BIO Feasibility study & Technical Assistance

BIO stands for Belgian Investment Company for Developing Countries. The mission of BIO is to support a strong private sector in developing and emerging countries by providing access to medium- and long term financing

BIO invests in all sectors, but has a preference for agriculture and agribusiness concerning food production and processing for the local pulation and for export.

Through its Capacity Building Fund, BIO provides grants to co-finance feasibility studies and technical assistance programmes. BIO invests directly in local SMEs and in large companies with a local foothold. A feasibility study and the development of a bankable business plan is considered an essential step in the process of creating or developing a company.

Feasibility study and business plan

  • The feasibility study aims to prove that a project is technically viable, economically profitable and is a pre-requisite in the drafting of the business plan.
  • Grants for feasibility studies are provided up to a maximum of 50% of their total cost and capped at EUR 100,000 per client.

Technical Assistance

  • BIO can also support technical assistance programmes upon request of its investee companies in order to improve performance, become more competitive and strengthen the impact on sustainable development through training, advice and skill transfers. 
  • Grants for technical assistance are provided to a maximum of 50% of their total costs and capped at EUR 350,000 per client. 

These grants are non-refundable.

With the BIO country list you can check whether your target country for investments is included.