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Collaboration with the Private Sector

Collaboration with the Private Sector. Agenda . How do we work with businesses at the Embassy? What is Business for Development (B4D)? What is a Challenge Fund ? How does the Challenge work? Setup? Who can apply? What are the selection criteria? Questions .

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Collaboration with the Private Sector

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  1. Collaboration with the Private Sector

  2. Agenda • How do we work with businesses at the Embassy? • What is Business for Development (B4D)? • What is a Challenge Fund? • How does the Challenge work? • Setup? • Who can apply? • What are the selection criteria? • Questions

  3. How do we work with businesses at the Embassy? • The Swedish Economy - knowledge-intensive industries, advanced technological development (e.g. ICT and biomedicine) • Trade Promotion - Sweden exports machines, tools and engineering products to BiH - Sweden imports metal parts and IT services from BiH • Support and Advice (limited) • Economic Reporting

  4. www.sweden.seThe official gateway to Sweden

  5. www.kommers.se National Board ofTrade

  6. www.business-sweden.se Business Sweden

  7. www.seeba.seSouth Eastern European Business Agency

  8. What is Business for Development? • Sida’sProgramme for collaboration with business • Same goals as for development cooperation, i.e. The goal of collaboration with the private sector isto support ”private sector actors that contribute effectively to the objectives of international development cooperation”

  9. Alliances Bring Value Sida’s Development Goals AllianceOpportunity Business Interests

  10. Forms of collaboration Drivers of Change PPDP Challenge Funds Innovative Financing

  11. Trade Promotion • Private Public Development Partnerships (PPDP) • Challenge Fund (the Challenge)

  12. Public Private Development Partnerships

  13. PUBLIC PRIVATE DEVELOPMENT PARTNERSHIPS How does it work? Company Initiation finacialcontribution >50% Sida Support finacialcontribution <50% MOU MOU Third Party Not for profit. Implementor and ownerof the project. PPDP National ministeries/agencies Localstakeholders

  14. PUBLIC PRIVATE DEVELOPMENT PARTNERSHIPS Swedish Transport Academy, Erbil, Iraq • Initiated by Scania • Partnership with UNIDO, Ministry of Labour and Social Affairs Kurdistan, Embassy of Sweden, etc. • Advanced mechanics training; courses in sales, marketing and English • 450 students/year

  15. Challenge Funds

  16. What is a Challenge Fund (CF)? • Competition • Each fund has specific purpose • Each fund has specific criteria • Cost sharing (50%) - Grants and loans - Risk - Committment

  17. Challenge Funds Innovations against Poverty Innovations against Poverty – water facility in the MENA region Innovations for Peace African Enterprise Challenge Fund (AECF)

  18. www.challenge.ba

  19. Whocanapply? • The applying enterprise must be registered in BiH and/or Sweden • The eligible applicants must be micro and small companies according to the EU definition • The companies and/or persons behind the application should have a clean record with the authorities, including having paid their taxes and social costs • It is possible for companies from any sector to apply • All grants are based on a match-making principle • The application must concern a specific project, preferably with an implementation phase of 12 months

  20. Selection Criteria • The likelihood that the project will be commercially successful and provide a clear added value for the future of the enterprise or business venture • The potential employment effect directly or indirectly through sub-contracting, out-grower schemes etc. Youth employment and female employment will have a premium • The export potential • The credibility of the entrepreneur behind the project • The quality of the proposal in terms of specifics, thought out steps, business idea, budgeting, etc.

  21. Launch date: October 15 • Final application date for first call for proposals: November 30 • You must submit your application using the online form • Only applications in English will be accepted • The winning applicants will sign a standard contract with the Embassy of Sweden • A detailed budget is mandatory already in the application phase

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