How to enhance more business opportunities from development finance procurements?

Every year, an estimated 150 billion euros worth of development projects are initiated and funded by donor agencies and multilateral institutions, offering a myriad of lucrative opportunities in the aid sector. However, many of the organizations that could engage into these development finance procurements at a much greater level with a higher success rate, often lack. a deep understanding of often complex procurement processes and requirements.

This is where companies such as Osma, based in Finland, come into play as they offer detailed training workshops for organizations with step-by-step information on exactly how to identify development project opportunities, find implementation partners, adherence to regulations and requirements, and how to prepare a winning proposal.

Osma’s training program, in partnership with the biggest development information platform in the world run by DevelopmentAid, gives participants all the skills necessary to craft a successful strategy for identifying, accessing, and securing access to the lucrative market of sustainable development projects.

How does Osma’s training work?

Osma’s training session typically consists of five modules, with each module taking place over the course of a full day, plus some additional at-home work to complete. To meet the needs of a global audience, Osma offers its training workshops in-person, online, as well as in a hybrid (mixed) format. Currently, courses are provided either in English or Finnish languages.

As a core part of its curriculum, Osma relies on the DevelopmentAid platform, which gives participants real-time access to all of the necessary tools and services needed to identify, research, and respond to grants and tenders published by donor agencies and multilateral institutions.

The at-home exercises, included as part of the training, are designed to help participants get some practical, hands-on experience in implementing the lessons taught during the theoretical sessions. Osma’s professional staff is experienced in tailoring homework to ensure that participants can focus on learning the skills and acquiring the right tools and information that will help their organization’s stronger performance in the sustainable development market.

Topics covered in Osma’s five-module course include:

• Understanding and navigating the field of sustainable development projects.
• How to identify suitable project opportunities and prepare a successful proposal in adherence to donors’ processes and requirements.
• How to parse the requirements of a tender or grant, including the required roles of consortium members (including the lead, partners, and subcontractors).
• The ABCs (fundamentals) of sustainable development project management.
• Assessing the feasibility and risks of implementing sustainable development projects, including from the perspective of a university or other institute of higher learning.

This training course is particularly suitable for individuals representing organizations that work in international sales and are hoping to find (new) opportunities within the international development finance market.

If your organization would be interested in attending this training course or learning more about how these educational sessions can help you find business opportunities in the 150 billion euro a year sustainable development market, do not hesitate to click here.

This course is offered by Osma Advisory, Ltd., based in Helsinki, Finland, a trusted partner of DevelopmentAid. For more information about Osma, click here.