Do you have questions about obtaining grants or financing within the framework of your project? You may find the response below.

Frequently asked questions about financing

  • Who can receive financing?

  • You can find the eligibility criteria in our brochure which can be downloaded here.

  • How do I submit a request for financing to BIO?

  • Any request for BIO financing must be accompanied by a business plan that allows an initial evaluation of the project to be performed. You can find all the information relating to the procedure on our website, under the “How to apply” tab.

  • What types of financing are provided by BIO?

  • BIO is able to grant financing in various forms – equity, quasi-equity, debt and guarantees – which can be tailored to the local situation and the needs of each project. Some types of financing can be allocated in local currency in order to eliminate exchange rate risks for client companies.

  • What levels of financing are granted by BIO?

  • You can find these amounts in our brochure which can be downloaded here.

  • What are the interest rates on loans?

  • The interest rates charged by BIO are determined on a case-by-case basis and in line with local market conditions. BIO has an additional role in that it grants long-term financing which generally is not granted by traditional commercial banks. As such, BIO ensures that it never enters into competition with local institutions, but instead supplements existing offers.

  • Within what timescale will the decision about my financing request be made?

  • The duration of the investment process between first contact and the final decision varies on a case by case basis. It depends primarily on the promptness with which you provide any potential additional information.

  • I am unable to download the check-list for business plan.

  • Please send a message to , we will send it to you immediately.

Frequently asked questions about grants

  • Is a feasibility study really essential for the success of my project?

  • A dynamic, growing private sector is essential for a healthy economy. Unfortunately, companies do not all enjoy the same degree of success. By conducting an initial in-depth analysis of their project, entrepreneurs can appreciably increase their chance of success. As such, it is recommended that a technical and financial feasibility study is carried out within the framework of the creation of a new company and also for an expansion project for an existing company. This study will allow the management team to be evaluated, the market to be analysed and the financial viability of the investment to be assessed.

  • How do I submit a request for a grant to BIO?

  • All you need to do is send the duly completed grant application form, which can be downloaded here, to . If the form is incomplete or if the required documents are not included, the request for a grant cannot be processed.

  • Who can receive a grant for a feasibility study?

  • You can find the eligibility criteria in our brochure which can be downloaded here.

  • How will the grant be transferred?

  • BIO transfers grants to the sponsor and not directly to the experts. It is then up to the sponsor to pay the independent experts. The total amount is always disbursed in installments and the final one is transferred following verification and approval of the study presented by the experts.

  • I am unable to download the grant application form.

  • Please send a message to , we will send it to you immediately.

  • Unable to find the answer in this FAQ?

  • You can send a message to  or reach us by telephone at +32 (2) 778 99 99.