Business Partnership Facility
Supporting technological and innovative entrepreneurship in Burkina Faso
Project leader
Technoport (Luxembourg)
Local partners
Burkina Business Incubator – BBI (Burkina Faso), La Fabrique (Burkina Faso)
Amount of co-financing
EUR 117,000
- Burkina Faso
- 2020
- Completed
Challenge
deteriorating security environment, poor access to finance, to certain skills and digital technologies, lack of infrastructure, etc.
As a result, certain growth sectors such as agriculture, ICT, engineering and environment are still underdeveloped.
Innovative solution
The partners Technoport and BBI have set up a program to support innovative and technological entrepreneurship in Burkina Faso through three components:
- Skills and technology exchanges between Luxembourg and Burkina Faso companies
- Support for the creation of technological and innovative businesses in Burkina Faso, in particular through training and support for entrepreneurs in the ICT, agriculture, engineering and environmental science sectors
- Strengthening Burkina Faso’s support structures (infrastructure, skills, and networks).
Impact
- Building the capacity of Burkina Faso’s entrepreneurial ecosystem, transferring skills, and strengthening partnerships
- Support for 106 innovative project leaders in Burkina Faso
- Creation of 143 jobs in Burkina Faso
Targeted Sustainable Development Goals
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106 Burkina Faso project leaders in the ICT, agriculture, engineering and environment sectors have been supported and trained.
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Support for project holders by the Technoport and BBI incubators has created 143 jobs in Burkina Faso.
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11 innovative Luxembourg start-ups were supported in the Burkina Faso market with a view to establishing their solutions on a long-term basis.
News
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LuxAid Challenge Fund LuxAid Demonstration Fund
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The Luxembourg Development Cooperation has just opened a call for proposals targeting enterprises with bold, innovative solutions to tackle societal challenges. Through the LuxAid Challenge Fund (LCF) and the LuxAid Demonstration Fund (LDF), businesses can secure up to EUR 350,000 in co-financing to scale transformative ideas in manufacturing, education, healthcare,… -
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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. -
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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. -
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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! -
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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!
