--- title: "Development Ministry launches startup support program with \u20ac100K grant for Kenyan entrepreneurs" url: https://www.seedstars.com/content-hub/newsroom/development-ministry-launches-startup-support-program-with-100k-grant-for-kenyan-entrepreneurs/ --- 1. [HOME](/) 2. [RESOURCES](/content-hub/) 3. [NEWSROOM](/content-hub/newsroom/) 4. DEVELOPMENT MINISTRY LAUNCHES STARTUP SUPPORT PROGRAM WITH €100K GRANT FOR KENYAN ENTREPRENEURS ![Development Ministry launches startup support program with €100K grant for Kenyan entrepreneurs](https://seedstars-com.s3.amazonaws.com/images/kenya_header.max-1500x500.png) AFRICA • INVESTMENT ## Development Ministry launches startup support program with €100K grant for Kenyan entrepreneurs Seedstars Global JUNE 4, 2021 **Nairobi, Kenya - May 27, 2021:** The [Federal Development Ministry](https://www.bmz.de/en) (BMZ) is launching the [DeveloPPP Ventures](https://seedsta.rs/3wERtGi) that aims to empower local Kenayn startups by providing an entrepreneurial support program with a grant of up to €100,000. #### WRITTEN BY ![None](https://seedstars-com.s3.amazonaws.com/images/seedstars-black.max-376x376.png) Seedstars Global [CONTACT US](/contact-us/) Via a matching-funds model, [DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH](https://www.deginvest.de/International-financing/DEG/) provides grant financing for growth investments of start-ups that have achieved a proof of concept and are ready to scale. Interested applicants can sign up for the program here: . > “Many developing countries, particularly in Africa, have an exciting start-up scene. This is where the jobs of tomorrow and innovative solutions for the challenges on the ground are emerging. Drones being used to deliver medicines, banks that are completely digital – things which sound like the music of the future to European ears – many African companies are already making these ideas a reality. We want to encourage this entrepreneurial spirit even more, thereby helping to create modern jobs for young people. Since the launch of our DeveloPPP program, more than 2,000 projects have been realized around the world, together with local, German and European companies. Last year alone, almost 80,000 people received initial and further training thanks to this support.” > > DEVELOPMENT MINISTER GERD MÜLLER. The DeveloPPP Ventures serves as a new pillar that the BMZ has added to its support portfolio. With the support of impact investment specialist [Seedstars](http://seedstars.com/) and business incubator [NaiLab](https://nailab.co/), the program is aimed at young entrepreneurs who are making innovative contributions to sustainable development in their developing economies as well as improving living conditions of the locals. The new program will initially launch in Kenya, which already has a lively start-up scene. After that, DeveloPPP Ventures will be gradually expanded to cover more countries. The program is open to start-ups with their head office or with a branch registered in Kenya. They can receive a grant of up to €100,000 for their planned growth investment. Among the conditions that applicants must fulfil is that they need to already be generating some initial turnover with their product and that they can acquire matching funds from other sources of at least the same amount. In addition, start-ups will receive tailored support from technical experts for their growth journey. develoPPP Ventures will initially launch in Kenya, with the first call for proposals opening on 26 May 2021 and closing 15 July 2021. Via its support program DeveloPPP, the BMZ has been cooperating for over twenty years with companies wanting to make sustainable investments in a developing country or emerging economy and expand their activities on the ground. **To sign up or learn more about the program and its conditions, you may visit the website here:** [**https://seedsta.rs/3wERtGi**](https://seedsta.rs/3wERtGi) **.