By Issah Mohammed, GNA
Accra, May 24, GNA – Ghanaian start-ups have an opportunity to receive a non-dilutive capital of EUR 100,000 to accelerate growth and market expansion under the reintroduced develoPPP Ventures programme.
DeveloPPP Ventures is a growth-funding programme for young, high-potential start-ups in developing and emerging markets. It operates on a matching-funds model, providing up to EUR 100,000 in non-dilutive capital to companies that secure an equivalent amount of investment from other private sources
The programme, funded by the German Federal Ministry for Economic Cooperation and Development (BMZ) and implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and DEG Impulse gGmbH has reopened applications to qualified Ghanaian start-ups until June 30, 2026.
“After a one-year pause, the develoPPP Ventures programme is officially returning to Ghana, reopening applications to identify and support a new cohort of high-potential, impact-driven start-ups.
“The last cohort in Ghana was selected in May 2025, making this a highly anticipated relaunch for the country’s entrepreneurial ecosystem,” GIZ announced in a statement.
Selected start-ups are also expected t benefit from tailor-made technical assistance and strategic guidance from sector experts, gain direct connections across Africa’s fast-growing venture landscape and receive performance-based top-up funding of up to EUR 200,000, subject to availability.
The GIZ said the programme was designed for privately owned, tech-enabled, profit-driven start-ups that have demonstrated clear market traction.
“Women-led ventures and businesses advancing gender equality are strongly encouraged to apply,” it said.
“To qualify, start-ups must be registered in Ghana (or committed to registering prior to disbursement), ensure total funding raised to date does not exceed EUR 2 million, should have market-ready product or service with initial revenues and proof of concept and should have a matching investment of EUR 100,000 from private investors which is secured within six months prior to application or before disbursement.”
Start-ups were also required to have a comprehensive three-year business and financial plan outlining strategic use of funds, growth targets, and milestones, the statement said.
They were also required to have a demonstrable alignment with the UN Sustainable Development Goals (SDGs) and measurable development impact
The Ghana rollout is led by GreenTec Capital Partners, in collaboration with Bakerson Limited, combining deep on-the-ground expertise with pan-African investment experience to support founders at a critical stage of their growth journey.
The programme has already backed more than 100 start-ups across the continent.
In 2025 alone, develoPPP Ventures deployed over €2.5 million across Ghana, Nigeria, South Africa, and Côte d’Ivoire, supporting 24 high-growth start-ups operating across more than 10 sectors and addressing critical socio-economic and environmental challenges.
“Through its matching model, the programme effectively doubled this capital to more than €5 million in execution capacity,” the statement said.
“The latest cohort, selected in May 2025, is currently in the initial disbursement and technical assistance phase.”
“An earlier cohort from November 2024 secured €1 million in develoPPP funding alone, including more than €500,000 in performance-based top-up funding.”
GNA
Edited by Agnes Boye-Doe
Reporter: Issah Mohammed
[email protected]
