Innovative Kenyan startups with high-impact business models are invited to apply for the ninth cohort of the develoPPP Ventures program. This initiative offers €100,000 (approximately $113,000 USD) in non-dilutive funding, along with tailored technical support, to help startups scale their operations sustainably and effectively.
Launched by Germany’s Federal Ministry for Economic Cooperation and Development (BMZ), develoPPP Ventures is an entrepreneurial support program that provides grant financing to startups that have completed a proof of concept and are ready to scale. The program operates through a matching-funds model with DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH. In Kenya, the program is led by DEG Impulse, with implementation support from VC4A and Viktoria Ventures.
To be eligible for the develoPPP Ventures program, startups must:
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Be legally registered and operational in Kenya.
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Be revenue-generating and ready to scale.
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Demonstrate a clear impact on development in the region.
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Secure matching funds from third-party investors to qualify for the program.
The develoPPP Ventures program offers more than just funding. Selected startups will receive:
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Non-dilutive funding: €100,000 to support growth investments.
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Tailored technical assistance: Support from sector experts to enhance business development.
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Networking opportunities: Connections with investors and industry leaders to foster growth.
Stephen Gugu, founder of Viktoria Ventures, emphasizes the program’s holistic approach:
“Since we began implementing the programme, we’ve seen that startups need more than just capital; they need structure, guidance, and the right connections. That’s what develoPPP Ventures delivers: a blend of funding and hands-on support that helps high-potential founders scale effectively.”
develoPPP Ventures is aimed at young companies whose innovative business models improve living conditions in developing or emerging countries and who are planning to scale up. The program supports startups that have already completed the startup phase and have generated initial revenues. Funding is provided exclusively for business expansion in the respective country and must be invested locally.
Applications for the current cohort are open until June 30, 2025.
Startups interested in applying for the develoPPP Ventures program can submit their applications through the official application platform.
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