Kigali, Rwanda, 16th May, 2024. DEG Impulse GmbH, is pleased to open the call for applications to the develoPPP Ventures programme in Rwanda. Funded by the German Federal Ministry for Economic Cooperation and Development (BMZ), the programme is launching for the first time in Rwanda, with implementation support by VC4A and Impact Hub Kigali.

The develoPPP Ventures funding scheme supports startups that feature innovative business models that substantially enhance living standards in emerging markets. It offers EUR 100,000 in grant co-financing to assist in the scaling of operations, with the opportunity for additional funding in subsequent phases. In the initial target countries of Kenya and Tanzania, DEG Impulse has financed 55 high-growth start-ups since the programme was launched.

To be eligible, startups must: