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Launch of the 12th edition of the Business Partnership Facility
Does your company hold expertise or technology with a large social or environmental impact potential? Looking to test your solution through a pilot project or to introduce it to new markets? The Business Partnership Facility (BPF) gives you the boost you need to expand internationally and make a meaningful impact.
Forging economic partnerships to tackle critical societal issues
Acknowledging the pivotal role of the private sector in achieving the UN's Sustainable Development Goals, Luxembourg's ministry of Foreign and European Affairs, Defence, Development Cooperation and Foreign Trade created the BPF in 2016. Over the course of its previous eleven editions, this program has backed 44 partnership projects between European businesses and entities based in over 20 developing countries. The BPF targets solutions addressing key societal challenges in partner countries: poverty, food security, climate change, quality education, decent work, job creation, access to clean water, and more.
During the last edition, three partnership projects were selected:
- Fairkoperativ (Luxembourg) contributes to strengthening the local dairy sector in Burkina Faso by developing innovative products for the local market;
- E-LMA (Luxembourg) aims to create qualified jobs in Kosovo by establishing back-office structures for Luxembourgish enterprises in the financial sector;
- Madewithlove (Belgium) plans to transform the e-mobility landscape in Kenya with an affordable and reliable energy system for a local transportation solution.
Leveraging the innovation capacity of Luxembourgish businesses
As part of the 12th edition of the BPF, a new call for proposals is now open.
The BPF targets Luxembourgish or EU-based enterprises, registered for over three years, with a minimum turnover of EUR 500,000 (or three times the amount of the requested co-financing), and employing at least five people. It offers co-financing of up to EUR 200,000 for the implementation of an innovative and impactful project within a strong partnership with an entity in a developing country (business, NGO, public entity, etc.). Whether through knowledge transfer, feasibility studies, or piloting new solutions in untapped markets, the goal is to bring the benefits of innovations "Made in Luxembourg" to developing countries and establish mutually beneficial partnerships.
Submit your project by October 31st on the new website
Check out the new website for the practical guide and to submit your proposal online.
This edition introduces a fully digital selection process: both steps are now online. Enterprises should submit their applications via the platform. After an initial screening, pre-selected candidates will move to step 2 to present detailed proposals and pitch their projects to the selection committee. The final selection will be made in Spring 2025.
Curious to learn more? Join our online info sessions and get your questions answered live!
Save the date!
Join us on October 14 at 3:30 PM at the Luxembourg House of Startups. Don’t miss this unique chance to meet the visionaries with the BPF, explore opportunities for your business, and network with the changemakers community.
Registration: https://bit.ly/evenement-BPF
The BPF is initiated and funded by the Directorate for Development Cooperation and Humanitarian Affairs of the Ministry of Foreign and European Affairs, Defence, Development Cooperation and Foreign Trade and implemented by LuxDev, the Luxembourg Development Cooperation Agency, in partnership with the Chamber of Commerce, Luxinnovation, and the Ministry of the Economy.
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