Closing : 31 Dec 2028 Updated : 27 Jul 2026

LuxAid Demonstration Fund

Multisectorial — Senegal, Rwanda

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Description

The LuxAid Demonstration Fund is one of Luxembourg's main private sector mobilization tools. It aims to accelerate the growth of African companies that have already demonstrated the commercial viability of their innovations and their impact on sustainable development. The intervention strategy is based on a co-financing mechanism designed to reduce the risk associated with scaling up innovative entrepreneurial solutions. The fund intervenes when a company has moved beyond the experimentation phase but requires financial and technical support to scale up, reach new markets, and strengthen its economic, social, or environmental impact.

Objectives

🚀 Accelerate scaling up:
Enable innovative SMEs to deploy their solutions in larger markets.

🌍 Strengthen impact on the SDGs:
Support innovations that address major social, economic, and environmental challenges.

💰 Facilitate access to finance:
Prepare businesses to attract private investors and additional funding.

🤝 Mobilize the private sector for development:
Make businesses a central player in economic and social transformation.

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