2021 started with a shock for the Brazilian industry. After more than 100 years of operation in Brazil, Ford Company Brazil decided to close its operations. With more than 5,000 direct employees, the closure of factories in the country tends to worsen a scenario that is already dramatic for the country due to the Coronavirus pandemic and the slow process of economic recovery.
On October 28, 2020, decree 10,534 that institutes the Brazilian National Policy for Innovation and provides for its management and governance was published in the official gazette, the official press agency for publicizing the acts of the Brazilian Federal government. This policy intends to promote and foster innovative initiatives in the federal public sector, as well as to ensure cooperation at the state and municipal government levels; and to improve innovation in the private sector through sectoral coordination promoted by specific ministries, related to the government.