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Business Partnership Facility

The Business Partnership Facility is an initiative of the Luxembourg Cooperation. It aims to co-finance innovative, high-impact business partnership projects between a European company and an entity based in a developing country!

 

Are you a European company? Would you like to discover new markets and share your know-how or technology with as many people as possible? This funding is for you!

 

BENEFICIARIES

The project leader must be a private-sector company based in Europe, coordinating the project on behalf of the partners, including at least one local partner (public or private entity, university, research institute or civil society player established in an eligible developing country).

The project owner must meet the following conditions:

  • at least three years of existence at the date of signature of the co-financing agreement and activity in the sector concerned;
  • average annual sales of at least €500,000 or three times the total amount of the proposed project over the three financial years preceding the year in which the call for projects is launched;
  • minimum of five employees at the time of submission of the project proposal;
  • meet the conditions set out in the declaration of honour attached to the application form;
  • comply with the "de minimis" regulation

 

PROJECTS

All sectors of activity are eligible for GMP, provided that the proposed project contributes to achieving the Sustainable Development Goals (SDGs). Proposed projects must be implemented in developing countries eligible for official development assistance.

 

Examples of projects that can be supported:

  •  a feasibility study ;
  •  structuring a production chain or deploying an innovative solution on a larger scale;
  •  a pilot project in a new market.

 

The key is to contribute directly to the achievement of one or more Sustainable Development Goals (SDGs) in the country where the project is implemented.

AMOUNT

GMP is based on co-financing of up to 50%, up to a maximum of €200,000.

 

Please note: co-financing provided by partners cannot come from another grant. Loans from financial institutions may be considered as part of the co-financing.

 

DEADLINES

The BPF operates on the basis of a call for projects. Two calls for proposals are planned each year. The AAP is currently open, with a closing date for applications of October 31, 2024.

 

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