#develoPPPVentures Offering €100,000 in non-dilutive Funding
#develoPPPVentures Offering €100,000 in non-dilutive Funding
Are you a growth-ready start-up in #Nigeria or #SouthAfrica creating real impact? #develoPPPVentures offers €100,000 in non-dilutive #funding to help you #scale — applications close Dec 31st! Ideal applicant: ✅ Locally registered, privately owned, and profit-oriented ✅ Operates an innovative, scalable, and impact-driven business ✅ Generates first revenues from operating activities ✅ Can provide at least one audited financial statement ✅ Is able to secure an external investment (MFs) of at least €100k ✅ Has not acquired >€2 million in TOTAL funding/commitments to date Matching funds (MFs), explained:develoPPP Ventures uses a MFs model → Your investor(s) commit €100k and the programme matches it with another €100k to help you scale. You can apply without the MFs fully secured, but you must demonstrate clear, documented evidence of advanced investor negotiations. 📩 Apply here: https://lnkd.in/dv6fa3us
develoPPP Ventures is a funding programme of the German Federal Ministry for Economic Cooperation and Development (BMZ), implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and DEG Impulse, providing catalytic funding to unlock growth for local innovation. Current calls in Nigeria and South Africa are supported by GreenTec Capital Partners and local partners, The Delta and Mesh Venture Partners.