** ![kenya-preview](https://seedstars-com.s3.amazonaws.com/images/Kenya_development.width-800.jpg) *** **ABOUT DEG** [DEG](https://www.deginvest.de/International-financing/DEG/), a subsidiary of KfW, finances investments of private-sector companies in developing and emerging-market countries. As one of the major European development financiers we promote entrepreneurial initiative as a contribution to sustainable growth and improved living conditions of local populations. **ABOUT NAILAB** [Nailab](https://nailab.co/) is a business accelerator in Kenya that has been in existence for 10 years offering humanitarian, innovation, and entrepreneurship programs focusing on growing innovative technology-driven ideas while supporting the social wellbeing of our youth in Africa. **ABOUT SEEDSTARS** [Seedstars](https://www.seedstars.com/) is a Swiss-based private company with a mission to impact people’s lives in emerging markets through technology and entrepreneurship. The groups’ activities cover over 90 emerging ecosystems through a variety of initiatives such as the [Online Seedstars World Competition](http://bit.ly/1Mbf7NC), acceleration programs, physical hubs called [Seedspace](https://www.seedspace.co/), venture capital investments and company building activities. [Seedstars The Documentary](https://www.seedstarsthedocumentary.com/) is a feature film featuring the company’s vision to give a voice to the game changers of the developing world. _" They tried to bury us, they didn’t know we were seeds." \- Mexican proverb_ **CONTACT** For Media requests, please contact: media@seedstars.com. ARTICLE AFRICA KENYA INVESTMENT INVESTMENT TECH ## More like this [ ![New African initiatives to drive additional investments by Vivatech, CPA, and Seedstars Africa Ventu](https://seedstars-com.s3.amazonaws.com/images/africa-viva-thumb.max-320x550.png) AFRICA • INVESTMENT #### New African initiatives to drive additional investments by Vivatech, CPA, and Seedstars Africa Ventures Viva Technology, the Conseil Présidentiel pour l’Afrique, and Seedstars Africa Ventures unveil new African initiatives and join forces to drive additional investments in African innovation during a dedicated AfricaTech breakfast in Paris. Jun. 28, 2021 ](https://www.seedstars.com/content-hub/newsroom/new-african-initiatives-drive-additional-investments-vivatech-cpa-and-seedstars-africa-ventures/) [ ![Does your startup need an investment strategy?](https://seedstars-com.s3.amazonaws.com/images/thumbnail-investment.max-320x550.png) GLOBAL • INVESTMENT #### Does your startup need an investment strategy? It's no mystery that investors follow a specific investment strategy, striving to make it as efficient as possible. How about startups? Jun. 18, 2021 ](https://www.seedstars.com/content-hub/learning-resources/does-your-startup-need-investment-strategy/) [ ![Seedstars Growth Program Batch #6](https://seedstars-com.s3.amazonaws.com/images/C-The_Eight_Startups_That_Made_it_to_the_See.max-320x550.png) GLOBAL • EDUCATION & CONSULTING #### The Eight Startups That Made it to the Seedstars Growth Program Batch #6 At Seedstars, we believe in the power of entrepreneurship to address the most critical global issues and help build a sustainable future, especially during such turbulent times the world today is currently experiencing. Sep. 14, 2020 ](https://www.seedstars.com/content-hub/newsroom/eight-startups-made-it-seedstars-growth-program-batch-6/) [ ![UN SDSN Youth Solutions Report 2020](https://seedstars-com.s3.amazonaws.com/images/UN_SDSN3.max-320x550.png) GLOBAL • ECOSYSTEM ENABLER #### Deadline Extended: Applications open for UN SDSN Youth Solutions Report 2020 UN SDSN Youth partners up with Seedstars for an extended call for submissions to empower the next generation of innovators for sustainable development. Jul. 16, 2020 ](https://www.seedstars.com/content-hub/newsroom/deadline-extended-applications-open-un-sdsn-youth-solutions-report-2020/) [ ![Applications for Online Startup Competition](https://seedstars-com.s3.amazonaws.com/images/Seedstars_Brings_Its_Startup_Competition_Onl.max-320x550.png) GLOBAL • INVESTMENT #### Seedstars Brings Its Startup Competition Online: 2020 Applications Are Open We are happy to announce that Seedstars World Competition 2020/21 will be held exclusively online and the call for startups is open until July 31st. Jun. 25, 2020 ](https://www.seedstars.com/content-hub/newsroom/seedstars-brings-its-startup-competition-online-2020-applications-are-open/) [ ![Online Growth Program](https://seedstars-com.s3.amazonaws.com/images/onlinegrowthprogram.max-320x550.png) GLOBAL • ECOSYSTEM ENABLER #### Seedstars is Looking for Early-Stage Startups for its Online Growth Program Starting This Summer During summer 2020, Seedstars will be launching the next batch of its Growth Program, a virtual 3-month post-acceleration training designed to help startups build a growth team and implement a growth methodology. Jun. 04, 2020 ](https://www.seedstars.com/content-hub/newsroom/seedstars-looking-early-stage-startups-its-online-growth-program-starting-summer/) [ ![Salum Awadh](https://seedstars-com.s3.amazonaws.com/images/salum.max-320x550.png) AFRICA • INVESTMENT #### What’s Your Why: Salum Awadh What kind of startups, Salum, CEO of SSC Capital from Tanzania, is looking as an investor and entrepreneur? Mar. 30, 2020 ](https://www.seedstars.com/content-hub/life/whats-your-why-salum-awadh/) [ ![Kenza Lahlou](https://seedstars-com.s3.amazonaws.com/images/P2.max-320x550.png) MIDDLE EAST AND NORTH AFRICA • INVESTMENT #### How Kenza Traveled the World to Find Her Calling and Started an African VC Fund | Kenza Lahlou Kenza was born in Morocco, but has quite a rich international experience: from France and Singapore, all the way to the USA. At some point, she found her calling and decided to go back to her home country. Mar. 15, 2020 ](https://www.seedstars.com/content-hub/life/how-kenza-traveled-world-find-her-calling-and-started-african-vc-fund-kenza-lahlou/) [ ![Impact Investors](https://seedstars-com.s3.amazonaws.com/images/Untitled_design_28.max-320x550.png) CENTRAL AND EASTERN EUROPE • INVESTMENT #### Winning Marathons and Advising Billionaire Impact Investors | Tenke Zoltani From a Hungarian refugee family who emigrated to the United States, Tenke Zoltani is running fast as part of the Hungarian national running team. Mar. 03, 2020 ](https://www.seedstars.com/content-hub/life/winning-marathons-and-advising-billionaire-impact-investors-tenke-zoltani/) [ ![African startup funding](https://seedstars-com.s3.amazonaws.com/images/Untitled_design_8.max-320x550.png) AFRICA • FINANCIAL SERVICES #### Future bright as african tech startup funding grows Africa has long lagged behind the rest of the world when it comes to investment, even in the continent’s most exciting tech areas. Feb. 23, 2020 ](https://www.seedstars.com/content-hub/life/future-bright-african-tech-startup-funding-grows/) [ ![Startups Africa](https://seedstars-com.s3.amazonaws.com/images/10africanstartups.max-320x550.png) AFRICA • ECOSYSTEM ENABLER #### 10 Startups from Africa to Compete for 500,000 USD During Seedstars Summit Africa 2019 in Johannesburg, South Africa, Seedstars selected 10 the most promising startups from the continent that proved their ideas to be innovative and scalable. Dec. 15, 2019 ](https://www.seedstars.com/content-hub/newsroom/10-startups-africa-compete-500000-usd/) [ ![Seedstars Summit CEE](https://seedstars-com.s3.amazonaws.com/images/cee_summit1.max-320x550.png) CENTRAL AND EASTERN EUROPE • ECOSYSTEM ENABLER #### Seedstars Summit CEE Will Gather 100+ Founders From 20 Countries Under One Roof Kazakhstan, November 22. You would probably ask why Kazakhstan was chosen as the final stop for the Seedstars World Competition 2019? Oct. 30, 2019 ](https://www.seedstars.com/content-hub/newsroom/seedstars-summit-cee-will-gather-100-founders-20-countries-under-one-roof/) [ ![GP Accelerator 2.0 in Bangladesh](https://seedstars-com.s3.amazonaws.com/images/demoday.max-320x550.png) ASIA • ECOSYSTEM ENABLER #### GP Accelerator 2.0 launches this November