FAPESP is the São Paulo Research Foundation, a São Paulo-based foundation that deploys capital through research grants, scholarships, fellowships and collaborative research programs. It supports early-stage research and innovation projects in Brazil, with international collaboration including Europe, across areas such as biotechnology, agriculture, energy, climate, water, materials, life sciences, education and impact. It is most relevant for research-intensive founders and companies with São Paulo or Brazil ties seeking grant or public-sector research funding rather than conventional equity venture capital.