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Investor Presentaiton

THE THIRD WAVE: SUSTAINABLE INNOVATION For the past decade we have been working to strengthen the innovation system in Minas Gerais, by investing in our fundamental assets, starting with our 11 federal universities, 2 state universities, and 9 technological institutes. The Federal University of Minas Gerais (UFMG) is the source of many of the innovative start-up enterprises in the business incubators of Inova, Habitat, and Insoft, and it gave birth to numerous successful companies in Belo Horizonte such as Labtest and Akwan. In 2005 Google acquired and converted Akwan into its Brazilian Research and Development center and its Latin American New Business Development headquarters. UFMG recently spawned BH-TEC, the Belo Horizonte Technology Park, as a new home for many fast-growing innovative firms. Technology parks and business incubators are now proliferating throughout the state, mainly near university campuses, in Vicosa, Itajuba, Santa Rita do Sapucai, Lavras, Araxa, and many other communities. FIEMG
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