AdviceGrants and fundingSupport

Grants for emerging markets

Support your export projects to emerging countries with a grant covering up to 35% of your quote, to boost your competitiveness in strategic markets.

Advantages

Subject to meeting the eligibility criteria, a grant of up to €250,000 and up to €500,000 where the application is also supported by FINEXPO.

Bénéficiaire

Maturity Score≥ 50%

Company profileLE, SME, VSE

The company must have its operational headquarters in Wallonia and be pursuing an international project that generates added value for the Walloon economy.

Eligibility criteria

To qualify for the grant, the project must:

be commercially unviable (no positive cash flow for 10 years),
contribute to the development of the recipient country, which must be an ‘emerging country’
be a local priority,
face competition that also benefits from aid,
be of at least 50% interest to Wallonia.

What do we mean by public and similar customers?

Client Area How to become a client?

Payment of the grant

The funds are released in accordance with the payment terms agreed with the public client.

The company must submit a statement of claims to Wallonia Export & Investment Agency (AWEX) (form sent on request), accompanied by the annexes mentioned in the agreement in principle.

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≥ 50%
LE, SME, VSE

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FAQ

When does the company have to submit its application?

What are the payment terms for the grant?

The grant is paid directly to the company established in Wallonia.

The company may request an advance of 15% of the contract amount covered by the Wallonia Export & Investment Agency (AWEX) grant after signing the commercial contract. This advance will be deducted from subsequent invoices, but cannot be deducted from the final invoice.

The final invoice must be for at least 25% of the grant amount awarded; no deduction of the advance is permitted on the final invoice.
This invoice may only be submitted to Finexpo once the project has been fully and completely implemented (including delivery, installation and commissioning). It must be accompanied by a final report, countersigned by the client, on the completion of the project and the report from the auditor responsible for verifying the project accounts.

Payments are made upon receipt of the following documents sent by the beneficiary company to AWEX: the statement of claims, the invoice, the invoice addressed to FINEXPO, proof of payment from FINEXPO and the report on the progress of the project.

Which countries are eligible for the grant?