Are you going to carry out training for local professionals, improve the environment or the social standards of the logistics chain? Are you planning to invest in a project that is expected to have a positive impact in the sense of the United Nations' Sustainable Development Goals?
If so, this post is of interest to you, as today we are going to learn more about the DeveloPPP programme.
DeveloPPP is a funding programme of the German Federal Ministry for Economic Cooperation and Development (BMZ). This project is aimed at companies looking to invest sustainably in a developing country, while expanding their operations.
DeveloPPP does not finance the core business activities, but it does finance the other activities that can help to improve your project such as training activities, environmental development or improvement of the logistic chain...
By financing 50% of your eligible project up to a maximum of EUR 2 million, long-term projects in a sustainable development environment for the locals are sought.
The main requirements to participate in this funding are: Being a member of the European Union or any member of the European Free Trade Association (EFTA) or a country on the OECD DAC list.
The cooperation will be between private and public partners in long-term projects based on sustainability and local development in the region where the project is to be carried out.
In other words, this funding will be managed by one of the two experienced public implementing partners: DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH or Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH. There are four calls for proposals every year, increasing the possibilities to receive some financing.
An example of a project?
"High-quality oils for the cosmetics industry and medical applications" A company that created income opportunities in Congo through the cultivation of aromatic oils.
In a nutshell, if your company...
- is registered in the EU, a member of the European Free Trade Association (EFTA) or a country on the OECD-DAClist
- is pursuing a long-term business interest in an underdeveloped country
- and has a developmental benefit in the sense of the United Nations Sustainable Development Goals (SDGs)
... you can be eligible for a DeveloPPP grant.
Want to know if your project could be eligible? Need more information?
Contact us to find out more about DeveloPPP.