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Evaluatierapport (PDF, 6.47 MB) - Buitenlandse Zaken - Belgium

Evaluatierapport (PDF, 6.47 MB) - Buitenlandse Zaken - Belgium

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FINEXPO EVALUATION<br />

- Emerging countries fund (60 countries): 35% tied grant.<br />

Their support targets Walloon small and medium enterprises (SMEs - a company is<br />

considered as Walloon when its productive headquarters are located in Wallonia, the<br />

AWEX does not select the companies based on a percentage of Walloon component) that<br />

are neither in financial difficulty nor acting in the bank or insurance sectors or trading<br />

activities without added-value for the Walloon region.<br />

Flanders Investment Trade – FIT<br />

Flanders Investment & Trade was created in July 2005 following the merger of the former<br />

Flanders Foreign Investment Office (FFIO - Flemish foreign investment) and Export<br />

Vlaanderen. This organisation aims at promoting sustainable international business both<br />

in the interest of companies in Flanders and to foreign companies through synergies and<br />

the expansion of networks and expertise achieved by the merger.<br />

Flemish policy supports sustainable and ethically responsible entrepreneurship. Since<br />

three quarters of Flemish exports are directed to European partners, it has become a<br />

Flemish policy to become an active global player and to look for partners in emerging<br />

markets and developing countries. The development component of FIT’s activities has<br />

recently become more important as the agency is now involved in emerging markets and<br />

markets in developing countries. Some of the FIT instruments are especially focused on<br />

“‘non traditional” markets and, today, about half of all FIT subsidies are granted to<br />

activities with (or within) ODA eligible countries. This figure is even higher when capital<br />

goods are concerned.<br />

In order to promote exports, FIT recourses to eight subsidy instruments 69 .One of these<br />

subsidy programmes has objectives comparable to those of FINEXPO: the Flemish<br />

Arrangement for the promotion of goods and supplies (“Regeling aangaande de<br />

terbeschikkingstelling van Vlaamse uitrustingsgoederen ter bevordering van de export” of<br />

March 2000 70 ).<br />

This Flemish arrangement is particularly aimed at SMEs for the export of high value<br />

equipment as used in industry and other capital goods to developing countries (as<br />

defined by the OECD lists). The subsidy levels are equal to the OECD Arrangements<br />

(50% for LDCs and 35% for middle income and transition countries). Although most<br />

conditions adhere to the corresponding OECD Arrangements, no notification is required<br />

since the total transaction value remains below the threshold value for notification.<br />

FIT’s targets are small and medium-sized companies which provide products of which<br />

70% are of Flemish origin.<br />

Brussels Export<br />

Brussels Export is a partnership between the Foreign Trade Department of the Ministry of<br />

the Brussels Capital Region and BECI, Brussels Enterprises Commerce and Industry. BECI<br />

was established in 2007 and encompasses the services of the Brussels Chamber of<br />

Commerce (KHNB) and of the Union of Brussels enterprises (VOB), as well as over 150<br />

professional associations and inter-professional organisations.<br />

Unlike FINEXPO at the federal level, Brussels Export does not provide financial facilities<br />

for the transactions themselves, but supports the facilitation of an enabling environment<br />

69 http://www.flanderstrade.be/site/wwwnl.nsf/subsidiesCategorie?readform<br />

70 Besluit van de Vlaamse regering tot vaststelling van de criteria, de voorwaarden en de nadere regelingen aangaande de<br />

terbeschikkingstelling van Vlaamse uitrustingsgoederen ter bevordering van de export. BS pagina 8642, publicatie 18 maart<br />

2000. This Arrangement was amended in 2006.<br />

see<br />

Final report – Appendix 7 – page 135

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