Lodged in a typical Avenida Paulista glass building and run by one of the country’s largest banks, Banco Itaú, this institute holds temporary, contemporary art exhibitions. The initial goal of the centre was to set up a computer database on which it could store information on Brazilian arts and culture, and in 2000, a large collection of online works was made available to the public through Enciclopédia Itaú Cultural. In 2002, the institute moved into its current building, from which it supports and stimulates the development of digital/media art and interdisciplinary productions.