develoPPP Ventures Ideas Competition for African Entrepreneurs 2024

  •  Contest
  •  30-Jun-2024
  •   Kenya
  • $$  EUR 100,000

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.

Suitable start-ups to be funded through develoPPP Ventures are selected during an open call for applications. This takes place several times a year for six weeks at the end of a quarter. A new call for applications will be announced on the website prior to the start of the application window and is open to all start-ups that meet the conditions for participation. 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.

Eligibility Criteria

  • 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

Application Process

Apply to this scholarship by clicking the `Apply` button below.
Apply Here
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