funguo

Funding Opportunity FUNGUO: Apply now

July 9, 2025 0 Comments

Funding Body: FUNGUO Innovation Programme (UNDP, EU, UK FCDO, Finland)
Location: Tanzania (nationwide)
Application Deadline: 19 July 2025 (23:59 EAT)
Target: Early- & growth-stage Tanzanian startups/MSMEs
Grant Size: Up to TZS 100 million

Programme Background

The FUNGUO Innovation Programme is a multi-partner initiative designed to unlock the potential of impact-driven startups and MSMEs in Tanzania. It provides catalytic funding, technical assistance, and ecosystem strengthening, co-funded by EU, FCDO (UK), Finland, and implemented by UNDP Tanzania :contentReference[oaicite:2]{index=2}.

Purpose & Beneficiaries

This call is open to for-profit or social enterprises that are: majority Tanzanian-owned (51%+), registered locally, beyond ideation with market traction, and have raised less than US$100K in funding :contentReference[oaicite:3]{index=3}. Grants are non‑equity and performance-based, with capacity building and networking opportunities :contentReference[oaicite:4]{index=4}.

Eligibility Criteria

  • Legally registered in Tanzania
  • Majority Tanzanian ownership (≥51%)
  • Post‑MVP and early traction
  • Under US$100K total funding to date :contentReference[oaicite:5]{index=5}

Evaluation Criteria

  • Innovation (35 points): Novel products, services, or processes
  • Scalability (30 points): Viable business model with growth potential
  • Team & Management (20 points): Expertise and leadership structure
  • Development Impact (15 points): Contribution to SDGs, job creation, environment :contentReference[oaicite:6]{index=6}

Timeline & How to Apply

This opportunity is ideal for Tanzanian entrepreneurs building innovative, impactful ventures ready to scale. Apply now!

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