The Development Cooperation Program for the private sector (B2B Program) of the Czech Dvelopment Agency aims to 1) involve Czech entrepreneurs in development cooperation; and 2) at the same time support the development of the private sector in third countries. The Program also helps meet the Goals of Sustainable Development.
It is particularly suited for small and medium-sized businesses that bring innovative business ideas with the potential to address development challenges in partner countries. The private sector plays an irreplaceable role in international development; it provides new job opportunities for local people, passes on the necessary know-how and technology, increases employment, and brings European standards and quality. The B2B Program supports the creation of business partnerships and takes away the risk of entering the development market by up to 90% co-financing. It operates in the de minimis subsidy scheme (small-scale support). The Program consistently seeks to minimize the administrative burden for entrepreneurs.