Sponsoring Agency: Business Partnership Facility
Deadline Available: Available
Deadline Date (mm/dd/yyyy): 09/07/2021
Size of the Fund: USD $50,000 to $500,000
The Business Partnership Facility (BPF) is initiated and financed by the Belgian Directorate-General for Development Cooperation (DGD) to stimulate private sector involvement in achieving the SDGs in developing countries.
The Business Partnership Facility (BPF) grants financial support to companies contributing to the Sustainable Development Goals (SDGs) in developing countries.
The operational management of the BPF is entrusted to the King Baudouin Foundation. The BPF supports viable, entrepreneurial business initiatives with a strong social impact.
Funding Information
The BPF provides a non-refundable grant between €50,000 and €200,000 that represents maximum 50% of the total investment.
Conditions
BPF-funded projects must demonstrate their social impact and economic viability:
• Social impact, contributing to the SDGs. For example:
o Creation and maintenance of decent jobs,
o Improvement in average income for low income families,
o Accessibility of affordable goods and services,
o Inclusion and economic development of women and young people,
o Positive impact on the environment through saving resources, reducing emissions and/or preserving biodiversity
• Economic viability
o Applicants must clearly demonstrate that the submitted projects/initiatives are:
Able to become self-sustainable,
Scalable,
Replicable.
Eligibility Criteria
• Each applicant is preferably a partnership that brings together actors from the private sector, civil society, academia and/or the public sector. The partnership consists of a minimum of one business partner.
• Projects must take place in one of the 52 developing countries but partners can be Belgian, European or international legal entities, under public or private law.
• The project must be part of the ‘core business’ of the lead company involved.
More information at: https://www.kbs-frb.be/en/Activities/Calls/2021/Copy-of-20181211_MG_001-1
