WEG was one of the companies from Santa Catarina to receive the 2023 iNO.VC ArcelorMittal Innovation Award in the Open Innovation Company category of Santa Catarina.

The categories include open innovation company, innovation environments, open innovation academy, startup of the year, and ESG (Environmental, Social, and Governance) standout startup.

Created with the aim of highlighting startups, companies, academy, and partners in the challenges and business opportunities of ArcelorMittal, the iNO.VC Program recognizes outstanding initiatives in the Brazilian states of Espírito Santo and Santa Catarina.

Investing around 3% of its net operating revenue in R&D in 2023, WEG has more than 120 Research & Development laboratories in 12 countries and more than 30 innovation and product customization centers, where advanced technologies in energy efficiency, industrial automation, electric mobility, renewable energy, and digitalization, among others, are developed, resulting in technologically innovative products and services.

This Tuesday (16), representatives of the winning companies and institutions attended the in-person award ceremony. WEG was represented by Sebastião Lauro Nau, Innovation Management Manager, and Matheus André Campregher, Innovation Specialist.