FINANCING IN COVID -19 TIMES

DeveloPPP.de is an organization set up by the German Federal Ministry for Economic Cooperation and Development (BMZ) over 20 years ago to foster the involvement of the private sector in areas where business opportunities and development policy initiatives overlap. To this end, BMZ offers financial and technical support for companies that want to do business or have already begun operating in developing and emerging-market countries. The company is responsible for covering at least half of the overall costs.

In addition to projects from the ongoing develoPPP.de ideas competitions the German Federal Ministry for Economic Cooperation and Development (BMZ) currently supports measures by privately owned companies that significantly alleviate the negative impact of the corona pandemic in developing or emerging-market countries.

Suitable projects can be funded with up to 200,000 EUR, in exceptional cases and in compliance with EU law higher funding may be possible. The public contribution can reach up to 100% of the project costs.

The programme is open for German and European companies as well as companies from developing or emerging market countries that:

  • have an annual turnover of at least EUR 400,000
  • have records of two operational financial years
  • are registered in the EU, a member country of the European Free Trade Association (EFTA) or a country on the OECD DAC list

For a complete list of the criteria for application, as well as getting access to all application documents, please go to https://www.developpp.de/en/covid19

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