Business for development

Support for entrepreneurs in the Global South and investors who commit to creating a positive impact.

In developing countries, the contribution of the private sector is indispensable to ensuring significant and sustainable change. In these countries, the King Baudouin Foundation supports local enterprises in their development projects and particularly those that contribute to achieving the United Nations’ Sustainable Development Goals (SDGs). The Foundation also closely monitors the development of Belgian impact investing – an area showing significant growth.

Our activities

  • as part of the Business Partnership Facility, conducted in partnership with the Belgian Directorate-General for Development Cooperation, we manage the ongoing call 'Enterprises for SDGs', which supports business projects in the Global South that contribute to sustainable development goals
  • we allocate loans and bank guarantees to economic actors in civil society, across various sectors
  • and we regularly conduct research among Belgian impact investors.

Business for development is part of the programme International

More info about our involvement with Africa on


Webinar – Business Partnership Facility – information about the open call for projects

03/12/2021 13:00 until 03/12/2021 14:00

Introductory webinar to the open call for projects ‘‘Business Partnership Facility – Enterprises for SDGs’.

Partnerships, missions, specific initiatives

Business Partnership Facility

The Business Partnership Facility (BPF) grants financial support to companies contributing to the Sustainable Development Goals (SDGs) in developing countries.

Investment for impact - Survey of Belgian actors

Results of a study on developments and trends in the Belgian Impact Investment for Development community, with data, facts and figures from 2016 to 2019

Funds and philanthropic tools

BOC Start-up Fund

Financially investing in the start-up and scaling-up of small-scale enterprises to support local BOC projects and services.

OVO Acceleration Fund

The Fund supports projects in Africa that have a sustainable social and economic impact, through loans adapted to the needs of local entrepreneurs.

Press Releases

Business Partnership Facility : grant support for social impact enterprises is ‘successful model’

16 11 2021

According to an external mid-term evaluation of the Business Partnership Facility programme, financial support for social impact enterprises is ‘successful model’.

Eight business projects in the South receive support from Business Partnership Facility ‘Enterprises for SDGs’

19 08 2021

Eight business projects in the South that are contributing towards the Sustainable Development goals receive support from Business Partnership Facility ‘Enterprises for SDGs’.

Improving social services: European Social Catalyst Fund supports scaling of proven innovations

26 07 2021