Junior Development & Sustainability Internship

Company Details

The Belgian Investment Company for Developing Countries - BIO is a development finance institution owned by the Belgian government that seeks to support the private sector in developing countries by investing in local enterprises, either directly or indirectly (e.g. through financial institutions or investment funds).



Your role

This D&S intern position will be based in the Development and Sustainability Unit, which is responsible for the development effects analysis and Environmental & Social (E&S) risk assessment of BIO's investment projects. The Unit also manages the Business Development Support Fund (BDSF), a facility which provides grants to BIO’s prospective/portfolio companies to finance feasibility studies and technical assistance programmes. 

You will contribute to enhance BIO’s development indicators data collection, reporting/monitoring and analysis of the development effects of BIO’s investments.

Development effects reporting and analysis

  • Contribute to improve the documentation, reporting and monitoring of development indicators of BIO’s ongoing (and exited) projects, by reviewing project’s documentation and check available development data;
  • Work in close cooperation with the Development Team to collect the development indicators documentation and process data as well as quality checks;
  • Aggregate development data through advanced Excel functionalities (e.g. query editor). Cleaning and formatting of new development reporting templates;
  • Work on development effects analysis and results presentation;
  • Contribute to BIO data gathering for indirect impact modelling – Joint Impact Model https://www.jointimpactmodel.com/ ;
  • Contribute to the update of BIO’s development assessment and monitoring tools;
  • Contribute to the dissemination effort (BIO’s Development & Sustainability report 2022, internal presentations, report to Belgian Ministry for Development Cooperation, Stories of BIO’s development impacts,…) .

Within your role at the Belgian Development Finance Institutions (DFI), you will also have the opportunity to touch upon Development and Sustainability topics related to development finance. Besides, you will better understand how a DFI works and finance projects, its mission and how it can create real local development impact in developing and emerging economies.





Main skills required

  • (Ongoing) Master’s degree in International Development or Political Science with a focus on Development policy, in Development Economics and/or Business Administration
  • Interest for development cooperation and private sector development
  • Good reporting/database management skills and interested to contribute to database improvements
  • Very good command of MS Excel
  • Solid organizational and planning skills
  • Written and oral fluency in English. French, Spanish and/or Dutch are nice-to-have.
  • Good writing skills
  • Good interpersonal skills and ability to work in teams

Would be an asset

  • Knowledge of SDG framework
  • Knowledge of Development Finance institutions activities and objectives
  • Previous experience within an impact investing institution/company and/or in development cooperation 
  • Knowledge of development M&E methodologies and tools
  • Advanced knowledge of MS Excel (Query editor, Visual Basic)
  • Previous experience with the development of Excel-based tool development and/or database management


You must be enrolled as a student to be eligible to apply.


  • We are located in Brussels, easily accessible by public transport.
  • During of the mission: 4 months (September to December).


Thomas Destrebecqz