Its objective is to promote the economic development of the state by attracting investments and promoting trade
Invest RS, the Rio Grande do Sul Development Agency, aims to promote the economic development of the state by attracting investments and promoting trade, in cooperation with the government, entities and society.
Created by Law 16.076/2023 as an Autonomous Social Service, the agency is a private law entity that operates in accordance with market rules and standards, in the same way as other similar entities in Brazil. Its model allows for agility in decision-making with flexibility in hiring and remuneration, in addition to providing security in financing.
Inspired by the best examples of development agencies in the world, Invest RS is an initiative to transform the economic reality of Rio Grande do Sul, positioning the state as a competitive player on the international scene, boosting local companies and improving the business environment, so that it becomes attractive to new investments.
Invest RS’s actions will be guided by the Inclusive and Sustainable Economic Development Plan, prioritizing strategic sectors to boost the state’s growth. Its activities are aligned with the Secretariat for Economic Development (Sedec) and other agencies responsible for public development policies.
The agency is composed of two directorates that work in a complementary manner, combining data and information intelligence with practical investment-raising actions.
The Investment Attraction and Trade Promotion Directorate is responsible for building relationships, identifying, prospecting and developing opportunities with investors and exporters and is divided into sectoral management units, which will specialize in priority economic areas.
The Strategy and Intelligence Directorate provides support in data intelligence, preparation of investment and export theses, as well as expansion strategies, concentrating knowledge about the state’s reality.
The Bylaws establish 13 objectives for Invest RS:
- Promote the business environment, development and improvement of the state’s competitiveness.
- Promote coordination with public and private entities, both domestic and foreign, to foster business opportunities and generate jobs and income.
- Assist municipalities in serving investors and developing the business environment.
- Attract new investments and stimulate the expansion of companies established in the state.
- Monitor the development of the activity after the company is established.
- Prospect investment opportunities in the state in Brazil and abroad.
- Provide economic agents with technical, scientific and strategic information that contributes to the development of the state, especially for attracting investment and promoting trade.
- Promote the image of the state as an investment destination.
- Establish and maintain exchanges with national and international organizations that compete for the same objectives.
- Coordinate with state development agencies and other financial institutions to support development programs.
- Develop projects, actions and programs aimed at attracting investment, business qualification and promoting exports.
- Plan and execute the State’s business strategies, both nationally and abroad.
- Carry out other activities that contribute to attracting investment and promoting trade in the State.
