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Home » develoPPP Ventures Announces $107k Funding for Impact-Driven African Startups

develoPPP Ventures Announces $107k Funding for Impact-Driven African Startups

Justice Godfrey Okamgba by Justice Godfrey Okamgba
June 12, 2023
in StartUPs
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develoPPP Ventures

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develoPPP Ventures, in partnership with the German Federal Ministry for Economic Cooperation and Development (BMZ), is offering a funding grant for startups in Ghana, Kenya, Nigeria, and Tanzania.

The program aims to provide support and grants to startups that have a strong focus on making a positive impact.

Entrepreneurial assistance and financial investments of up to EUR100,000 (US$107,000) are available to startups in these countries. Eligible startups are those with innovative business models that demonstrate sustainable economic, ecological, or social benefits.

The program places a special emphasis on empowering women-led startups and those dedicated to promoting gender equality, aligning with BMZ’s commitment to female empowerment.

To qualify for the grant, startups must have already established a proof of concept and be prepared to scale their operations.

The application window will remain open until June 30, and interested startups can submit their applications via the provided link.

This funding opportunity has the potential to significantly contribute to the growth and advancement of selected startups in these African countries

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