Slovakia, through the MinFin, was looking at increased involvement of the private sector in development cooperation as a way to contribute to job creation, domestic resource mobilization and to catalyse economic growth in developing countries in order to be beneficial for reducing poverty in recipient countries. While the MinFin had created several instruments before, their use was unsatisfactory and did not lead to the intended objective of increasing Slovak firms’ participation in international tenders and subsequent projects, bringing in tax revenue back to the MinFin. The MinFin officials took inspiration from the World Bank’s ongoing Private Sector Liaison Offices network and, unlike how it was being done until then, decided to choose a private contractor to help them reach their development objectives. The MinFin allocated the funds through the UNDP for this.
In 2015, the Ministry of Finance of Slovak Republic (MoF) launched a broader initiative aimed to increase, within the framework of its powers, the involvement of Slovak business sector in international development cooperation. Thus, through UNDP, the MoF initiated the procurement process to select a company that will deal with this issue. Aspiro won with its project Rozvojmajstri. Within the project implementation period Rozvojmajstri built a functioning network of reliable companies and provided high quality consultancy using various support tools (tailor-made workshops, missions, proposal reviews, etc.). Their professional approach helped to start the initiative with tangible results and laid the foundation for effective support of Slovak businesses in the context of international financial institutions procurements. MoF is satisfied with the cooperation, especially with the proactive approach of Rozvojmajstri in identifying the opportunities for the Slovak business community.
Director General, International Affairs Section
Ministry of Finance of Slovak Republic