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The Innovation Spark

5 startups secure €500,000 from develoPPP Ventures programme to scale their innovative solutions.

by Staff Reporter
November 9, 2024
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5 startups secure €500,000 from develoPPP Ventures programme to scale their innovative solutions.
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Five Ghana-based startups have secured €100,000 each as part of the fourth cohort of the develoPPP Ventures funding programme.

Implemented locally by GreenTec Capital Partners and Scio Network, develoPPP Ventures is a growth funding program by the German Federal Ministry for Economic Cooperation and Development (BMZ), which supports high growth young startups with a matching grant of €100,000. The selected companies include the following.

Aya Data: An AI consultancy providing comprehensive services to help businesses maximize the potential of AI,offering end-to-end solutions from concept to deployment.
The Blue Penguin: An all-inclusive payment solution for store owners with an integrated POS system that allows them to receive card, mobile, QR, payments on a single app.
Tendo: a retail-tech platform that enables anyone to start an online business with zero capital investment, serving the ecommerce sector.
Wi-flix: A live streaming and subscription video-on-demand provider offering authentic, originally African and international content to subscribers worldwide.
Swoove360: A logistics tech platform that optimizes delivery and logistics operations by providing real-time tracking, automated route planning, and seamless order management.

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