How do you define additionality?

In the context of the LuxAid Challenge Fund, additionality marks a positive contribution that would not have occurred without co-financing, and generally characterizes projects that take bold risks to deliver innovative and impactful solutions. To assess additionality, the selection committees will analyze:

• the extent to which the company cannot self-finance the project (within a reasonable timeframe) or access equivalent support from a commercial investor;
• The extent to which the project’s results would not have taken place without the co-financing, are greater in scope, better in quality or are achieved more quickly;
• the project’s potential to stimulate replication of the model or systemic change in this market or industry.