Ghanaian start-ups can now secure €100,000 in non-dilutive funding and scaling support through the re-opened develoPPP Ventures programme. This initiative targets high-potential, impact-driven businesses across the country. Applications are open until June 30, 2026, marking the programme's return after a one-year pause.
The develoPPP Ventures programme provides more than just capital; it offers tailor-made technical assistance and strategic guidance. It also connects companies to Africa’s growing venture landscape. This comprehensive support aims to strengthen internal structures, improve financial planning, and enhance overall investment readiness for selected start-ups.
This initiative fits into Ghana’s broader economic narrative of fostering innovation and supporting small and medium-sized enterprises (SMEs). Data from the Ghana Statistical Service indicates SMEs contribute significantly to the country's Gross Domestic Product (GDP). Programmes like develoPPP Ventures are crucial for creating jobs and diversifying the economy beyond traditional sectors.
Commissioned by the German Federal Ministry for Economic Cooperation and Development (BMZ), the programme is implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and DEG Impulse gGmbH. GreenTec Capital Partners leads the Ghana rollout, collaborating with Bakerson Limited. A previous cohort from November 2024 secured €1 million in develoPPP funding, including over €500,000 in performance-based top-up funding.
Looking ahead, the programme's impact will be closely watched by investors and policymakers. Its success could attract further foreign direct investment into Ghana's technology sector. The ability of selected start-ups to scale and generate significant employment will be a key indicator of the programme’s effectiveness. Continuous support for innovation helps Ghana achieve its long-term economic development goals.
Eligible start-ups must be privately owned, tech-enabled, and profit-driven. They need to demonstrate clear market traction with a product or service already generating initial revenues. Companies must also have raised no more than €2 million in total funding to date. Critically, applicants must secure a matching investment of €100,000 from private investors either six months before application or prior to disbursement.
Additionally, start-ups must be registered in Ghana or commit to registering before receiving funds. They must also submit a complete three-year business and financial plan. This plan should detail how the funds will be used, growth targets, and key milestones. The programme also requires alignment with the UN Sustainable Development Goals (SDGs) and a demonstrable development impact.
The competitive selection process means successful applicants will show strong business fundamentals. Founders often apply multiple times, refining their metrics and strengthening their business models. The programme aims to identify companies with a compelling path to scale. Women-led ventures and businesses promoting gender equality are particularly encouraged to apply. This focus supports inclusive economic growth across Ghana's entrepreneurial landscape.
In 2025 alone, develoPPP Ventures invested over €2.5 million across Nigeria, South Africa, Ghana, and Côte d’Ivoire. This supported 24 high-growth start-ups in more than 10 sectors. The programme's matching model effectively doubled this capital to over €5 million in execution capacity. This demonstrates its significant financial leverage and commitment to fostering entrepreneurial success in Africa.