Applications are now open for the 2025 develoPPP Ventures Ideas Competition. Suitable start-ups to be funded through develoPPP Ventures are selected during an open call for applications, which takes place several times a year for six weeks at the end of a quarter.
Eligibility Requirements
● The company is registered in the target country OR plans to register there prior to the investment
● The company is privately owned and profit-oriented • At least one annual financial statement is provided
● A viable business plan and a financial plan is available
● The company is operative and has generated first revenues from operating activities (Proof of Concept)
● The company should not have acquired more than a maximum of EUR 2 million in funding to date
● The current develoPPP Ventures call for applications (November 15 to December 31, 2024) takes place in Côte d’Ivoire, Kenya, Rwanda and Tanzania. The application and selection process is supported by a team of local experts who will be happy to answer any questions you may have.
Funding
DEG Impulse and GIZ provide non-dilutive capital of EUR 100,000 (and a top-up for successful Ventures in a potential second phase)
The company must receive matching funds equaling the amount of the non-dilutive capital in the form of cash injection from other investors.
Method of Application
For More Information,
Application Deadline: December 31st, 2024.
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