What is it about?
The BPF is initiated and financed by the Belgian Directorate-General for Development Cooperation (DGD) to stimulate private sector involvement in achieving the SDGs in these countries:
Algeria, Benin, Burkina Faso, Burundi, Cameroon, Côte d’Ivoire, DR Congo, Egypt, Ethiopia, Ghana, Guinea, Kenya, Madagascar, Malawi, Mali, Morocco, Mozambique, Niger, Nigeria, Palestine, Rwanda, Senegal, South Africa, Tanzania, Tunisia, Uganda, Zambia.
What does the BPF support?
The BPF supports viable, entrepreneurial business initiatives with a strong social impact.
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. Partners can be Belgian, European or international legal entities.
BPF-funded projects must demonstrate their social impact and economic viability:
Social/environmental impact, contributing to SDGs. For example:
- Creation and maintenance of decent jobs
- Improvement in average income for low income families
- Accessibility to affordable goods and service
- Inclusion and economic development of women and young people
- Positive impact on the environment through saving resources, reducing emissions and/or preserving biodiversity
Applicant must clearly demonstrate the submitted projects/initiatives are:
- able to become self-sustainable
The seventh call for projects is open to projects in different sectors. In this call, priority will be given to projects around three themes:
- Climate, environment and biodiversity
- Gender and female entrepreneurship
- Decent work and social protection
From the eighth selection round onwards, only projects around these three priority themes can be considered for financial support.
How does the BPF support?
You can only apply online via the website of the KBF when a call for projects is open. We have 2 selection rounds every year.
Projects selected by an independent jury receive non-refundable funding between 50,000 to 200,000 euros. The grant can represent maximum 50% of the total investment.
In total, there is a budget of €12mio available to support projects and to manage the calls during 5 years. For every selection round there is €1mio available for grants.
Which projects already received a BPF grant?
Since the first call for projects in 2019, 36 projects already received a grant for a total of 5.88 mio euros.
The Directorate General for Development Cooperation and Humanitarian Aid (DGD) looks after the different aspects of Belgian Development Cooperation. DGD falls under the authority of the Minister of Development Cooperation.
Kosmotive will produce ecofriendly sanitary pads. They will employ 100 young women and make the pads available to each underprivileged girl in Rwanda by the end of 2023.
Central Tea Cooperative Federation Ltd
The project contributes to sustainable financial, social, and environmental benefits for 1500 smallholder tea farmers through value chain enhancement via the cooperatives.