What are BLP’s finance services support
BLP offers SMEs the opportunity to mix and match its financial support services.
Eligible SMEs can access subsidised advisory services to assist with loan applications, while using grants as loan equity towards BLP concessionary loan products, or to access other commercial loan products.
A new Co-Investment Fund (CIF) is now available to SMEs and will be introduced progressively to Pacific countries where we operate. The Fund provides financial support to SMEs by matching their project funds to boost their overall project fund size and impact. The Fund is designed to give SMEs enhanced access to finance and investment to improve larger project business performance and to foster job creation, and social and environmental sustainability.
BLP’s Grants and Subsidies:
BLP offers business grants and subsidies to support SMEs in the Pacific Islands with local services and funding to improve their economic, social and environmental outcomes.
SMEs with up to 50 employees based in Cook Islands, Fiji, Kiribati, Nauru, Niue, Papua New Guinea, Samoa, Solomon Islands, Tokelau, Tuvalu, Tonga and Vanuatu are eligible to apply through BLP’s partners and network of business advisors.
Applications from businesses led by women, youth, communities, or underrepresented groups are encouraged.
Business Support Grants and Advisory Services Subsidies are managed by BLP, assisted by the BLP Network of Business Advisory Service Providers (BASPs) and local partners such as Chambers of Commerce and other private sector organisations (PSOs).
Grants and Subsidies are funded by the New Zealand Ministry of Foreign Affairs and Trade (MFAT).
Support for applications is available through BLP’s local partners. You can find BLP’s partners’ details here https://about.businesslinkpacific.com/countries/
Applications for Business Support Grants and Advisory Services Subsidies are open on a rolling basis. Assistance with applications can be made through BLP’s local partners and are to be submitted online.
Application results are provided once the individual applications are submitted and reviewed.
Grants and Subsidies are funded by the New Zealand Ministry of Foreign Affairs and Trade.
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Full application guidelines are available for grants and can be downloaded here. Grant application forms are available here
Full application guidelines are available for subsidies and can be downloaded here. Applications for subsidies are available through BLP approved business advisors, search for an advisory services provider here.
For more information about the Co-Investment Fund criteria and guidelines, go to the BLP Portal: here