Business Partnership Facility
Supporting technological and innovative entrepreneurship in Burkina Faso
Project leader
Technoport (Luxembourg)
Local partners
Burkina Business Incubator – BBI (Burkina Faso), La Fabrique (Burkina Faso)
Amount of co-financing
EUR 117,000
- Burkina Faso
- 2020
- Completed
Challenge
deteriorating security environment, poor access to finance, to certain skills and digital technologies, lack of infrastructure, etc.
As a result, certain growth sectors such as agriculture, ICT, engineering and environment are still underdeveloped.
Innovative solution
The partners Technoport and BBI have set up a program to support innovative and technological entrepreneurship in Burkina Faso through three components:
- Skills and technology exchanges between Luxembourg and Burkina Faso companies
- Support for the creation of technological and innovative businesses in Burkina Faso, in particular through training and support for entrepreneurs in the ICT, agriculture, engineering and environmental science sectors
- Strengthening Burkina Faso’s support structures (infrastructure, skills, and networks).
Impact
- Building the capacity of Burkina Faso’s entrepreneurial ecosystem, transferring skills, and strengthening partnerships
- Support for 106 innovative project leaders in Burkina Faso
- Creation of 143 jobs in Burkina Faso
Targeted Sustainable Development Goals
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106 Burkina Faso project leaders in the ICT, agriculture, engineering and environment sectors have been supported and trained.
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Support for project holders by the Technoport and BBI incubators has created 143 jobs in Burkina Faso.
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11 innovative Luxembourg start-ups were supported in the Burkina Faso market with a view to establishing their solutions on a long-term basis.
