The develoPPP Ventures Idea Competition for African Entrepreneurs 2022

2022 develoPPP Ventures Ideas Competition

The develoPPP Ventures is set to fund suitable start-up through its ventures idea competition. Applicants are being selected during an open idea which will takes place twice a year and is open to all start-ups that meet the conditions for participation. The funding contract is concluded with one of the two implementing partners, DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH.

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

Your business model has high development relevance and scalability and contributes to achieving the Sustainable Development Goals (SDGs)

Application process for the develoPPP Ventures ideas competition

Each application will first be evaluated on the basis of consistent and transparent criteria. If your application is successful in the competition, you will be given the opportunity to pitch to the decision-making committee of DEG and GIZ. The best candidates will then undergo an on-site review (due diligence), which, if successful, will be followed by a funding contract.

The develoPPP ventures

The application for develoPPP Ventures is handled in each country by a team of local experts who are available to answer any questions you may have. You will find the respective contact details in the application form and guidelines.

Also Read:

  1. IsDB-ILO Youth Green Skills Accelerator Challenge 2022 (worth $20,000)
  2. JASIRI Growth Accelerator Program 2022 ($75,000)
  3.  Savvy Global Fellowship for Aspiring and Early-Stage Entrepreneurs (Fully-Funded)

Start-up funding in Ghana: develoPPP Ventures ideas competition

develoPPP Ventures is implemented in Ghana by Deutschen Gesellschaft für Internationale Zusammenarbeit (GIZ). The current application phase is open until June 30. For more information, please visit: develoPPPVentures@giz.de

Start-up funding in Kenya: develoPPP Ventures Ideas Competition

develoPPP Ventures is implemented in Kenya by DEG – Deutsche Investitions- und Entwicklungsgesellschaft. The current application phase is open until June 30. For more information, please visit: develoPPPVentures@deginvest.de

Start-up funding in Tanzania: develoPPP Ventures ideas competition

develoPPP Ventures is implemented in Tanzania by DEG – Deutsche Investitions- und Entwicklungsgesellschaft. The current application phase is open until June 30. For more information, please visit: develoPPPVentures@deginvest.de

For Tanzania: Apply Here

Deadline for the developPPP Ventures Idea Competition

The deadline for the develoPPP Ventures Idea Competition is on the 30th of June 2022.

Selection Criteria of the developPPP Ventures Idea Competition

The initial selection is made based on the application forms that can be handed in during the Ideas Competition.

• Women-led start-ups and start-ups promoting gender equality are especially encouraged to apply (refer to the criteria of the 2X Challenge)
• Companies passing this first stage will be invited to pitch in front of the DEG/GIZ selection committee
• Due diligence will then be performed on successful companies, during which more detailed information is evaluated (incl. the business plan and financial projections (for at least 3 years), information on other investors and potential customers, etc.)
and contact details.

For more information: Visit the Official Webpage of the develoPPP Ventures

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