New Training Initiatives and Legislative Efforts Boost Small Business Support in Brazil

Brazil advances support for small businesses through free regional training events and proposed national policy to enhance microentrepreneurial capacitation.

    Key details

  • • Over 500 entrepreneurs participated in a free training event across four Mato Grosso municipalities.
  • • Events focused on sustainable practices and sales techniques tailored for small business owners.
  • • The Chamber of Deputies will hold a hearing on December 13 to discuss Project Law 4447/24 establishing a national training policy for small businesses.
  • • The proposed law includes credit lines, training tools, and a four-year plan in partnership with Sebrae, with annual Congressional evaluation.

Over 500 entrepreneurs across Mato Grosso recently benefitted from the free training event "Conexões que transformam," held in Barra do Bugres, Tangará da Serra, Sapezal, and Campo Novo do Parecis. Organized by Sicredi in partnership with Sebrae and Icatu, the event offered workshops focused on sustainable business practices and effective sales techniques tailored to microentrepreneurs and small business owners. Sessions like Sebrae's "Business with Purpose," which emphasized sustainability's role in value creation, and Icatu's "Transforming Relationships into Business," highlighting empathy and trust in sales, aimed to foster innovation and community economic development.

Meanwhile, at the federal level, the Chamber of Deputies' Finance and Taxation Committee is preparing for a public hearing on December 13 to discuss Project Law 4447/24. This legislation proposes the establishment of the Brazilian Policy for the Training of Individual Microentrepreneurs, Microenterprises, and Small Businesses (PBCSimples). Deputy Erika Kokay, the bill's rapporteur, underlines the critical role of small businesses in job creation and economic sustenance, advocating for integrated public-private initiatives to provide long-term planning, innovation incentives, and export support. The law suggests creating specific credit lines and training tools, with a four-year training plan to be implemented by the Executive Branch in partnership with Sebrae and subject to annual Congressional evaluation.

These developments reflect a comprehensive approach to empower small businesses in Brazil through capacitation and supportive public policies, aiming to stimulate economic growth, job creation, and sustainable development at regional and national levels.

This article was synthesized and translated from native language sources to provide English-speaking readers with local perspectives.