Minas Gerais is one of Brazil’s leading job-creating states, driven by a business-friendly environment that continues to attract private investments. To strengthen its position as a hub for innovation and economic growth, the State Secretariat for Economic Development (Sede-MG) has launched the "Come to Minas" program, offering $4 million (R$ 20 million) in non-repayable grants to businesses across all sectors looking to establish or expand operations in the state.
Since 2019, Minas Gerais has successfully attracted over $90 billion (R$ 461 billion) in private investments, leading to the creation of 240,000 direct jobs across 299 municipalities. In 2024 alone, the state welcomed 228 new projects, securing $14 billion (R$ 70.6 billion) in investments and generating 45,000 new direct jobs in 114 cities.
With over 875,000 jobs created since 2019, Minas Gerais is on track to surpass one million new formal jobs, reinforcing its reputation as a key economic driver in Brazil.
💬 "Our state is full of opportunities, and we remain committed to maintaining an open dialogue with the private sector to create an environment that benefits investors, businesses, and the people of Minas Gerais." – Mila Corrêa da Costa, Secretary of Economic Development of Minas Gerais.
The Come to Minas program is a partnership between Sede-MG, Fapemig (Minas Gerais Research Support Foundation), and Invest Minas, designed to attract Innovation, Research & Development Centers (R&D) and Tech-Based Companies to the state.
Minas Gerais has established itself as a leading industrial and technological hub, attracting global giants that recognize the state's competitive advantages, including:
✅ A complete supply chain ecosystem, supporting industries like automotive, steel, and technology.
✅ Robust infrastructure & skilled workforce, with specialized training programs such as Trilhas de Futuroensuring access to local talent.
✅ Strong industrial policies & tax incentives, making it easier for businesses to invest and expand.
💬 "Minas Gerais offers a full ecosystem of suppliers, innovation centers, and a highly skilled workforce. These strengths, combined with pro-business policies, make the state a leader in industrial development." – Márcio Lima, VP of Legal & Institutional Relations, Stellantis South America.
🔹 Stellantis & ArcelorMittal – Operating in the state for over 20 years, reinforcing Minas Gerais' leadership in automotive and steel production.
🔹 Google – Established its first R&D center in Latin America in Minas Gerais nearly two decades ago.
🔹 Midea – One of the world’s largest home appliance manufacturers, inaugurated a new refrigerator and washing machine factory in Pouso Alegre in December 2024.
💬 "Minas Gerais’ investment in infrastructure, streamlined bureaucracy, and tax incentives create an ideal business climate for companies like ours. In addition, workforce training programs ensure we have the skilled talent needed for long-term growth." – Marcelo Alevato, Financial Manager, Midea Pouso Alegre.
With a strategic location, skilled workforce, and a pro-business environment, Minas Gerais continues to attract high-value investments, positioning itself as a top destination for innovation-driven companies in Brazil.
