Startups in Kenya and Tanzania have been offered the chance to scale their impact-driven companies and receive a grant investment of up to EUR100,000 (USD 102 K) from develoPPP Ventures. On behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), implemented by DEG Impulse, and supported by Seedstars, develoPPP Ventures aims to empower startups with entrepreneurial support and grants.
The open call for the program’s fourth cohort is open to startups in Kenya and Tanzania with innovative business models and a sustainable economic, ecological, or social impact in these countries. In line with BMZ’s focus on female empowerment, the program especially encourages women-led startups and startups promoting gender equality to apply. Startups applying should have achieved a proof of concept and are ready to scale. Applications are open here until December 31.