In what form are further supporters necessary?

develoPPP Ventures is a matching-funds model, i.e. investment capital of at least the same amount must be acquired in addition to the develoPPP Ventures funding. The capital is usually provided by angel investors, family and friends, impact investors, VC funds or by other capital providers. It could also be a fresh cash injection from the current shareholders. To some extent grants can be considered. The external capital does not necessarily have to be available before applying for develoPPP Ventures funding. However, it must have been received at the latest by the time of disbursement of the develoPPP Ventures funds. Companies should therefore be in advanced discussions with investors around securing financing within the next six months. Matching funds can be considered if received up to 6 months prior to the application and as long as the funds are still predominantly available for the develoPPP Ventures investment.