African startups in Ghana, Kenya, Nigeria, Rwanda, South Africa, and Tanzania have until June 30, 2025, to apply for €100,000 in non-dilutive funding from develoPPP Ventures, a German-backed initiative supporting growth-stage businesses. However, there’s a key requirement: applicants must secure matching funds from external investors to qualify.
To receive the grant, startups must raise an equal amount (€100,000) in external equity funding, either before or within six months of applying. Funds raised up to six months prior to the application can count if they remain largely unspent by the time develoPPP disburses its support.
Who Qualifies?
- Startups must be locally registered, privately owned, and profit-oriented
- Already operational and revenue-generating
- Have raised less than €2 million to date
- Be in advanced discussions with investors (e.g., term sheet signed)
- Demonstrate positive social or environmental impact
Female founders and businesses advancing gender equality are strongly encouraged to apply.
A Track Record in Africa
develoPPP Ventures, backed by Germany’s Federal Ministry for Economic Cooperation and Development (BMZ), has already supported startups across Ghana, Nigeria, Kenya, Tanzania, Ivory Coast, Rwanda, and South Africa.
In Ghana alone, the program recently awarded €500,000 to five startups, including Aya Data (AI-driven analytics) and Swoove360 (logistics tech). This marks the fourth cohort in the country, reflecting BMZ’s long-term commitment to African entrepreneurship.
Globally, develoPPP Ventures has allocated over $160 million across five continents in just one year, targeting businesses that drive inclusive economic growth.
Selected startups also receive tailored advisory services from partners like GreenTec Capital and Scio Network, helping them optimize operations and scale sustainably. According to GreenTec, this holistic approach has been crucial in strengthening early-stage companies.
How to Apply
- Submit an application by June 30, 2025, via develoPPP’s portal
- Shortlisted startups will pitch to a selection committee
- Finalists undergo due diligence before securing funding
For full details, visit the eligibility criteria.
With African tech ecosystems attracting record investment, develoPPP’s model — matching grants with external funding — aims to ensure startups are both investor-ready and scalable. Will this approach unlock the next wave of high-impact ventures? The next cohort may hold the answer.
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