The develoPPP Ventures Ideas Competition for African Entrepreneurs
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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. 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.
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Participation requirements for the develoPPP Ventures Ideas competition
- 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)
Duration and Benefits: The develoPPP Ventures ideas competition takes place twice a year. 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.
How to Apply
Interested and qualified candidates should apply using the button below or click this link
Deadline: June 30th, 2023
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DISCLAIMER: Do not pay or release sensitive financial details to any organizer/recruiter unless verified by you.
