Danida Business Explorer provides financial support to Danish companies interested in investigating a specific business opportunity in a developing country in Africa, Asia and Latin America, in order to meet development needs in the developing country.
Danida Business Explorer is one of the initiatives in the Government Strategy on Export Promotion and Economic Diplomacy, which was launched in May 2014.
The objective of the Strategy is, amongst others, to create a better cohesion between development cooperation and commercial efforts. Danish companies can make significant contributions to solving key challenges faced by developing countries, promoting sustainable growth and employment in developing countries and in Denmark.
Trade, investment, technology transfer and private sector development is increasingly in demand by developing countries. The significant economic growth in a number of developing countries creates commercial opportunities in markets that have not traditionally been strategic targets for Danish companies.
Danida Business Explorer helps Danish companies to take the first steps into new markets, and contributes to sustainable growth and employment in developing countries.
The total budget allocated for Danida Business Explorer in 2016 is initially DKK 8 million.
You can read more about Danida Business Explorer here.