Chamber Trade Academy presents a session on aid funded opportunities.
Aid funded business allows UK companies to win business from aid agency projects. The commercial opportunities are created by development and humanitarian aid programmes, funded through International Financial Institutions (IFIs) and Multilateral Development Banks (MDBs).
In many parts of the world, these organisations play a major role in the socio-economic progress of developing nations. This role includes advising on development projects, funding them and providing practical project assistance.
The membership of these institutions is made up of donor countries – who provide loans, credits and grants – and recipient countries. Spending by national governments of recipient countries is typically on projects tied to large-scale programmes of economic and social development.
These programmes support the aims of IFIs and MDBs by:
• reducing global poverty and improving living standards
• supporting sustainable economic growth
• developing regional cooperation
The UK is a donor member of a number of development banks and as a result, UK companies are able to compete for procurement opportunities in bank-funded projects and programs.
Our webinar will discuss how you can benefit from these programmes.
To book email: export@lancschamber.co.uk
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