The BPF is open to Luxembourg / European private companies active in the sectors of CleanTech, eco-innovation and circular economy, space, Fintech, HealthTech, mobility and logistics, Information and Communication Technologies (ICT) wishing to establish partnerships with their peers, the civil society or state structures in developing countries in order to set up sustainable and innovative business projects.

In 2021, the BPF is also being extended to companies offering projects related to the fight against the COVID-19 pandemic.

This facility is thus based on the concept of public-private partnership through the pooling of resources from North and South private and public actors to ensure the implementation of sustainable entrepreneurial initiatives.

The obtention of the BPF co-financing is subject to a call for projects launched every year and divided in two phases. The successful projects retained at the end of the selection process are co-financed up to a maximum of 50% with a ceiling of 200 000 EUR in the form of a direct grant not refundable and disbursed in one or several instalments.

This co-financing initiated and financed by the Luxembourg Cooperation is to be considered as aid falling within the scope of "de minimis" regulation. The aid is granted by a European Union member state to a company and which cumulated amounts cannot exceed a ceiling of 200 000 EUR (100 000 EUR for undertakings in the road freight transport sector) over the last three fiscal years.