Federacion Venezolana de Baloncesto

Federacion Venezolana de Baloncesto is a state-owned entity based in Venezuela, founded in 1935, with approximately 30 employees, and reported $2.1M in revenue as of 2023. The organization's main activities include sports tickets, merchandise, and sponsorship. Functioning as a governing body for basketball in Venezuela, it directs and oversees all of the basketball national teams of Venezuela, encompassing both the junior and senior national teams for men and women. The entity operates as a non-profit organization and represents the International Basketball Federation (FIBA) in Venezuela, handling the country's international representation in the sport's events. Its responsibilities include the formation of national basketball teams for international competitions, covering both 5vs5 and 3vs3 modalities.