Impact Finance.
Entrepreneurial Opportunities.
Entrepreneurs can play a key role in innovating solutions to improve lives. Recognising this potential, the Luxembourg government has launched three private sector engagement funds: the Business Partnership Facility, the LuxAid Challenge Fund and the LuxAid Demonstration Fund.
These funds are an integral part of our development cooperation efforts, and their mission consists in fast-tracking solutions that have social and environmental impact and accelerate the Sustainable Development Goals.
Supporting innovation.
Fostering collaboration.
Accelerating positive impact.
Entrepreneurs are pioneering innovative solutions, products, services, or approaches to address key challenges in countries where Luxembourg’s Development Cooperation is active.
Innovations involve discovering, adapting, implementing, and scaling new solutions to address existing challenges or fulfill unmet needs.
We strive to support these solutions and propel them towards success. By leveraging the private sector’s innovation potential, we work to alleviate poverty and enhance access to education, water, healthcare, nutrition, jobs, or other basic rights.
We stand as partners to an impactful private sector, united to nurture sustainable, inclusive growth in developing countries. We are committed to foster the establishment and growth of fruitful partnerships and collaborations between Luxembourg, European private sector innovators, and entities in developing countries.
Empowering private sector innovations at every stage of growth
Our three funds cater to diverse co-financing needs, adapting to their varying stages of maturity.
Business Partnership Facility
Are you an enterprise based in Luxembourg or the European Union eager to develop innovative solutions for developing countries?
The Business Partnership Facility supports partnerships around pioneering projects spearheaded by enterprises based in the European Union, regardless of their stage of development. The innovation should actively enhance living conditions for local communities.
LuxAid Challenge Fund
Are you a young enterprise based in one of Luxembourg Cooperation’s priority countries? Have you developed and tested an innovative approach, product, or service addressing a significant social challenge in your country?
Explore the LuxAid Challenge Fund’s calls for proposals to secure co-financing and amplify the impact of your innovation!
LuxAid Demonstration Fund
Are you a growing, more mature business with an innovative solution, as well as a proven impact and business model? Are you located in Kosovo, Rwanda, or Senegal?
The LuxAid Demonstration Fund supports the take-off of your initiative, empowering you to scale up and amplify the positive impact of your endeavors.
Our vision
Private sector as
change maker
We support enterprises committed to a Responsible Business Conduct (RBC) and pioneering innovations that advance the Sustainable Development Goals.
Collaborative
partnerships
We support equitable partnerships based on risk- and cost-sharing. We walk hand in hand with change makers.
Strong,
lasting impact
We target commercial innovations that deliver positive impact and demonstrate long-term benefits for people in target countries.
Additionality –
Maximise the impact
Our intervention enables the achievement of greater results, that would not have been achieved otherwise, or not as quickly, or not on this scale.
Examples of supported projects
No matching results
News
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Business Partnership Facility
Oct. 2024BPF Event – Inspiring and Connecting Changemakers in Luxembourg!
On 14 October 2024, over 100 people gathered at the House of Startups for a vibrant BPF event filled with inspiration, discoveries, and opportunities to meet pioneers of business innovation. -
Business Partnership Facility
Sep. 2024Innovation for impact: How the BPF is fueling RSS-Hydro’s success in Africa
Big news! The Business Partnership Facility Luxembourg and RSS-Hydro’s groundbreaking project in Niger are featured in Paperjam! -
Business Partnership Facility
Sep. 2024Launch of the 12th edition of the BPF: Business partnerships for sustainable development
Does your company hold expertise or technology with a large social or environmental impact potential? Looking to test your solution through a pilot project or to introduce it to new markets? Apply to the Business Partnership Facility (BPF) to develop new sustainable development projects abroad. -
LuxAid Challenge Fund
Jul. 2024Revolutionising cold food storage with solar power in the Sahel
In sub-Saharan Africa, a striking 38% of food production is lost between cultivation and post-harvest. Could solar energy provide a game-changing opportunity to extend food preservation and strengthen food security? Explore two pioneering solutions from the winners of the first LuxAid Challenge Fund, driving impactful change across the Sahel! -
LuxAid Challenge Fund
Nov. 2023First LuxAid Challenge Fund call for projects launched in the Sahel!
Co-financing opportunities : Young companies in Burkina Faso, Mali and Senegal, on your marks! The Luxembourg Development Cooperation is launching a call for projects to accelerate innovation in distance learning and food safety. Get up to €140,000 in support! -
LuxAid Demonstration Fund
Feb. 2024Recap: Rwanda’s very first LuxAid Demonstration Fund
Rwanda hosted the first edition of the LuxAid Demonstration Fund. Spotlight on promising initiatives to keep an eye on!
