Secretariat for Economic Development Releases R$ 68 thousand to 27 companies

Secretariat for Economic Development announced the release of R$ 68 million in resources for seven companies in the Federal District thus being secretary 20 of the Integrated Development Region of the Federal District and Surroundings (Ride), in 13 municipalities.

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This was the largest amount released at once by the Financing Committee for Productive Activities (Cofap), thus managed by the portfolio, and occurred during the most recent meeting of the group, last week. Therefore, the committee's meetings are held monthly and are composed of representatives from different sectors of the DF's economy.

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Secretaria De Desenvolvimento Econômico Libera R$ 68 Mil Para 27 Empresas 23 de fevereiro de 2020

Secretary of the folder, Ruy Coutinho said that only one request ended up being rejected. Above all, the reason would be the location of the company, which is in Anápolis (GO), outside Ride. “There was a predominance of the rural sector. But not just him.

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Other Sectors

So in the area of commerce, industry and services. This signals, in our understanding, a feeling of recovery of the local and national economy on the part of entrepreneurs. At the last meeting, at the end of last year, it was R$ 30 million.”

The resources for these companies come from the Constitutional Fund for Financing the Midwest (FCO), provided for in the Federal Constitution to promote the economic development of the federative units of that region. Operations exceeding R$ 500 thousand must be submitted to Cofap.

job creation

The forecast is that the release favors the creation of 257 direct and 573 indirect jobs. The company that got the most credit (R$ 10.5 million) is located in Formosa (GO) and operates in the field of agricultural products.

In order for the amount to be released by Cofap, the company needs to undergo a credit assessment, which includes proof of payment capacity and an analysis of the quality of the project in which the money will be invested.

“This is a job normally done by banks. It is important, otherwise, it would become a festival of default”, highlighted Coutinho.

“We have signs that we will have a good demand for the FCO (in the coming months), mainly in the rural area, on the occasion of Agrobrasília, which takes place in May. The secretariat and companies that will participate in the event will obviously be interested.”

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