About

What is the Business Partnerships Platform?

The Business Partnerships Platform is helping to accelerate Australia’s collaboration with business in addressing development challenges in our region.

The BPP aims to improve the effectiveness of the aid program by drawing on the wealth of knowledge, ideas, capabilities and resources that the private sector has to offer. The BPP achieves this through creating scalable shared value partnerships that advance economic and social conditions in developing countries.

The BPP matches funding from business for projects that support commercial objectives whilst:

  • advancing Australia’s aid investment priorities
  • allowing the Department of Foreign Affairs and Trade (DFAT) to increase the number of its private sector partners
  • leveraging the experience and ability of business to address intractable development challenges

The BPP enables businesses to invest in projects in developing countries with a social and commercial return by enabling them to benefit from DFAT’s:

  • convening, brokering and influencing abilities in partner countries
  • deep knowledge of the business, political and regulatory environment in the developing countries where Australia’s aid program operates
  • support in creating a more attractive business operating environment through our broader policy reform and governance programs.

What is shared value?

Shared value is defined as policies and practices that enhance the competitiveness of companies while improving social and environmental conditions in the regions where they operate. To qualify as shared value, there must be an identifiable economic benefit to the company as well as measurable impact on a social or environmental issue.

Partnerships through the BPP create scalable shared value that advance economic and social conditions in developing countries, based around three principles:

  • Development
    Department of Foreign Affairs and Trade country, regional or global development objectives achieved.
  • Partnership
    Increase in number of businesses partnering with the aid program.
  • Business
    Partners’ commercial interests and social impact advanced.

BPP partnerships are primarily being created in one or more of the following ways:

Reconceiving products and markets

Reconceiving products and markets

By broadening access to low-income consumers to goods and services that improve their lives.

Redefining productivity in the value chain

Redefining productivity in the value chain

By developing initiatives to increase incomes, productivity, employment opportunities, and/or welfare of people in the supply chain.

Enabling local cluster development

Enabling local cluster development

Involving local institutions, suppliers, downstream actors, communities, associations and local governments to stimulate a positive business environment.

How We Partner

BPP partnerships demonstrate mutual sharing of objectives, priorities and capabilities and a clear vision for how Department of Foreign Affairs and Trade’s involvement and financial investment can deliver greater results than could otherwise be achieved. BPP partnerships are grounded in the five key principles of diversity, equity, openness, mutual benefit and courage.

Our Partners

Where we partner

Gender

Promoting women’s rights and women’s empowerment is ‘smart economics’. When women are fully involved in economic development and their equal rights are promoted, countries become more equitable and prosperous. BPP initiatives promote women’s economic empowerment, and enhance women’s voice in decision-making, leadership and peace building.

View the BPP Gender Guidelines here.

The Business Partnerships Platform is supported by the Australian Government and implemented by Palladium.