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develoPPP Ventures program 2025 Competition For Start-ups (Funding Available)

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Mercy Awofiranye
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Applications are open for the develoPPP Ventures program 2025 Competition For Start-ups. Apply Below: 

When is the Application Deadline:

The application deadline for the develoPPP Ventures program 2025 Competition For Start-ups is December 31, 2024.

Tell Me About The develoPPP Ventures program 2025 Competition For Start-ups:

The develoPPP Ventures program, supported by DEG Impulse gGmbH and GIZ GmbH with funding from the German Federal Ministry for Economic Cooperation and Development (BMZ), is designed to help young companies scale innovative business models that contribute to the United Nations’ Sustainable Development Goals (SDGs). The program offers non-dilutive capital to companies in selected emerging markets, supporting their efforts to create positive impact while achieving financial growth.

Check: Kofi Annan 2025 Fellowship in Global Health Leadership For Professionals in the Health Field

Which Fields are Eligible?

Entrepreneurship 

Type:

Contest 

Who can Apply For The develoPPP Ventures program 2025 Competition For Start-ups?

Also, the eligibility criteria include:

  • The company must be registered or plan to register in a target country.
  • The company must be privately owned and profit-oriented.
  • The company must have at least one annual financial statement.
  • The company should have a viable business and financial plan.
  • The company must have generated revenues from operating activities (Proof of Concept).
  • The company should not have received more than EUR 2 million in previous funding.

How are Applicants Selected?

  • Innovation: The business model is innovative for the target country.
  • Scalability: High growth potential in terms of market size and target group.
  • Financial Sustainability: Break-even within 3 years.
  • Adequate Management: Expertise and capacity to scale.
  • Developmental Impact: Significant positive effects on the target groups and contribution to the SDGs.

Which Countries Are Eligible?

Target countries for the develoPPP Ventures program.

Check: Applications Are Open For The DLA Piper’s 2025 Global Scholarships Program (Fully Funded)

How Many Awards?

Not specified

What is the Benefit of the Award?

Additionally, the benefits include:

  • Non-dilutive capital of EUR 100,000, with a potential second-phase top-up for successful ventures.
  • The company must secure matching funds equal to the non-dilutive capital from other investors.
  • Funding is to be used in the target country where the company is registered.

How to Apply:

  • Applications are submitted via the develoPPP application platform: https://application.develoPPP.de
  • Women-led start-ups and those promoting gender equality are encouraged to apply.
  • Companies passing the initial selection are invited to pitch in front of the DEG Impulse/GIZ committee.

Author

  • Mercy Awofiranye is a creative writer with over five years of experience. Currently, she specializes in creating helpful content for students in the education space. When she's not writing, she enjoys reading, cooking, and learning new things.

This post was last modified on November 18, 2024 1:44 pm

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