HEVA Business Funding for East African Creatives (Up to 50,000 USD)

In partnership with the European Commission, and Agence Française de Développement (AFD), HEVA Fund has opened applications to the East Africa Creative Business Fund – an additional facility to the existing growth fund. This will see an additional investment of USD 380,000 go-to creative businesses that are registered and operational in Kenya, Uganda, Rwanda, Tanzania, and Ethiopia.

WORTH

• This fund is designed to provide financing for creative businesses to restructure interrupted supply chains; increase production capacity; diversify offerings; increase market share; increase integration in local and regional value chains; support transition to low-touch and digital capabilities; and take advantage of new opportunities.

ELIGIBILITY

Key requirements for each application are:

• Your business must be registered and operational in one of the listed countries: Kenya, Uganda Rwanda, Tanzania, and Ethiopia. At least 51% of company stakeholders must be citizens in any of these countries.
• Your business must be able to demonstrate a resident team (permanent or part-time). The business must have a minimum of one (1) permanent employee.
• You must have valid financial statements or audited accounts for a minimum of one (1 year)
• Your business must demonstrate that it has bee operating for at least two (2) years.
• Your enterprise must be in the listed creative economy value chains.

DEADLINE: Ongoing

To apply and for more information visit here