LDCs in Belgium’s Finexpo SME instrument

Belgium’s Finexpo has a programme whereby Belgian SMEs exporting for the first time who are aiming to provide to public clients in developing countries can benefit from a grant.  The contract amount in the case of exports to LDCs are paid for in full by Finexpo (as opposed to 80% in the case of non-LDC developing countries) but capped at a lower value:

  • “For projects with a Belgian content of 50% contracts up to an amount of 700.000 euros will be paid for 100% with the grant. The maximum contract amount can be 874.000 euros but the part above 700.000 euros has to be paid by the client except for the LDC countries where the maximum contract amount is 700.000 euros.
  • For projects with a Belgian content of 30% contracts up to an amount of 500.000 euros will be paid for 100% with the grant. The maximum contract amount can be 624.000 euros but the part above 500.000 euros has to be paid by the client except for the LDC countries where the maximum contract amount is 500.000 euros.”

More information: SME instrument | Federal Public Service Foreign Affairs (belgium.be)

 

 

SME instrument | Federal Public Service Foreign Affairs (belgium.be)