Capacity Building

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BIO enables companies to grow and prosper, to generate jobs and build expertise. In order to accomplish this, clients not only need tailor-made investments but also the skills and know-how to increase their business performance and improve sustainable business development practices at all levels.
Through grants from the Micro, Small and Medium Enterprise (MSME) Support Fund, BIO co-finances Feasibility Studies (FS) and Technical Assistance (TA) projects to complement (prospective) investments.


Instruments

Feasibility study

The FS analyses the technical viability and profitability of an investment project and is indispensable prior to creating or further developing a company. It includes all information (technical; commercial, financial and market; and environmental and social (E&S)) necessary to strengthen the business plan for the investment decision process. FS applications are open to existing and prospective clients.

Technical assistance

Improving business performance, skills and standards are important to ensure the success of a project or company. BIO co-finances TA to support its clients in capacity building through the transfer of knowledge and skills. TA applications are open to existing clients.

Project criteria

Successful applications meet a number of formal criteria. BIO evaluates the project’s development impact, expected outcome, coherence of the work programme, skills of the expert and the practicability of the budget and planning. Projects are to be implemented by external consultants, trainers and experts. Specifically for FS applications, BIO will assess the sponsor’s or promotor’s quality, experience and track record. All proposed projects have to be in line with BIO’s investment strategy and country eligibility criteria. For more information, take a look at our website.

Amounts

For FS projects, the subsidy may account for up to 50% of the total cost with a maximum of €100,000 per client.
For TA projects, the maximum amount is €350,000. Both the budget and the co-financing rate should be proportional to the size and financial capacity of the company.

Eligible costs

Services are carried out by external, independent and qualified experts who are selected through a transparent process and are approved by BIO. Excluded costs are operational costs, audits and in-kind contributions by clients. Projects in progress and costs incurred are also not eligible for BIO co-financing.

Application Process

Ask our team for the application form, fill it out and send it to MSMESupport@bio-invest.be. The MSME Support team will review your application and can support you in further structuring your project.

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