Belgian Investment Company for Developing Countries (BIO)
BIO-Invest is a public limited company established in November 2001 with an initial capital of €5 million, fully owned by the Belgian State. Over time, it received additional capital through development certificates from the Federal Public Service (FPS) for Development Cooperation, along with retained profits, reaching over €1.1 billion in assets under management by the end of 2022. BIO operates under the BIO law, with oversight from the Minister for Development Cooperation, and its collaboration with the FPS is governed by a 5-year management contract. BIO targets SMEs in emerging and developing countries, aiming to promote socio-economic growth through direct and indirect investments, with a focus on confidentiality and tailored approaches.
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