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Application Deadline: December 31st, 2024
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.
For More Information:
Visit the Official Webpage of the develoPPP Ventures Ideas Competition
