develoPPP Ventures 10th Cohort - €100,000 Non-Dilutive Funding for High-Impact Startups in East Africa

About

develoPPP Ventures offers non-dilutive funding of up to €100,000 to high-impact startups in East Africa, aiming to support innovative and scalable business models that contribute to local ecological, economic, and social development, with a requirement for matching funds and a focus on projects led by women.

Benefits

• €100,000 non-dilutive funding support
• Local technical assistance to scale business
• Double funding effect through matching funds mechanism
• Support for developing sustainable and socially beneficial business models

Eligibility Criteria

• Must be registered in Kenya, Rwanda, or Tanzania or plan to register before investment
• Private ownership and profit-oriented
• Innovative and sustainable business model with local impact
• Proven business model with existing revenue and completed startup phase
• Scalable with expected break-even within three years
• Cumulative funding not exceeding €2 million
• Must secure matching funds
• Complete business plan, financial plan, and at least one annual financial statement required
• Projects led by women and promoting gender equality are encouraged