develoPPP Ventures Kenya, Rwanda, Tanzania

About

A funding program offering equity-free matching funds and local technical support for private, profit-oriented companies in Kenya, Rwanda, and Tanzania that have achieved initial revenue and are seeking to expand their operations.

Benefits

• 💰Financial Support
  €100,000 in equity-free matching funds
• 🌍Local Technical Support
  Access to local expertise to aid in business growth
• 💼Potential Additional Funding
  Opportunities for further funding to support expansion

Eligibility Criteria

• Must be a privately owned, profit-oriented company
• Must be registered in Kenya, Rwanda, or Tanzania, or commit to local registration before application
• Must have completed the startup phase and achieved first-year revenue with product-market validation
• Must provide at least one year of financial statements
• Must not have accumulated over €2 million in external financing

Participation Commitments

• Must provide a clear and feasible business and financial plan
• Must secure matching external investment funds within the last six months
• Must demonstrate high growth potential to reach break-even within three years
• Encouraged to promote gender equality in business practices

Target Region

Open to startups in Kenya, Rwanda, and Tanzania

Target Sector

No specific industry restrictions, but must demonstrate measurable local development impact