BIO receives public funds to carry out its mission. Its investment decisions must therefore result from an in-depth and transparent analysis and evaluation process. As continuity is an essential condition for the success of any enterprise, great importance is paid to principles of good governance, ethics, environmental protection, social issues as well as health and safety in the workplace.
The decision-making process
On the basis of an analysis by the Investment Officers, BIO’s investment Committee decides whether or not to grant the project admission approval, the essential condition for detailed « due diligence » involving an on-site investigation mission. The final analysis is then presented to BIO’s Board of Directors, which takes the final decision. At this point, and even before the signing of the contract, BIO reserves the funds committed to ensure that they will be available when required.
Project monitoring
BIO has also set up a monitoring and reporting system to ensure the good financial performance of its investments and to make sure that they meet its development criteria in terms of creation of quality jobs, environmental protection and transfer of technology and know-how.
Requests for financing
Any request for BIO financing must be accompanied by a business plan that allows carrying out an initial evaluation of the project. This must include, among other things, a description of the products, the clients, the competition, the suppliers and the management. It should also include the short and medium term financial forecasts that make it possible to evaluate its growth potential and financial returns. You will find all the information you need to help you draw up this plan in the links shown in the right hand column.
BIO’s Investment Officers evaluate the projects and regularly inform promoters on the evolution of their application. Each project is handled with the utmost confidentiality.
