit and financing to MSMEs, women, young, rural, transport, and innovation-focused entrepreneurs through digital, physical, and municipal channels across the state.

Ownership category

akta.pro rank

Product category

Development Banking / SMB Credit Financing

SIC

Miscellaneous Business Credit Institution (6159), Federal & Federally-Sponsored Credit Agencies (6111), Personal Credit Institutions (6141)

akta.pro industry

PRIMARYFSAKAJAG

Loan Servicing & Special Servicing (Delinquency Management)

Financial & Insurance/Lending & Consumer Finance/Debt Collection, Recovery & Servicing

Keywords

• Development banking
• Subsidized credit lines
• Entrepreneur financing
• Rural credit
• Innovation financing

Headquarters

HQ city

Cuiabá

HQ country

Brazil

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Credit portfolio interest income: Desenvolve MT is a state development agency (Agência de Fomento) that earns revenue through interest charged on its loan portfolio. Loans are provided at subsidized rates (e.g., 1.40% per month for Empresarial, 0.50% per month for Mulher Empreendedora) as part of the state's economic development mandate.
2. Institutional funding and government allocations: As a state-linked development agency, Desenvolve MT operates with government backing and funds credit operations through state budget allocations and FUNDAAF (state fund).

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Desenvolve MT is the state development agency of Mato Grosso that provides subsidized credit lines and financing programs to micro, small, and medium entrepreneurs, women and young entrepreneurs, rural producers, transport operators, and innovative businesses. It administers five credit lines (Empresarial, Mulher/Jovem Empreendedor, Transporte, Rural, Inovacred) and supporting programs (BEMAT, FUNDAAF, MT Garante), offering interest rates as low as 0.50% per month and credit amounts up to R$1.5 million, accessed through a digital portal, physical service points, and a municipal credit agent network.

Product overview

Desenvolve MT is the Development Agency of the State of Mato Grosso, linked to the State Department of Economic Development (Sedec). It operates as a multi-product credit and financing platform offering distinct credit lines tailored to different entrepreneurial segments: Desenvolve Empresarial (up to R$ 1.5M for business investments), Desenvolve Mulher e Jovem Empreendedor (up to R$ 15K for women and young entrepreneurs), Desenvolve Transporte (vehicle financing), Desenvolve Invest Rural (agricultural financing), and Desenvolve Inovacred (innovation financing via Finep partnership). The agency also administers complementary programs including BEMAT (business support), FUNDAAF (social fund), and MT Garante (guarantee fund). Access is primarily through a digital Credit Portal (webappv1.desenvolvemt.thriade.com) that supports simulation, application submission, and status tracking.

Differentiator

Problem solved

Functional benefit

Brands

• Desenvolve Empresarial: Credit line for businesses up to R$1.5 million with rates up to 1.40% per month
• Desenvolve Mulher Empreendedora
• Desenvolve Jovem Empreendedor
• Desenvolve Transporte
• Desenvolve Rural
• Desenvolve Inovação (Inovacred)
• FUNDAAF
• BEMAT
• MT Garante

Products and services

• Desenvolve Empresarial Business credit line offering up to R$1.5 million with interest rates up to 1.40% per month for investments in civil construction, machinery, equipment, solar energy, implantation projects, expansion, modernization, and associated working capital; targeted at micro, small and medium enterprises in Mato Grosso.
• Desenvolve Mulher e Jovem Empreendedor Facilitated credit program for women entrepreneurs and young entrepreneurs aged 18-29, offering up to R$15,000 at a preferential interest rate of 0.50% per month for business formation and growth.
• Desenvolve Transporte Vehicle financing program for the acquisition of motorcycles, cars, taxis, vans, and micro-buses for transport operators and individuals in Mato Grosso.
• Desenvolve Invest Rural Rural financing program for investments in machinery, implements, equipment, and other options for agricultural and livestock producers in Mato Grosso.
• Desenvolve Inovacred (Inovação) Innovation credit line developed in partnership with Finep (Financiadora de Estudos e Projetos) that finances the development of new products and processes in innovative businesses in Mato Grosso.
• BEMAT (Banco do Empreendedor de Mato Grosso) Business development and support program offered under the Desenvolve MT institutional umbrella, focused on entrepreneurial support in Mato Grosso.
• FUNDAAF State development fund for family agriculture (Fundo de Desenvolvimento da Agricultura Familiar) that provides credit access to small rural producers and operates through accredited partners and direct beneficiaries.
• MT Garante State guarantee fund (Fundo de Aval do Estado de Mato Grosso) that provides collateral coverage for credit operations, enabling entrepreneurs who lack traditional collateral to access Desenvolve MT credit lines.
• Portal de Crédito (Digital Credit Portal) Digital self-service platform (webappv1.desenvolvemt.thriade.com) enabling users to simulate credit, create accounts, submit financing requests, and track proposal status directly online, with credit analysis commonly completed within 48 hours of registration.

