develoPPP Ventures has launched applications for its 10th funding cohort, inviting post-revenue startups across Kenya, Rwanda, and Tanzania to compete for EUR 100,000 in non-dilutive, catalytic matching funds.
Funded by the German Federal Ministry for Economic Cooperation and Development BMZ and implemented by DEG Impulse, a subsidiary of the German development finance institution DEG, the program targets startups that have successfully validated their business model and are prepared to scale while generating significant economic, ecological, or social impact.
The funding is offered through a matching-funds model, requiring participating startups to secure equivalent private investment. This approach effectively doubles the total capital available, allowing founders to retain greater equity while accelerating growth.