search

Established in 2016, the BPF financing facility encourages the private sectors of Luxembourg and Europe to work together with public or private partners in developing countries to support the growth of sustainable and innovative business projects in these developing contexts.

Projects from all sectors are eligible for BPF financing so long as they demonstrate a strong contribution to the achievement of the Sustainable Development Goals, job creation or technology transfer in the partner country.

As in previous years, co-financing in the 2023 Business Partnership Facility is provided in the form of grants of up to €200,000, covering up to 50% of a project’s overall cost.

A two-step selection procedure

The BPF is initiated and financed by the Directorate for Development Cooperation and Humanitarian Affairs of the Ministry of Foreign and European Affairs and implemented by LuxDev, the Luxembourg Development Cooperation Agency, in partnership with the Ministry of Economy, the Chamber of Commerce and Luxinnovation.

The selection process entails a first pre-selection stage for the projects submitted via a downloadable application form. If a project advances to the next phase, the company will be required to submit a more comprehensive proposal.

Luxinnovation can guide interested Luxembourg companies in developing a detailed proposal.

2023 Business Partnership Facility (BPF) application deadlines

Since the last edition in 2022, companies have had the opportunity to respond to the project calls that now take place twice each year.

The deadline for this first Business Partnership Facility call for projects is 30 April 2023. Later this year, a second call for projects will be issued.

Track record of success and local Impact

So far, the BPF has supported 39 projects, mostly in Africa. Project co-financing typically average around €130,000 per project. The creation of a cybersecurity operations centre for microfinance institutions in Senegal, the development of a new electronic cargo tracking slip system in Burkina Faso, the establishment of an organic spice distribution network in Nepal, are some examples of past projects that have received support.

Photo credit: Shutterstock

Read more

Luxembourg wood value chain (1/3): A growing ecosystem

29-11-2023

The new Luxembourg wood ecosystem mapping by Luxinnovation shows an increase in the number of companies. It also reveals that almost 20% of wood businesses were incorporated in the last four years.
Read more

A gateway to Europe from Japan

28-11-2023

A delegation made up of nine innovative Japanese companies is currently visiting Luxembourg from 27 to 29 November 2023, hosted by Luxinnovation and the House of Entrepreneurship. Their objective is to find out how they could benefit from Luxembourg as a gateway to Europe and find partners who could help them expand their business to the European market.
Read more

Data sharing: Bridges built between Luxembourg and Japan

27-11-2023

As one of Luxembourg’s early strategic GAIA-X project, the national GAIA-X coordinator paid a visit to his Japanese counterpart. This visit could lead to a much closer collaboration between Luxembourg and Japan.
Read more

Innovation Fund call for projects significantly reducing carbon emissions open

27-11-2023

The European Union’s Innovation Fund is a cornerstone in the EU’s commitment to combat climate change while promoting groundbreaking solutions in decarbonising industry. The deadline for the open call for projects is 9 April 2024, while the auction for renewable hydrogen project closes on 8 February 2024. The Luxinnovation team is available to inform and support applicants.
Read more

Horizon Europe: On the road to maturity and visibility

22-11-2023

The Horizon Europe Day event organised by Luxinnovation on 7 December 2023 will provide insights into securing funding for research and innovation projects or leveraging engagement in European-scale programmes.
Read more

All news

Close