Tag Archives: venture-capital

awards, business funding, competition, Events, Opportunities

DEVELOPPP VENTURES IDEAS COMPETITION

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Application Deadline: June 30, 2024

LOCATION: Multiple Regions

The current develoPPP Ventures call for applications (May 15 to June 30) takes place in Nigeria, Kenya, Tanzania, Rwanda and South Africa.The application and selection process is supported by a team of local experts who will be happy to answer any questions you may have.

ELIGIBILITY:

Your company is registered in the target country or plans to register there prior to the co-financed growth investment

You are pursuing an innovative business model and are already generating initial revenues (proof of concept)

Your business model has high development relevance and scalability and contributes to achieving the Sustainable Development Goals (SDGs)

Each application will first be evaluated on the basis of consistent and transparent criteria. If your application is successful in the competition, you will be given the opportunity to pitch to the decision-making committee of DEG Impulse and GIZ. The best candidates will then undergo an on-site review (due diligence), which, if successful, will be followed by a funding contract.

The complete conditions of participation for develoPPP Ventures can be found here: Download conditions of participation

BENEFIT:

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. The external capital must have been received at the latest by the time of disbursement of the develoPPP Ventures funds.
Companies should therefore be in advanced discussions with investors around securing financing within the next six months.

The use of funds takes place in the develoPPP Ventures target country, in which the company is registered (conclusion of contract will only be possible with a locally registered entity)

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awards, competition, Events, Opportunities, other events

SAIS FEMALE FOUNDER AWARD

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Application Deadline:  February 29, 2024

LOCATION: France

 They are calling for exceptional female leaders in Africa with an innovative AgTech,  FoodTech or ClimateTech business to apply for the SAIS Female Founder Award  2024! The award recognizes visionaries who have achieved success in their fields, create social impact, and encourage other women to start or grow their own businesses.

ELIGIBILITY:

You are an African female who (co)founded and runs a start-up / growth stage business.

You should have technical experience in your area of operation.

You promote female visionary leadership, support other female leaders and contribute to women’s economic empowerment.

You are fostering a culture that values diversity.

Your work has a positive impact on solving an important problem in the industry.

You contribute to start-up ecosystem development.

Your start-up has a team of at least three people (including yourself as a founder) who work full time for the start-up.

Your product/service is digital or has a strong digital component.

Your product is offering an impactful solution in the AgTech, FoodTech or ClimateTech sectors in Africa.

Your business is registered and operates on the African continent.

Your business has an official certificate of registration.

Your company has been registered at least 2 years before submitting the application.

Your start-up Must have clear evidence of traction (customer base, revenue).

You have a unique value proposition in the market(s) where you operate.

Your start-up should have an understandable and convincing business model (clear problem statement and defined customer segment).

BENEFIT:

The award recognizes African female founders with unique businesses that have a strong digital component and embrace social impact. We honor, support and celebrate your ambition by offering unique opportunities for visibility and further development of your business.

The award ceremony for the SAIS Female Founder Award 2024 takes place at VivaTech in Paris on 22- 25 May 2024 in the form of a pitching competition. The three selected winners will be travelling to Paris to attend the event in person. Our prestigious jury will announce the winners’ rankings during an on-stage ceremony.

The three winners will win in-kind support worth up to 30,000€ for the first place, up to 15,000€ for the second place, and up to 7,000€ for the third place.

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