Business Partnership Facility - Enterprises for SDGs Elke Briers King Baudouin Foundation Brussels, July 2019
Financial support for private sector involvement Summary contributing to SDGs in developing countries ‒ Entrepreneurial initiative contributing to at least one SDG ‒ Partnership consisting of at least one business entity What we ‒ Core business of the business partner(s) support ‒ Project located in country on BIO ’ s list - 52 developing countries ‒ No focus on sector ‒ Non-refundable matching fundig ; BPF funding between € 50,000 and € 200,000 How we ‒ Through continuous call for projects between 2019-2023; two rounds of selections per year with a yearly budget of € 2mio support ‒ Initiated and funded by DGD ‒ Operational management by King Baudouin Foundation (KBF) Second round of applications, submissions until 09/09/2019; meeting selection committee mid December 2019 Third round of applications: submissions between 10/09/2019 and 14/02/2020
BPF targets projects that are entrepreneurial partnerships and contribute to SDGs Target projects ‒ Must contribute to the achievement of at least one SDG in developing countries ‒ Profitable business initiative ‒ A partnership that brings together different actors from the private sector, civil society, academia and / or the public sector in the North and South ‒ Partners may be Belgian, European or international legal entities, under public or private law ‒ The project must be part of the ‘ core business ’ of a business partner involved
BPF projects have to take place in one of the developing countries included in the list of BIO Eligible and focus countries Africa Algeria, Angola, Benin , Burkina Faso , Burundi , Cameroon, Democratic Republic of Congo , Ethiopia, Ghana, Guinea , Ivory Coast, Kenya, Madagascar, Malawi, Mali , Morocco , Mozambique , Niger , Nigeria, Rwanda , Senegal , South Africa, Tanzania , Togo, Tunisia, Uganda , Zambia, Zimbabwe Latin America Bolivia, Brazil, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Haïti , Honduras, Nicaragua, Peru, Paraguay Mekong/South Bangladesh, Cambodia, India, Indonesia, Laos, Mongolia, Myanmar, Nepal, East Asia Philippines, Sri Lanka, Vietnam Other Palestine territories Preference will go to projects in Africa and in particular one the 14 partner countries of the Belgian Development Cooperation (marked)
BPF funded projects must demonstrate their social impact and economic viability ‒ Number of full-time jobs (equivalents) created and maintained (by sex) ‒ Improved average income for low-income families Social ‒ Affordable goods and services for low-income people (by sex) ‒ Inclusion and economic progress of low-income women and youth impact ‒ Positive impact on the environment by saving natural resources, reducing carbon emissions and preserving biodiversity, etc Partnerships must clearly demonstrate how the supported initiatives will Economic ‒ Become sustainable ‒ Show competitive financial performance viability ‒ Show signs of scalability and replication potential
Submitted projects will be evaluated based on clear criteria Evaluation Criteria ‒ Development effects ‒ Sustainability ‒ Innovation (product and/or process), reproducibility and scalability ‒ Additionality ‒ Impact on the sector or the market ‒ Experience and capacity of the beneficiary to implement the project ‒ Degree of co-financing ‒ Efficiency ‒ Inclusiveness ‒ Synergy and complementarity - projects that show proof of complementarity and synergy with other existing projects and/or with actors and partners of the Belgian development cooperation will be favored
Selected BPF projects receive non-refundable funding between € 50,000 and € 200,000 Project funding details ‒ BPF funds between € 50,000 to € 200,000 and up to 50% of the total investment ‒ This implies total project budget must be larger than € 100,000 and at least 50% funded by partners (matching fund) ‒ The budget provided by the partners must be a cash contribution (no valuation of pre-existing assets) ‒ Co-financing can be provided by various private sector companies that submit a joint application for the project ‒ Loans from financial institutions can be considered part of co-financing A total of € 12mio is available for 5 years, € 1mio for the second round (with a maximum of 20 beneficiary projects)
In addition, BPF will provide advisory support through consultants on results-based management and scaling-up Additional advisory provided ‒ BPF funded consultants can be mobilized at the request of the project leader of the partnership, depending on the bottlenecks that may arise during the implementation of the project ‒ A maximum of 7 man days of consulting will be granted per year of implementation of the project ‒ The BPF will finance the consultants' fees, while all expenses (air tickets, accommodation, food, travel, etc.) will be borne by the grantees
The second round of applications will close on the 9th of September 2019, announcement of results by mid-December 2019 Timeline second call for BPF projects ESG Screening Final selection Submissions for Grant + Preselection by independent Announcement second round formalities by DGD & KBF jury 04/11/19 30/11/19 15/12/2019 09/09/19 There will be 10 selections over a period of 5 years, but priorities (countries, themes, … ) can change for the next rounds; the second selection will be announced by mid-December
More information on the website of the KBF www.kbs-frb.be/en/enterprisesforsdgs Jean-Jacques Bastien DGD Jean-Jacques.Bastien@diplobel.fed.be Elke Briers King Baudouin Foundation briers.e@mandate.kbs-frb.be
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