develoPPP Ventures Ideas Competition
develoPPP is a funding programme of the German Federal Ministry for Economic Cooperation and Development (BMZ). It is aimed at companies that want to invest sustainably in a developing or emerging country and expand their local operations. The programme provides technical and financial support of up to 2 million euros for suitable projects. Prerequisites for funding are a long-term business interest in the country and a sustainable developmental benefit for the local people.
The develoPPP Ventures ideas competition takes place twice a year for six weeks at the end of each quarter (June and December).
Currently, funding within the framework of develoPPP Ventures is possible in Ghana, Kenya and Tanzania.
Participation requirements for the develoPPP Ventures ideas competition:
- Your start-up must be privately owned and profit-oriented and must be registered in the target country or register there prior to the funded 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)
For more details: https://www.developpp.de/en/application/ideas-competition-ventures
