Overview
Donor: | German Investment and Development Corporation (DEG) |
Application procedure: | Full Proposal |
Donor base: | Germany |
Reference number: | - |
Eligible applicants: | Social Business |
Deadline: | ongoing |
Financial details
Grant size: | Medium - up to $1,000,000 |
Minimum grant size: | 500.000€ |
Total available budget: | - |
Funding type: | Grants |
Maximum grant size: | 749.000€ |
Funding ratio: | up to 50% |
Sectors
- Agriculture & Rural Development
- Climate Change
- Economic Development
- Education
- Energy
- Environment & Natural Resources
- Food Security
- Health
- Research, Technology & Innovation
- Social Inclusion
- Water & Sanitation
- Women & Gender
Project Locations
Africa
Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Democratic Republic of the Congo, Djibouti, Egypt, Equatorial Guinea, Eritrea, Eswatini, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea Bissau, Ivory Coast, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Mauritius, Morocco, Mozambique, Namibia, Niger, Nigeria, Republic of the Congo, Rwanda, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, South Sudan, Sudan, Tanzania, Togo, Tunisia, Uganda, Western Sahara, Zambia, Zimbabwe
America
Antigua and Barbuda, Argentina, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Dominica, Dominican Republic, Ecuador, El Salvador, French Guiana, Grenada, Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname, Uruguay, Venezuela
Asia
Afghanistan, Azerbaijan, Bangladesh, Bhutan, Cambodia, China, East Timor, India, Indonesia, Iran, Iraq, Jordan, Kazakhstan, Korea, Kyrgyzstan, Laos, Lebanon, Malaysia, Maldives, Mongolia, Myanmar, Nepal, North Korea, Pakistan, Palestine, Philippines, South Korea, Sri Lanka, Syria, Tajikistan, Thailand, Turkey, Turkmenistan, Uzbekistan, Vietnam, West Bank and Gaza, Yemen
Europe
Albania, Armenia, Belarus, Bosnia and Herzegovina, Bulgaria, Georgia, Kosovo, Moldova, North Macedonia, Serbia, Ukraine
Pacific
Fiji, Kiribati, Marshall Islands, Micronesia, Nauru, Palau, Papua New Guinea, Samoa, Solomon Islands, Tonga, Tuvalu, Vanuatu
Description
1) Objective
The German Investment and Development Corporation (DEG) is a subsidiary of the German Reconstruction Credit Institute (KfW, Kreditanstalt für Wiederaufbau). Its mission is to strengthen the private sector in developing- and emerging market countries through financing and consultancy of companies active in these counties, as well as local financial institutes. With the Up-Scaling Program, DEG finances investments of small and medium enterprises (SMEs) that intend to scale up innovative business models with high developmental impact. The program addresses companies whose financing needs lie somewhere between microfinancing and the traditional financing by commercial banks.
The program addresses companies that fulfill the following requirements: (1) the company employs an innovative and scalable business approach with a high developmental impact; (2) the company is operational and a pilot phase has already been completed including proof of concept with regards to technology and business model at local level; (3) the planned investment generates positive returns (as outlined by a comprehensive business plan and financial projections); (4) the company shows high growth potential owing to the size of the market and the target group; and (5) the company has the management capacity, human resources and know-how to substantially scale their activities.
2) Eligibility
Eligible are early-stage SMEs which are registered in a developing country or emerging market. These may also be local subsidiaries of German or European companies.
3) Location
All countries included in the OECD-DAC list are possible project countries. Preference is given to investments in Africa or India.
4) Budget
DEG provides funding of €500,000-€749,000, which constitutes a maximum of 50% of the total investment volume. Private sponsors must contribute a substantial share of equity (at least 25%). DEG’s funds must be repaid in the event of success of the investment (depending on pre-defined financial criteria such as cash flow, revenue or profit).
5) Application
Interested companies are asked to deliver their proposals to DEG. The proposal format can be downloaded from their website and submitted anytime throughout the year.