Deadline: 31 December 2023
develoPPP Ventures has launched a call for applications to provide growth funding for start-ups.
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 Information
- DEG Impulse and GIZ provide grant co-financing of EUR 100,000 (and a top-up for successful Ventures in a potential second phase).
Target Countries
- The current develoPPP Ventures call for applications is open in Kenya, Nigeria and Tanzania.
Eligible Companies
- The company is registered in the target country OR plans to register them 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
- The company should not have acquired more than a maximum of EUR 2 million in funding to date.
For more information, visit develoPPP.
