The general objective of this article is to establish "state of the art" on the Programa de Apoio à Pesquisa em Empresas (PAPPE) and TECNOVA. These programs are focused on financing innovation in the modality of Economic Subvention (ES), which means the provision of public resources directly to companies for the development of Research and Development (R&D) activities. For this reason, the Capes Dissertation and Thesis Bank was used. The main results showed that the theme is of interest to researchers from north to south of the country, with emphasis on the Southeast, Northeast and South regions. Applied Social Sciences, Engineering III and Multidisciplinary were the areas of Knowledge that most sought to study ES. The importance of this type of financing for the performance of the beneficiary companies, the business maturity for the success of the projects and the relevance of the program to expand the cooperation of companies with the university were observed in the selected studies. The analysis of the studies carried out makes it possible to recommend the continuity and strengthening of the financing policy for innovative activities in the ES modality in the Brazilian states.
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