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BKCF Grants for Green and Inclusive Development Program

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Deadline: 27-Mar-2026

The BIMP-EAGA–Republic of Korea Cooperation Fund (BKCF) provides grants of up to USD 500,000 to support one- or two-year projects that promote sustainable and inclusive growth in the BIMP-EAGA region. Priority sectors include Connectivity, Environment, Tourism, and Agriculture & Fisheries. The Fund is managed by the Global Green Growth Institute and supports the BIMP-EAGA Vision 2025 goal of building a resilient and competitive subregion.

What Is the BKCF?

The BIMP-EAGA–Republic of Korea Cooperation Fund (BKCF) is a regional development funding mechanism established in 2021 by the Republic of Korea.

It supports cooperation between:

The Fund contributes to the BIMP-EAGA Vision 2025 objective of building a resilient, inclusive, sustainable, and economically competitive subregion while narrowing development gaps.

The Fund is administered by the Global Green Growth Institute.

What Is BIMP-EAGA?

BIMP-EAGA stands for the Brunei Darussalam–Indonesia–Malaysia–Philippines East ASEAN Growth Area.

It is a subregional economic cooperation initiative aimed at accelerating development in less-developed and geographically remote areas of its member countries.

Objectives of the Fund

The BKCF aims to:

Priority Areas

Projects must align with one or more of the following sectors:

1. Connectivity

Focus areas include:

2. Environment

Supports:

3. Tourism

Promotes:

4. Agriculture and Fisheries

Encourages:

Funding Information

Project Duration

Grant Amounts

For one-year projects:

For two-year projects:

Multi-country or regional projects:

Projects must be implemented within the BIMP-EAGA region or other regions within BIMP member countries.

Who Is Eligible?

Eligible applicants include:

Applicants must be from:

Individuals are not eligible.

Compliance Requirements

Applicants must:

Compliance screening is mandatory before award approval.

Why This Fund Matters

The BIMP-EAGA region includes geographically remote and economically underdeveloped areas.

This Fund is important because it:

By linking regional priorities with Korean expertise and investment, the Fund enhances sustainable development outcomes.

What Makes a Strong Proposal?

Successful applications typically:

Multi-country collaboration is encouraged where relevant.

How to Apply

Step 1: Confirm Eligibility

Ensure your organisation:

Step 2: Develop a Concept Note

Define:

Step 3: Prepare Detailed Budget

Ensure:

Step 4: Submit Proposal

Follow official BKCF application procedures as administered by the Global Green Growth Institute.

Common Mistakes to Avoid

Strong proposals are strategic, partnership-driven, and outcome-focused.

Frequently Asked Questions (FAQ)

1. What is the maximum funding available?

Up to USD 500,000 per project.

2. Can individuals apply?

No. Only institutions and organisations are eligible.

3. Are multi-country projects allowed?

Yes. They may receive up to USD 250,000 per country.

4. What sectors are eligible?

Connectivity, Environment, Tourism, and Agriculture & Fisheries.

5. Who manages the Fund?

The Global Green Growth Institute administers the BKCF.

6. Are private sector organisations eligible?

Yes, private sector entities may apply if they meet eligibility requirements.

7. When was the Fund established?

The Fund was established in 2021 by the Republic of Korea.

Conclusion

The BIMP-EAGA–Republic of Korea Cooperation Fund offers substantial grant support for innovative, sustainable development projects across Southeast Asia’s BIMP-EAGA region.

By prioritising connectivity, environmental sustainability, green tourism, and climate-resilient agriculture, the Fund strengthens regional integration and advances inclusive economic growth. Organisations with strong regional partnerships and measurable development impact are well positioned to benefit from this opportunity.

For more information, visit BKCF.

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