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You are here: Home / Events / Call for Applications: Business Partnership Facility

Call for Applications: Business Partnership Facility

Deadline: 30 April 2024

Apply for the Business Partnership Facility, a financing facility initiated and financed by the government of Luxembourg through the Luxembourg Cooperation development and carried out by the bilateral Cooperation Agency LuxDev.

The objective of this financing facility is to encourage the private sector in Luxembourg and the European Union to establish a partnership with entities from developing countries in order to set up sustainable business projects in these countries.

Budget

  • The co-financing requested may not exceed 200 000 EUR or 100 000 EUR for companies engaged in road haulage activities for hire or reward.

What kind of projects can be supported by the BPF?

  • The selected business projects need to prove a contribution to the realisation of one or several Sustainable Development Goals (SDG) in the country of implementation of the project. The SDGs provide a roadmap to a better and more sustainable future for all. They address the global challenges they face, including those related to poverty, inequality, climate, environmental degradation, prosperity, peace and justice. The SDGs are interconnected.

What kind of partnerships?

  • The BPF can support projects proposed by different types of partners, such as:
    • lead partner/project leader: a private sector company based in Luxembourg or any other European Union country which ensures the coordination task on behalf of the partnership and has a trade register number in that country;
    • local partner(s): private companies, public entities, universities, research institutes or civil society actors legally registered in a developing country;
    • associated partner(s): other European entities that can bring value to the partnership.
  • The partnership should include at least one lead partner and a local partner.

In which countries can the projects be implemented?

  • The proposed projects must be implemented in developing countries eligible for public development aid, as defined by the Development Assistance Committee.

Eligibility of the Lead Partner

  • Participation in this call for projects is open on equal terms to private sector company or consortium of companies based in Luxembourg or any other European Union country and registered in the commercial register of its country. The lead partners must satisfy the following administrative eligibility conditions:
    • at least three years of existence on the date of signature of the co-financing agreement and at least three years of activity in the sector concerned;
    • average annual turnover of at least 500 000 EUR or three times the total amount of the proposed project in the three financial years preceding the year in which the call for projects is launched;
    • minimum five employees at the time of submission of the project proposal;
    • fulfil the conditions set out in the declaration on honour attached to the application form.

For more information, visit Lux-Development.

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