develoPPP Ventures Opens Call for Applications in Côte d'Ivoire
Calling all Visionaries in Côte d’Ivoire:
Are you ready to scale your business to new heights and create a lasting impact? The develoPPP Ventures program is open for applications until 31 December 2024—this is your chance to secure up to EUR 100,000 in catalytic, non-dilutive funding!
Who Should Apply?
This program is tailor-made for innovative, growth-stage companies that:
Are registered in Côte d’Ivoire (or plan to register there before the investment)
Are privately owned and profit-oriented
Have at least one annual financial statement under their belt
Have a viable business and financial plan ready to roll
Are already generating revenue (yes, Proof of Concept is a must!)
Have raised less than EUR 2 million in funding so far
What’s in it for You?
Growth Financing: Secure matching investment—amounting to at least EUR 100,000—from other sources, and develoPPP Ventures will double the impact with up to EUR 100,000 in non-dilutive capital.
Growth Advisory: Expert guidance to scale your business and refine your strategy for you to have the knowledge, tools, and mentorship to tackle challenges head-on and achieve sustainable growth.
Why Côte d’Ivoire, Why Now?
This is the first-ever rollout of develoPPP Ventures in Côte d’Ivoire! Building on its success in African markets like Ghana, Nigeria, Kenya, and South Africa, develoPPP Ventures is thrilled to bring this unique opportunity to Ivorian entrepreneurs.
The Process
1️⃣ Submit your application by December 31st, 2024
2️⃣ Shortlisted companies will pitch to the develoPPP selection committee
3️⃣ Successful candidates will undergo due diligence and secure their spot in the program
Don’t Miss Out
Visit the application portal here for more details: https://www.developpp.de/en/application/ventures
Register for our upcoming webinar to participate in a live Q&A session: https://forms.office.com/e/CHmXL8ky3e
Note
develoPPP Ventures is an initiative is implemented on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) by the the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH in cooperation with GreenTec Capital GmbH.
The initiative is aimed at young companies, whose innovative business model improves living conditions in a developing or emerging country and who are planning to scale up. Via a matching-funds model, BMZ provides non-dilutive funding of 100,000 euros for suitable growth investments. Besides financial support, selected startups will also receive tailored technical assistance based on their individual needs.
For the first time, develoPPP Ventures is rolling out in Côte d'Ivoire! It’s already created waves in major African markets like Ghana, Nigeria, Kenya, Tanzania, Rwanda, and South Africa. Now, GreenTec Capital is thrilled to collaborate with GIZ to bring this transformative opportunity to the high-potential market of Côte d'Ivoire and support the growth of Ivorian entrepreneurs.