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Rio de Janeiro
Florianopolis |
About
the City of The
Santa Catarina Association of Technology Companies (ACATE) Established
in 1986, ACATE’s mission is to strengthen the technology and
innovation companies in Santa Catarina and to consolidate the sector as
a unit in order to sustain development.
ACATE serves as the voice for technology companies in Santa
Catarina when communicating with local/federal governments, business
entities, and institutions of the technological realm.
Technological
MIDI incubator within ACATE supports small IT companies. Offers
consulting, inexpensive rental business offices, phone lines, and
Internet service. Contains office space with the capacity to hold 50
companies. Angels
can engage the developing companies as they mature through the
incubators. Angels are individuals/entities that are willing to invest
in the start-ups; this is similar to that of a venture capitalist.
The angels and venture capitalists can supplement incubators
during a course of 2-4 years. Benefits
include infrastructure, knowledge sharing, increased market exposure,
finance, and legal assistance. Brazilian
citizens can submit business proposal to fund their innovated ideas from
the government entities, such as BNDES. Businesses can receive
investments of $4 billion a year. Incubators receive financial
assistance as grants with both no interest and payback commitment.
Reivax
is a supplier of systems and solutions for generation of electric energy
control. Products/services provided by Reivax include voltage
regulators, research, and design. The
top competitors of Reivax are located in Mexico and U.S.A.
This global competition is forcing Reivax to think globally in
order to remain a leader in its industry. Reivax
recently opened a warehouse in the United States in order to avoid
double taxation, which can occur when units enter the U.S. and then are
exported to another country. Similar to ACATE, some employees and
clients are graduates of universities like UFSC, therefore creating and
strengthening a productive IT cluster. Supplier
of systems and solutions of electric energy such as, voltage regulators,
research and design. Known as the ‘Business Center for Advanced
Technology’ (CELTA) with UFSC. Rapidly growing in international
markets as well domestic markets. Desire to be more effective in
software development and financial/accounting practices. IT
companies and universities such as Reivax, ACATE, and the UFSC are some
of the leaders in IT innovation in Brazil. These
companies and universities still must face enormous challenges to their
daily operations.
Advantages Employment
available in a variety of specialties for skilled, qualified employees.
Challenges Florianópolis
organizations lack partnership and collaboration of technology and
innovative ideas among each other. |
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IS 597 Study Abroad, Brazil DePaul University 1 East Jackson Chicago, Illinois 60604
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