Are you a Kosovo* based enterprise offering high-impact business-oriented innovations for a more circular, digital and talent-rich manufacturing sector? Or focusing on innovative solutions for the digitalisation of education, healthcare, or mobility services?
Are you looking for capital to accelerate or scale your solution?
Discover the co-financing opportunities offered by the LuxAid Challenge Fund (LCF) and the LuxAid Demonstration Fund (LDF)! The call for proposals is now open in Kosovo! You have until January 24, 2025 apply!
Apply to the LuxAid Challenge Fund
Apply to the LuxAid Demonstration Fund
The LuxAid Challenge Fund and the LuxAid Demonstration Fund are a new initiative from the Luxembourg Development Cooperation aimed at pioneering commercial solutions that tackle development challenges.
The current call for proposals offers two funding windows:
- The LuxAid Challenge Fund is focusing on startup enterprises that have already tested their innovative product or service on the market with first customers and have generated sales revenue. LCF co-financing will support projects targeting a demonstrable impact on the Sustainable Development Goals (SDGs) through the expansion of the customer base, the adjustment of the business model to the market, and/or the preparation for a first external investment. Through this call for proposals, 3 to 4 innovations will be granted between EUR 50,000 and EUR 120,000, representing a maximum of 70% of their project costs.
- The LuxAid Demonstration Fund targets well-established, mature enterprises in Kosovo with proven innovative and commercially viable solutions. The Fund will typically focus on supporting the scale-up of the solutions whose impact has been proven on a smaller scale, yet present challenges to grow. Moreover, it targets projects with a potential to inspire changes in a value chain or market segment. Through this first call for proposals, 3 – 4 innovative solutions will be granted up to EUR 350,000 per project, representing up to 50% of their project costs.
Source: LuxAid Demonstration Fund – Scaling impact through innovation