DEG Impulse gGmbH and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, with funds from the German Federal Ministry for Economic Cooperation and Development (BMZ), are supporting young companies in selected emerging markets to scale innovative business models that create positive impact and contribute to achieving the United Nations' Sustainable Development Goals (SDGs).
Eligibility Criteria:
Registered in target country or plan to register prior to investment
Privately owned and profit-oriented
At least one annual financial statement available
Viable business plan and financial plan
Operative with first revenues from operating activities (Proof of Concept)
Not acquired more than €2 million in funding to date
Funding Conditions:
Non-dilutive capital of €100,000 (with potential top-up in second phase)
Matching funds required: equal amount from other investors
Funds to be used in target country
Assessment Criteria:
Innovation
Scalability
Financial Sustainability
Adequate Management
Developmental Impact
Selection Process:
Initial selection via application platform
Pitch in front of DEG Impulse/GIZ selection committee
Due diligence on successful companies
For more info or to apply Click here
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