Hailing the success of last year’s drive, the Minister for Cooperation and Humanitarian Action, Romain Schneider, today launched a second call for proposals for the Business Partnership Facility, a mechanism for creating partnerships between Luxembourg and European companies and companies, civil society and state agencies in developing countries, in particular those in which Luxembourg is present. The Facility specifically targets the ICT, Fintech, Renewable energy and Biohealth sectors.
"The number of proposals received in 2016, as well as the quality and innovative nature of the dossiers selected in the first call, have confirmed our approach," said Minister Schneider, adding "the private sector is an increasingly important player in the field of development cooperation, notably in terms of job creation and technology transfer, but also as a multiplier of public funding, thereby improving the quality of life of people in developing countries in a sustainable way. “
The Facility has a budget of €1 million, which can be directed towards co-financing up to a maximum of 50% with a limit of €200,000 in the form of a direct grant.
More information on the second round can be found on the website: www.luxdev.lu/en/tenders/bpf of LuxDev, which manages the call for proposals on behalf of the government.