Named customers4 records

Segments5 records

Ideal customer profiles7 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered core and minor.

• Finep (Financiadora de Estudos e Projetos)coreStrategic or Co-development PartnerDesenvolve Inovacred is operated in partnership with Finep, Brazil's national research and project financing agency. This partnership enables Desenvolve MT to offer credit lines for innovation, new product development, and process improvement in innovative businesses.
• MT Garante (Fundo de Aval do Estado de Mato Grosso)coreOthersMT Garante is the state guarantee fund linked to Desenvolve MT, providing guarantee coverage for credit operations. It allows entrepreneurs who lack traditional collateral to access credit through the fund's guarantee mechanism.
• BEMAT (Banco do Empreendedor de Mato Grosso)minorOthersBEMAT is a related program/initiative operating under the Desenvolve MT institutional umbrella, focused on entrepreneurial support.
• FUNDAAF (Fundo de Desenvolvimento da Agricultura Familiar)coreOthersFUNDAAF is a state fund linked to Desenvolve MT providing financing support for family agriculture and rural producers in Mato Grosso. It provides credit access to small rural producers who may not qualify for traditional lending.
• Partner Municipalities of Mato GrossominorChannel Partner/ Reseller/ DistributorDesenvolve MT partners with municipalities across Mato Grosso to establish credit agent networks and service points, extending the agency's reach to entrepreneurs in rural and remote areas of the state.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Others

• Finep: Brazilian federal innovation financing agency. Comparable as a public-sector financier and direct partner of Desenvolve MT through the Inovacred program; relevant for benchmarking innovation-credit operations.

Regional players

• BRDE: Banco Regional de Desenvolvimento do Extremo Sul, a multi-state regional development bank serving the southern Brazilian states. Comparable mission and subsidized lending model, though operating across three states rather than one.
• Banco do Nordeste: Federal regional development bank focused on Brazil's Northeast region. Comparable as a publicly-mandated development lender providing subsidized credit to MSMEs, agricultural producers, and entrepreneurs in an underserved region.

Direct peers

• Desenvolve SP: São Paulo state development agency offering credit and financing programs to entrepreneurs. Comparable in mandate, product structure, and target segments, though operating in a much larger and more industrialized state.
• Badesul: Rio Grande do Sul state development agency providing credit and guarantee services to regional businesses. Closely comparable as a smaller state-level Agência de Fomento with similar MSME-focused credit programs.
• BDMG: Minas Gerais state development bank (Agência de Fomento de Minas Gerais). Most direct comparable as another Brazilian state-level development agency offering subsidized credit lines to MSMEs and entrepreneurs within a single state.

Broad incumbents

• Banco do Brasil: Brazil's largest public commercial bank, with extensive microcredit, agricultural, and SME lending programs. Comparable as a federally-backed lender serving similar segments (rural producers, small entrepreneurs), though at much greater scale and with private-rate pricing.
• Caixa Econômica Federal: Brazilian federal public bank providing subsidized credit, microcredit, and social-oriented lending. Comparable in mandate to serve underbanked populations, though operating at national scale with a much broader product set.
• BNDES: Brazil's federal development bank and the largest public-sector lender in the country. Comparable as a state-sponsored development finance institution providing subsidized credit, though operating nationally and at vastly larger scale than Desenvolve MT.

Emerging players

• Nubank: Brazilian digital bank and fintech that has aggressively expanded into MSME and personal credit. Comparable as a competitor targeting underserved Brazilian borrowers, though operating as a private-sector digital lender rather than a state development agency.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xinstagram.com/desenvolvemt
• LinkedInlinkedin.com/company/desenvolve-mt
• Instagraminstagram.com/desenvolvemt

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about desenvolve mt