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Economic development

Sergipe State of Brazil Boosts Science and Technology Investments Through Funtec Fund

Strategic Insights

— 2 min read

The state of Sergipe, in northeastern Brazil, is emphasizing the importance of science and technology in its development strategy. To celebrate Science and Technology Day on October 16th, the Sergipe government highlighted its State Fund for Scientific and Technological Development (Funtec), which finances projects and talent in the field. Funtec, managed by the State Secretariat for Economic Development, Science, and Technology (Sedetec), allocated R$21.7 million in 2025 to various institutions, including the Sergipe State Foundation for Research and Technological Innovation (Fapitec/SE), the Sergipe Technological Park (Sergipetec), the Sergipe State Institute of Technology and Research (ITPS), and the social organization The Human Project (THP). These initiatives aim to foster scientific advancement, entrepreneurship, and integration between universities, research centers, and the manufacturing sector.

Key Takeaways:

  • Funtec, a state fund for scientific and technological development, allocated R$21.7 million in 2025 to support various initiatives in Sergipe.
  • The fund is managed by the State Secretariat for Economic Development, Science, and Technology (Sedetec) and finances projects and talent in the field of science and technology.
  • The investments from Funtec have contributed to Sergipe's improvement in the State Competitiveness Ranking, with the state ranking 6th in Brazil in the Innovation segment and 2nd in the Northeast.
  • Fapitec/SE received R$5.5 million from Funtec in 2023, which increased to R$12.1 million in 2024 and R$15.4 million in 2025.
  • The Sergipe Technological Park (Sergipetec) received R$3.5 million from Funtec in 2025 to develop research and projects in strategic areas, including renewable energy and artificial intelligence.
  • The Human Project (THP), a social organization supported by Sedetec, received R$1 million from Funtec in 2025 to continue its social technologies initiatives.
  • Between 2023 and 2025, Funtec's executed and committed funds have increased, rising from R$10 million to R$21 million.
  • Sedetec and the Sergipe State Government are reinforcing their commitment to science and technology, reinforcing its vision for the future based on knowledge, innovation, and human capital development.

Statistics:

  • R$21.7 million: The total amount allocated by Funtec to support various initiatives in Sergipe in 2025.
  • R$5.5 million: The amount allocated to Fapitec/SE by Funtec in 2023.
  • R$12.1 million: The amount allocated to Fapitec/SE by Funtec in 2024.
  • R$15.4 million: The amount allocated to Fapitec/SE by Funtec in 2025.
  • R$3.5 million: The amount allocated to Sergipetec by Funtec in 2025.
  • R$1 million: The amount allocated to THP by Sedetec through Funtec in 2025.
  • R$10 million: The amount of Funtec's executed and committed funds in 2023.
  • R$18 million: The amount of Funtec's executed and committed funds in 2024.
  • R$21 million: The current amount of Funtec's executed and committed funds, reaching its highest value.

Sources:

  • News release from the Government of Sergipe: "Sergipe amplia investimentos em ciência e tecnologia com apoio do Fundo Estadual"
  • State Secretariat for Economic Development, Science, and Technology (Sedetec)

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