You are a Luxembourg or European private company, you want to discover new markets, build new partnerships and develop synergies with developing countries’ entities in order to set up sustainable business projects in these countries? The BPF is made for you.
Creating sustainable partnerships
The BPF is a financing facility initiated and financed by the Luxembourg government through the Luxembourg Cooperation. The facility aims to encourage the Luxembourg and European private sector to join forces with partners in developing countries to set up sustainable business projects. The facility has an annual budget of one million Euros to co-finance private sector initiatives that contribute to development and job creation in developing countries and/or technology transfer. All sectors of activity are eligible for BPF as long as the proposed project contributes to the achievement of the SDGs
Co-financing in the form of a grant can reach up to 50% of a project’s total budget and must not exceed the threshold of €200,000 (capped at €100,000 for companies engaged in road haulage activities for hire or reward).
The selection is made through a two-stage call for projects : preselection through the application form downloadable from the BPF website and then, for successful applications following that first stage, submission of a detailed proposal.
For more information and to apply click here
Any question? Join the launch seminar on April 20, 16:00, Chambre de Commerce de Luxembourg
Author: LuxDev
copyright picture: LuxDev
InFiNe is the Luxembourg platform that brings together public, private and civil society actors involved in inclusive finance. The value of InFiNe lies in the wide range of expertise characterised by the diversity of its members.
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