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Case study · Fund Scouting & Due Diligence

LuxAid Demonstration Fund: pipeline and due diligence in Rwanda

Finding and vetting Rwandan companies with proven, scalable innovations for Luxembourg’s grant fund.

Client
LuxDev · Luxembourg Development Cooperation
Our role
Pipeline scouting & due diligence
Sector
Agri-food innovation
Location
Rwanda
10+
Eligible companies shortlisted
12
Partner pipelines screened
2
Thematic priorities
01
The challenge

What needed solving

The LuxAid Demonstration Fund is one of LuxDev’s private-sector instruments. It helps innovations that have already shown commercial viability scale up and contribute to the SDGs.

The fund needed a broad, transparent pipeline of eligible Rwandan companies in agri-food, and rigorous checks before awarding grants, without duplicating what other donors were already funding.

02
Our approach

How we tackled it

  1. 1

    Scouting

    Sourced pipelines from GIZ, Enabel, Swisscontact, DANIDA, GGGI, SDC, Norrsken, Kigali Impact Hub, LHoFT Catapult, RDB, MINAGRI and RAB.

  2. 2

    Screening

    Scored companies against the fund’s eligibility criteria, favouring those recommended by more than one partner.

  3. 3

    Ecosystem mapping

    Mapped related initiatives to surface co-financiers and avoid duplication.

  4. 4

    Due diligence

    Full due diligence on ten selected companies using LuxDev templates.

03
What we delivered

Key outputs

  • Shortlist of 10+ eligible companies
  • Co-financing and initiatives map
  • Due diligence reports on selected companies
04
Why it matters

The difference it makes

  • A transparent, documented selection process so grant capital reaches solutions that are ready to scale.
  • Co-financing partners identified early, so donor effort is not duplicated.
Ready when you are

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