Brazil’s Petrobras Has US$ 37 million to Sponsor the Arts in 2007

Brazil's state-controlled oil company Petrobras will introduce today in Brazilian capital BrasÀ­lia the Petrobras Cultural Program (PPC), for public selection of projects for sponsorship.

The program has a total budget of US$ 37,3 million (80 million reais), US$ 28 million of which will be turned to public selection of projects in various cultural segments. The remainder is aimed at projects to be appointed directly by the Petrobras Cultural Board.

For two years now, Petrobras travels to Brazilian capital cities to announce the criteria for project selection. The goal is to foster cultural production in all regions of the country.

Lectures will be free of charge and open to cultural producers interested in enrolling projects in the program. The presentation in Brasí­lia will be held in the morning at Sala Funarte Cássia Eller. At 2 pm, the Petrobras Cultural Program will be presented in the southern Brazilian city of Curitiba, at Museu Oscar Niemeyer.

In the first edition of the program (2003/2004) 68% of the winning projects in the public selections were from Rio and São Paulo. In the following edition the number of Rio/São Paulo projects fell to 43%. In the 2005/2006 edition the participation of the São Paulo-Rio axis dropped even more, to 41%.

Tags:

You May Also Like

Portugal Invests Over Half a Billion Dollars in Brazil. A 49% Jump

Direct investment in Brazil from Portugal rose 48.9% in 2007 in comparison with the ...

Brazilian State Companies Invest US$ 14.5 Billion, a 6% Growth

Brazil's state-owned or controlled companies were sailing on calm waters in the first eight ...

Brazil’s Petrobras Wins 10 Bids to Prospect Oil in the US

Petrobras America, the Brazilian state enterprise’s subsidiary in the United States, knocked down ten ...

Inflation Fear Leads Brazil Central Bank to Raise Interest Rates by Steep 0.75%

The central bank of Brazil raised interest rates by 0.75% to 13% on Wednesday, ...

Brazilian Rancher Threatens Yanomami Shaman with Death

A Brazilian rancher who is illegally occupying land within the Yanomami indigenous territory in ...

Brazil’s Auto Parts Sector Expecting to Export US$ 6.7 Billion, an 11% Growth

Exports of Brazilian auto parts to the Arab countries totalled US$ 23.4 million between ...

Brazil Blames US’s and EU’s Stinginess for Environmental Conference Failure

Brazil participated Monday, February 6, in the final day of the Special Session of ...

Brazil and China Going Beyond the Basics

Trade between Brazil and China should come close to US$ 10 billion in 2005, ...

Saudi Arabia Gets Five More Brazilian Embraer Jets

Embraer, a Brazilian aircraft manufacturer, issued a release July 14 confirming five options for ...

The Alley’s Vampire

Pretty thing are you, I thought cynically, coveting the gorgeous young fascist and his ...