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Call for Applications: develoPPP Ventures Ideas Competition (€100,000 in Grants for Ventures in Ghana, Kenya, Nigeria and Tanzania)

MSME Africa by MSME Africa
May 24, 2023
in Africa, Business, News, Opportunities, Tech
0
Call for Applications: develoPPP Ventures Ideas Competition (€100,000 in Grants for Ventures in Ghana, Kenya, Nigeria and Tanzania)
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Suitable start-ups to be funded through develoPPP Ventures are selected during an open ideas competition. This takes place twice a year and is open to all start-ups that meet the conditions for participation.

Apply before June 30!

Depending on the target country, the funding contract is concluded with one of the two implementing partners, DEG Impulse gGmbH or Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH.

Funding within the framework of develoPPP Ventures is currently possible in Ghana, Kenya, Nigeria and Tanzania. The application and selection process is supported in each country by a team of local experts who will be happy to answer any questions you may have.

The develoPPP Ventures funding is aimed at young companies that want to further expand their business model in the respective country. A legal entity must be registered locally by the time the contract is concluded at the latest. The funding contract can only be concluded with a local company. The funding is provided for the growth strategy in the respective country and is to be used in the country.

Participation requirements for the develoPPP Ventures ideas competition:

  1. Your company is registered in the target country or plans to register there prior to the co-financed growth investment
  2. You are pursuing an innovative business model and are already generating initial revenues ((proof of concept)
  3. Your business model has high development relevance and scalability and contributes to achieving the Sustainable Development Goals (SDGs)

Get more details and apply HERE

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Tags: DEG Impulse gGmbH or Deutsche Gesellschaft für Internationale ZusammenarbeitdeveloPPP VenturesGIZ
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