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

DIH ON TOUR bus arrives at the Smart Manufacturing Week

05-06-2023

During the Smart Manufacturing Week on 6 and 7 June 2023, the DIH ON TOUR bus will be transformed into a business matchmaking and meeting platform. Board the bus in front of the Luxexpo The Box to interact with representatives from the European Digital Innovation Hub Luxembourg and Saarland. Save the dates for the other upcoming DIH ON TOUR events!
Read more

Combining sustainability and competitiveness

05-06-2023

During the conference "Megatrends 2050: Shaping the future with scientific foresight", Sasha Baillie, CEO of Luxinnovation, reviewed some of these megatrends and how Luxembourg is addressing these challenges. Second part: climate change and resource scarcity.
Read more

Echternach hopping procession: intangible UNESCO heritage

01-06-2023

Anyone passing through the Luxembourg town of Echternach on Whit Tuesday might have seen a curious sight: thousands of people, mainly dressed in black and white, hopping through the town’s medieval streets to a polka melody. This tradition, whose roots go back to the 15th century, has been recognised as an Intangible World Cultural Heritage by UNESCO.
Read more

One sustainable solution, benefits for many companies

31-05-2023

Luxinnovation, in partnership with several partners, creates several solutions that assist different groups of companies to become more sustainable. We examine some of the existing sustainable solutions and others in the pipeline.
Read more

Why choose Luxembourg for business? Discover our new video

31-05-2023

Have you ever considered benefitting from Luxembourg as the launch pad to the European market for your international company? Join us in our innovative virtual studio to discover why you should!
Read more

All news

Close