Up-Scaling – Scaling innovative business models

With the Up-Scaling Programme, DEG finances new investments of early-stage SMEs aimed at scaling innovative business models with high development impact. The promotional programme is implemented by DEG is part of the “Partners in Transformation” offer of the Federal Ministry for Economic Cooperation and Development (BMZ).

After ten years of successful operation, the Up-Scaling program will no longer make any new investments from 2025 on.

Support for existing customers will continue to be guaranteed.

The most important facts at a glance:

What kind of projects do we finance?

  • Eligible are early-stage SMEs (i) in the FinTech Sector, or (ii) with embedded finance components, or (iii) in the GreenTech Sector
  • The companies are registered in a developing country or emerging market
  • They may also be local subsidiaries of German or European companies
  • Preference is given to investments in Africa

What does DEG offer?

  • The Up-Scaling programme provides funding of 500,000 to 749,000 EUR
  • This investment constitutes a maximum of 50% of the total investment volume
  • Private sponsors must contribute a substantial share of equity (at least 25% of the total investment volume)
  • Up-Scaling funds must be repaid in the event of success of the company (depending on pre-defined financial criteria such as revenue or profit).

Conditions for funding

The programme addresses companies that fulfill the following requirements:

  • The company employs an innovative and scalable business approach with a high developmental impact
  • The company has a proven track record, i.e. it is operational for a minimum of 12 months and generates substantial revenues
  • The planned investment generates positive returns (as outlined by a comprehensive business plan and financial projections)
  • The company shows high growth potential owing to the size of the market and the target group
  • The company has the management capacity, human resources and know-how to substantially scale their activities

Project examples

2024-01-12

DEG supports innovative fruit and vegetable cultivation in Indonesia

Read press release

2023-10-12

Indonesia: AgriFinTech provides platform for direct marketing of agricultural products

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2023-03-30

South African GreenTech start-up co-financed by DEG

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