OPPORTUNITY
Developpp Ventures
2024-06-30 00:00

develoPPP Ventures is aimed at young companies, whose innovative business model improves living conditions in a developing or emerging country and who are planning to scale up. Via a matching-funds model, the German Federal Ministry for Economic Cooperation and Development (BMZ) provides a grant of 100,000 euros for suitable growth investments. Is your start-up pursuing a high impact business model in a developing or emerging economy and has already successfully mastered the formation phase? Then find out now about the opportunities for growth funding through develoPPP Ventures.

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Criteria

  • 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 revenue (proof of concept)
  • Your business model has high development relevance and scalability and contributes to achieving the Sustainable Development Goals (SDGs)
  • For more details you can refer to the manual here: https://www.developpp.de/fileadmin/04_Jetzt_bewerben/04.2_IV_Ventures/develoPPP_Ventures_-_Conditions_of_participation.pdf

Benefits

  • Startups get the opportunity to utilize our grant to attract a risky investor like VC, Angel Investor, Family Office etc

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Hanga Growth Program is an ecosystem support project by the Rwanda ICT Chamber and Rwanda Innovation Fund, through the Rwanda Development Board, aiming at strengthening the innovation and tech hub ecosystem, angel investor community, and high-growth startups.

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Ministry of ICT and Innovation Rwanda Development Board
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