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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
Reading Time: 2 mins read
1
develoPPP Ventures

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.

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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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