Application Deadline: December 31, 2024
LOCATION: Multiple Regions in Africa
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). For the current list of develoPPP Ventures target countries, please refer to http://www.develoPPP.de/en/application/ventures
ELIGIBILITY:
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.
Côte d’Ivoire, Ghana, Kenya, Nigeria, Rwanda, South Africa, Tanzania. Further countries to follow
BENEFIT:
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.
YouthExpat 