develoPPP Classic Funding for Established Companies

Deadline Date: March 31, 2024

Donor Name: German Federal Ministry for Economic Cooperation and Development (BMZ)

Grant Size: More than $1 million

https://www.developpp.de/en/funding-programme/companies

Apply for the develoPPP Classic funding instrument of the German Federal Ministry for Economic Cooperation and Development (BMZ), aimed at already established companies that want to invest sustainably in a developing or emerging country and expand their business activities locally.

Suitable projects that are related to this entrepreneurial activity and at the same time relevant to development policy can receive technical and financial support of up to two million euros if the company contributes at least half of the costs. It is important that these projects, in addition to achieving a long-term business objective, also generate sustainable benefits for the local people.

Flexible Funding in Developing and Emerging Countries

• The develoPPP Classic funding instrument can be used in over 60 developing and emerging countries around the globe and is deliberately flexible in its content. Supported projects can be located in very different sectors and thematic areas and range from the training of local experts and piloting of innovative technologies and demonstration plants to the sustainable expansion of supply chains and the improvement of environmental and social standards. What all develoPPP Classic projects have in common is that they combine a long-term business interest with a sustainable developmental benefit.
• Decisions on the funding of specific projects are made in quarterly idea competitions. Suitable projects are funded by the BMZ with between 100,000 and 2 million euros, thus covering up to 50% of the total costs. During implementation, your company will be accompanied by one of the two implementing partners: DEG Impulse gGmbH or Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH.

What is being promoted?

• Through develoPPP, the German Federal Ministry for Economic Cooperation and Development (BMZ) supports socially and environmentally responsible transformation in the private sector in developing countries and emerging markets. Aspects of this include ensuring a sustainable energy supply and the more responsible use of natural resources, as well as fair participation for women in different economic processes, fair access to health care services and long-term food security. As part of the develoPPP Classic ideas competition, particular consideration is therefore given to project proposals that contribute measurably to improvement in these areas.
• In concrete terms, this can mean:
  • Improving environmental and social standards in supply chains
  • Creating decent jobs and improved working conditions
  • Supporting women and marginalised groups, in particular, with careers and entrepreneurship
  • Implementing measures that contribute to climate change mitigation and adaptation
  • Taking measures to protect the natural environment, for example through sustainable cultivation methods, saving water in production processes, and avoiding and recycling waste
  • Creating access to health care services

Participation Requirements develoPPP Classic

Any company based in the EU, a member country of the European Free Trade Association (EFTA) or an OECD-DAC country is eligible to participate in the develoPPP Classic ideas competition. The prerequisite for funding is sufficient financial resources and personnel capacities that are commensurate with the project idea. For this purpose, your company must:

• have at least eight employees
• have an annual turnover of at least 800,000 euros
• have at least two audited annual financial statements
• have a positive net income as well as sufficient equity capital and liquidity to ensure your company’s contribution

For more information, visit BMZ.