in Bangladesh with the support of Seedstars This November marks the start of a 4.5 months acceleration program by Grameenphone Accelerator (GPA) and Seedstars, which will take 10-12 startup teams in Bangladesh on a journey of idea validation, prototype building and becoming investable. Sep. 24, 2019 ](https://www.seedstars.com/content-hub/newsroom/gp-accelerator-20-launches-november-bangladesh-support-seedstars/) [ ![MENA Growth Accelerator](https://seedstars-com.s3.amazonaws.com/images/C-Seedstars_to_Launch_MENA_Growth_Accelerato.max-320x550.png) MIDDLE EAST AND NORTH AFRICA • ECOSYSTEM ENABLER #### Seedstars to Launch MENA Growth Accelerator in Partnership with Misk and Vision Ventures Seedstars is launching a Growth Accelerator for MENA tech startups in partnership with Misk Innovation and Vision Ventures. Jul. 17, 2019 ](https://www.seedstars.com/content-hub/newsroom/seedstars-launch-mena-growth-accelerator-partnership-misk-and-vision-ventures/) [ ![Seedstars Powers up SmartScale](https://seedstars-com.s3.amazonaws.com/images/SmartScale.max-320x550.png) ASIA • ECOSYSTEM ENABLER #### Seedstars Powers up SmartScale, a New Acceleration Program in Phnom Penh, Cambodia Starting on 2nd May 2019 in Phnom Penh, SmartScale powered by Seedstars gathered 11 early-stage startups in a three-month acceleration program fuelled by 20+ international and local high-level mentors and an ambitious curriculum program. Jun. 21, 2019 ](https://www.seedstars.com/content-hub/newsroom/seedstars-powers-smartscale-new-acceleration-program-phnom-penh-cambodia/) [ ![Entrepreneurship in Papua New Guinea and Samoa](https://seedstars-com.s3.amazonaws.com/images/sswasia.max-320x550.png) OCEANIA • INVESTMENT #### Seedstars Joins Forces with the GSMA and the Australian Government to Support Entrepreneurship in Papua New Guinea and Samoa We are excited to announce that this year, Seedstars will extend its worldwide competition to Papua New Guinea and Samoa, thanks to a partnership with the GSMA Ecosystem Accelerator and the Australian Government. Jun. 10, 2019 ](https://www.seedstars.com/content-hub/newsroom/seedstars-joins-forces-gsma-and-dfat-support-entrepreneurship-papua-new-guinea-and-samoa/) [ ![The Investment Readiness Program](https://seedstars-com.s3.amazonaws.com/images/Untitled_design.max-320x550.png) GLOBAL • ECOSYSTEM ENABLER #### The Investment Readiness Program by Seedstars Starts in Six More Locations Yangon, Nur-Sultan, Bogota, Medellin, Lima and Mexico City are the new locations where the much anticipated Investment Readiness Program by Seedstars has started on the 6th of June. Jun. 10, 2019 ](https://www.seedstars.com/content-hub/newsroom/investment-readiness-program-seedstars-starts-six-more-locations/) [ ![The Investment Readiness Program](https://seedstars-com.s3.amazonaws.com/images/C-Seedstars_Announces_the_Launch_of_a_New_Pr.max-320x550.png) GLOBAL • ECOSYSTEM ENABLER #### Seedstars Announces the Launch of a New Program Tailored for Startups: the Investment Readiness Program Committed to serving the entrepreneurs and startups from emerging markets, Seedstars has designed a brand new program with the purpose of supporting ventures looking to receive investment. Apr. 12, 2019 ](https://www.seedstars.com/content-hub/newsroom/seedstars-announces-launch-new-program-tailored-startups-investment-readiness-program/) [ ![Seedsspace Medellin](https://seedstars-com.s3.amazonaws.com/images/ayenda_rooms.max-320x550.png) LATIN AMERICA • INVESTMENT #### Ayenda Rooms, a Startup Member at Seedspace Medellin, Raises $1.25M in Seed Investment Ayenda Rooms is the largest digital hotel chain in Latin America, it operates 45 properties and generates more than $1M. Mar. 15, 2019 ](https://www.seedstars.com/content-hub/newsroom/ayenda-rooms-startup-member-seedspace-medellin-raises-125m-seed-investment/) --- ## Sitemap - [Sitemap](https://www.seedstars.com/sitemap.md): every public page on this site - [llms.txt](https://www.seedstars.com/llms.txt): what Seedstars does and where to start