develoPPP Ventures - Africa Startup Funding

About

develoPPP Ventures offers funding of up to €100,000 for innovative early-stage startups in Africa that have scalable market solutions and contribute to social, economic, or environmental issues, providing mentorship and support for growth in emerging markets.

Benefits

• 💰 Financial Support
• Up to €100,000 in matching funding support.
• 🎓 Mentorship Program
• Access to local expert guidance and customized technical support.
• 📈 Business Support
• Accelerates growth and business expansion in emerging markets.
• 🌐 Network Access
• Support for achieving Sustainable Development Goals (SDGs).

Eligibility Criteria

• 🌍 Geographic Eligibility
• Open to startups registered or planning to register in Kenya, Nigeria, Rwanda, South Africa, or Tanzania.
• 🏢 Legal Status
• Must be an innovative, early-stage startup with a validated business model and initial revenue.
• 💼 Business Stage
• Startups must have scalable market solutions and contribute to social, economic, or environmental issues.
• 💰 Financial Requirements
• Must have at least one annual financial statement and total funding below €2 million.
• 👥 Team Requirements
• Must provide matching funds from angel investors, venture capital, or existing shareholders.

Participation Commitments

• 📍 Application Requirement
• Must submit a complete business plan, financial statements, and proof of matching funds.
• 💵 Matching Funds
• Must provide equivalent matching funds from specified sources.

Target Region

Open to startups in Kenya, Nigeria, Rwanda, South Africa, and Tanzania

Target Sector

Focused on innovative startups addressing social and environmental issues