International Development Opportunities

Every year, international Financial Institutions (IFIs) provide tens of billions of dollars in loans and grants for international development programs and projects around the world. Companies in British Columbia can use these opportunities to build their experience and contacts in world markets.

Institutions such as the World Bank and the Asian Development Bank are the largest source of financial and technical assistance to emerging regions. Borrowing countries use the revenue to procure the goods, equipment and services they need to carry out development plans and stimulate economic growth.

International development projects, which range across all sectors from agriculture to telecommunications, aim to improve the social and economic conditions for people living in emerging economies. They also present a broad range of export opportunities for Canadian companies, as either prime contractors or secondary suppliers.
 

Reliable Business Practices

When IFIs provide project funding, they require bidding, procurement and project delivery to follow specified guidelines. This means that IFI-funded projects present lower risks to British Columbian companies entering and expanding in markets in developing countries.
 
Sizable opportunities also exist for B.C. companies to supply goods and services for projects awarded to non-Canadian firms.
 
While IFIs provide the funding and process guidelines, the borrowing country's executing agency - often a ministry or other government entity - is usually responsible for the bidding, procurement and implementation. The executing agency must carry out these activities according to the rules and procedures laid down by the donor agency. This means that, as a supplier to an international development project, you will be operating under the transparent and fair guidelines set out by the IFI.
 

Contracting Opportunities

Small- and medium-sized businesses in British Columbia can enter or expand their business into a developing country by subcontracting to prime contractors. Get information about international development projects and the organizations that specialize in them from the following sources:
 

Devex

Devex, a global social enterprise, is an excellent source of business information about international development. Devex has details about tenders, projects, business advice and news from the World Bank, the United Nations Development Programme (UNDP), the United States Agency for International Development (USAID), the United Kingdom's Department for International Development (DFID), the Asian Development Bank (ADB) and more. Basic information is available for free, but a subscription is required for full access to the complete Devex project database.

Search Devex projects and tender opportunities around the world.
 

International Development Banks

You can learn about business opportunities by searching recent announcements by the major development banks. These announcements indicate upcoming requests for proposals by the borrowing countries' executing agents.

Visit the websites of the following organizations to see bid opportunities for approved projects in different countries:

 

Canadian-Based International Development Organizations

The British Columbia Council for International Cooperation (BCCIC) is a network that engages in sustainable development and social justice issues focused on promoting and supporting the implementation of the United Nations Sustainable Development Goals, both locally and globally. BCCIC is one of the leading voices for civil society organizations in British Columbia and liaises among different provincial and national governments on matters related to Canada's sustainable development policies. Discover opportunities with the BCCIC.

Numerous Canadian-based international and non-governmental organizations provide humanitarian and emergency aid around the world. The Canadian Trade Commissioner Service provides information on the following major international and non-governmental organizations: