Embrapa generates ‘social profit’ of $11 bn in 2020

The “social profit” generated by the Brazilian Agricultural Research Corporation (Embrapa) reached R$61.85 billion ($11 bn) in 2020. The value was calculated based on the analysis of the economic impact of 152 technological solutions and about 220 cultivars developed by its researchers. The net revenue of the state-owned company, linked to the Ministry of Agriculture, was almost R$3.5 billion ($625 mm) last year.

Source: Valor Investe