Donor: Netherlands Enterprise Agency (RVO.nl)
Application procedure: Online Application
Donor base: Netherlands
Reference number: -
Eligible applicants: Social Business
Deadline: ongoing

Financial details

Grant size: Medium - up to $1,000,000
Minimum grant size: -
Total available budget: -
Funding type: Grants, Loans, Other
Maximum grant size: 1.000.000€
Funding ratio: Co-funding required


  • Climate Change
  • Economic Development
  • Food Security
  • Health
  • Human Rights
  • Water & Sanitation

Project Locations

  1. Africa

      Algeria, Angola, Burkina Faso, Cameroon, Cape Verde, Chad, Democratic Republic of the Congo, Djibouti, Egypt, Ethiopia, Ghana, Ivory Coast, Kenya, Liberia, Madagascar, Malawi, Mozambique, Niger, Rwanda, Sao Tome and Principe, Senegal, Sierra Leone, Somalia, South Africa, Tanzania, Togo, Tunisia, Uganda, Zambia

  2. America

      Bolivia, Colombia, Guatemala, Haiti, Peru

  3. Asia

      Afghanistan, Bangladesh, Bhutan, Cambodia, India, Indonesia, Jordan, Lebanon, Mongolia, Myanmar, Nepal, Pakistan, Philippines, Sri Lanka, Vietnam

  4. Europe

      Armenia, Georgia, Kosovo


1) Objective

The Netherlands Enterprise Agency (RVO.nl) encourages entrepreneurs in sustainable, agrarian, innovative and international business. It helps with grants, finding business partners, know-how and compliance with laws and regulations.  The aim of the Dutch Good Growth Fund (DGGF) is to provide financial assistance to do business in an emerging market or a developing country, with a special focus on female entrepreneurs, young entrepreneurs and entrepreneurs in fragile states. The Fund has two funding arms: (1) for Dutch SMEs: the DGGF provides customised finance to Dutch SMEs doing business in developing countries and emerging markets (through loan and equity investments or in support of exports); (2) for local SMEs: the DGGF aims to increase local SMEs access to finance through the provision of intermediary investment funds for local SMEs. Concerning the latter, one specific program is the Seed Capital and Business Development (SCBD) facility to support promising early stage finance initiatives with up to €1,000,000 per initiative.

2) Eligibility

For the SCBD, SMEs from all 68 DGGF countries are eligible for funding.

3) Location

The 68 DGGF countries that are the low- and middle income countries according to the OECD-DAC list (as of 2017, Albania, Bosnia and Herzegovina, Macedonia, the Maldives and Thailand will be no longer part of the country list) are eligible.

4) Budget

For the Seed Capital and Business Development (SCBD) facility promising early stage finance initiatives are supported with up to €1,000,000 per initiative.

5) Application

Interested parties are invited to send their pitch-book to dggf@nl.pwc.com with the subject line ‘Early Stage Initiative’. The most compelling ideas and proposals will be selected and their applicants will receive further instructions to elaborate on their pilot proposals for funding support. There are no deadlines.

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