Apply for PROSSEV-BF Initiative to support SMEs (Burkina Faso)

The PROSSEV-BF is a EUR 1.7 million initiative, financed by the Luxembourg Cooperation through LuxDev, which provides a combination of grants and technical assistance to private companies with the ambition to green their production facilities.

This project is implemented mainly in 2 regions (Centre region and Hauts-Bassins region) and it is part of the support to the sustainable management of the resources program, financed by the Grand Duchy of Luxembourg and implemented by LuxDev, aimed at supporting private sector initiatives in the energy transition of key sectors of the national economy towards a greener and more inclusive economy.

Beneficiaries will have to demonstrate their ability to co-finance the solar systems they acquire.

Objectives

• Promote solar installations for productive use for companies with high potential for job creation in Burkina Faso by facilitating their access to finance.
• To encourage job creation by Small and Medium-sized Enterprises (SMEs)/Small and Medium-sized Industries (SMIs) that are beneficiaries of the project and that have the ambition to green their production processes and systems.
• Facilitate the installation of quality solar systems that relieve contractors from power outages and stabilize their economic activities by providing reliable energy.

Funding Information

• The maximum grant that can be requested by a company in the framework of this project is capped at 100,000 EUR.
• The project is implemented over a total duration of 17 months. The activities will take place from May 1, 2024 to September 30, 2025.

Types of support complementary to the Grant

• The technical assistance offer includes:
  • Provision of targeted technical assistance to beneficiary companies. This technical support is mainly intended for SMEs/SMIs under contract under this project, and which would present gaps in one or more sectors of their activities. The goal is to fill these operational gaps and make these companies more efficient in order to achieve the impact objectives set.
  • Cross-company learning in portfolio companies through open-source networks, industry associations, and other instruments. This learning also involves a workshop to connect and share experiences between all the companies in the portfolio.

Expected Impact

• Quantitatively, the project essentially aims to achieve at least the following results:
  • 25 private companies (SMEs/SMIs) whose facilities are subsidized.
  • 5 companies installing solar systems and productive solar technologies are qualified to carry out the various installations of the project.
  • 175 new direct and indirect jobs created by companies and across their value chains.

Target Beneficiaries

• The final beneficiaries of this financing are private companies (SMEs/SMIs) whose ambition is to promote and finance the installation of solar technological equipment for productive use in order to green and optimize their production systems. These companies must be able to demonstrate that the greening of their production units can lead to the creation of jobs in their value chains. Target companies must operate, but are not limited to, in one or more of the following agricultural and agribusiness sectors and value chains:
  • Value chains of non-timber forest products (shea, desert date palm, locust bean, moringa, tamarind, baobab, honey and its derivatives, etc.);
  • Fisheries production and processing;
  • Mango Value Chain;
  • Rice value chain;
  • Market gardening value chain;
  • Livestock, poultry and other livestock products value chain;
  • Oil palm value chain;
  • Waste recovery;
  • Cotton value chain.

Geographic Focus

• The project is intended for private companies operating in the Centre region and the Haut-Bassins region of Burkina Faso. The capitals of these regions are Ouagadougou and Bobo-Dioulasso respectively. All companies active in urban and rural areas of these 2 regions are targeted.

Eligibility Criteria

• Private sector companies legally constituted in the territory Burkinabè, regardless of the legal form, and who have a minimum 2 years of existence and activity are eligible.

For more information, visit AECF.