FINEP – Financer of Studies and Projects, grants reimbursable and non-reimbursable financing. Finep’s support covers all stages and dimensions of the scientific and technological development cycle: basic research, applied research, innovations and the development of products, services and processes. Finep also supports the incubation of technology-based companies, the establishment of technology hubs, the structuring and consolidation of research processes, development and innovation in already established companies, and the development of markets. Moreover, as of 2012, Finep also started offering support for the implementation of a first industrial facility, as well as incorporations, mergers and joint ventures.