Business · Companies · 3 hrs ago

Brazilian cultural projects raised R$1.67 billion by October

Brazilian cultural projects raised R$1.67 billion by October

Cultural projects in Brazil raised R$1.67 billion from January to October, according to the Ministry of Culture.

The total came as 25,650 proposals were submitted, up 11.6% from 2025.

The proposals use the Rouanet Law, a Brazilian cultural funding scheme created in 1991.

Companies and individuals can support approved projects and deduct some or all of the amount from income tax, within legal limits.

Projects are reviewed by the ministry and generally must offer public benefits, such as free tickets or accessible events.

Regional programs helped increase submissions outside the Southeast, with the North, Northeast and Center-West together recording 54.5% more proposals than in 2024.

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