The Minister of Cooperation and Humanitarian Action, Franz Fayot, and Carlo Thelen, CEO / Director General of the Chamber of Commerce, launched last Friday, February 28, 2020, the 5th edition of the Luxembourg Business Partnership Facility (BPF). Organised at the Chamber of Commerce, the event was attended by nearly 130 people, the vast majority of whom were entrepreneurs. BIM e-Solutions and UPTION, two companies that benefited from the initiative, gave an update about their experience to an interested audience.

BPF is a financing facility aimed at encouraging the Luxembourg and European private sector to cooperate with partners in developing countries to set up sustainable commercial projects. Co-financing takes the form of a donation which can reach up to 50% of the total budget of a project, without however exceeding the threshold of 200,000 euros. It contributes to the development and creation of jobs in developing countries and / or to the transfer of technology.

Several sectors are eligible: CleanTech, eco-innovation and circular economy; Space; Fintech; HealthTech; Mobility and Logistics; Information and communication technologies (ICT).

Minister Fayot explained the role, responsibility and opportunities for the private sector to build these new markets and help address the challenges of sustainable development. He also highlighted the many benefits of these partnerships for the private sector, particularly in terms of job creation, innovation, investment and capacity building.

Carlo Thelen, for his part, reiterated the support of the Chamber of Commerce and underlined the excellent collaboration between the Directorate for Development Cooperation and Humanitarian Action, LuxDev, the Ministry of the Economy and the Chamber of Commerce in the context of the BPF: “This intelligently combines the tools of the Directorate of Cooperation with the efforts of the Chamber of Commerce and the Ministry of the Economy in promoting internationalisation.”

Representatives of BIM e-Solutions and UPTION, two companies that benefited from BPF in previous editions, testified to their respective experiences during a panel discussion, followed by questions from participants.

The call for applications for the 2020 edition of BPF is open until May 8, 2020.
Information is available at:


Read more

$21 million for carbon negative construction


LEKO LAB's $21-million Series A funding is one of the most substantial capital raises in the sustainable building sector in Europe. CEO Remo Gerber speaks about how the company will impact the construction sector in the years to come.
Read more

Smart Manufacturing Week 2022 coming soon


The 5th edition of Smart Manufacturing Week, from 8 to 10 June, will focus on sustainability issues in industrial processes and activities.
Read more

The best time to invest


A dynamic start-up hub requires entrepreneurs with great ideas – and investors willing to provide the means for these ideas to become a reality. A growing number of venture capitalists and business angels in Luxembourg are active on the local market and investing in promising start-ups that have the potential to make it big time in the future.
Read more

A start-up ecosystem for acceleration and growth


With a fast-growing entrepreneurial community, Luxembourg is a rising star on the global start-up scene. Strategic investments in a favourable environment as well as a dynamic and open-minded business sector attract promising young companies from near and far.
Read more

Luxembourg at the Tomorrow in Motion Forum


The meeting of the Greater Region's automotive industry players is scheduled for 14 and 15 June in Metz.
Read more

Resources all news