Deadline: 31 March 2024
Applications are now open for the selection of suitable start-ups to be funded through develoPPP Ventures.
Programme Objective
- DEG Impulse gGmbH and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH with funds from the German Federal Ministry for Economic Cooperation and Development (BMZ) support young companies to scale innovative business models in selected emerging markets that create positive impact and contribute to achieving the United Nations’ Sustainable Development Goals (SDGs).
Funding Conditions
- DEG Impulse and GIZ provide grant co-financing 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 grant financing in the form of cash injection from other investors. Matching funds can be considered if received up to 6 months prior to the application and still available for the develoPPP Ventures investment.
Current Target Country
- The current develoPPP Ventures call for applications (February 15 to March 31) takes place in Ghana.
Eligible Companies
- 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.
For more information, visit DEG Impulse gGmbH.
