Available in Kenya with other OECD-DAC countries to follow
Up to 100,000 euros grant financing for investments to scale
50 percent funding of the total investment
Scaling new solutions in developing and emerging economies
With develoPPP Ventures funding, the BMZ is supporting young companies that are already active in a developing or emerging economy and whose business model contributes to sustainable local economic, ecological and social development. The aim is to scale innovative solutions in order to make them accessible to more people. Therefore, it is important that the proof of concept has already been achieved and first revenues have been generated. Funding the start-up phase via develoPPP Ventures is not possible.
The BMZ supports the scaling of suitable business models with a grant of up to 100,000 euros if your company manages to acquire matching funds from other sources of at least the same amount. In addition, your start-up will receive local technical support.
develoPPP Ventures will initially launch in Kenya, with other OECD-DAC countries to follow.
Participation requirements develoPPP Ventures
Decisions on funding of specific investment projects are made during develoPPP Ventures idea competitions, which take place at regular intervals. Start-ups that are registered in an OECD-DAC country or that plan to register there before the start of the funding can participate. The funding is provided exclusively for business expansion in the respective OECD-DAC country and must be invested locally. A prerequisite for funding is that the start-up phase has already been completed and first revenues have been generated. In addition, your company must:
- be privately owned and profit-oriented
- have a viable business and financial plan
- can provide at least one annual financial statement
- convince other financiers of its business model
- have high growth potential and reach break-even within a maximum of three years