The project of Matunda Ventures is financed with the support of OVO. Matunda Ventures is a social business start-up that wants to use the production of fruit snacks to expand the socio-economic opportunities of farmers and young people in the Teso region, known as the fruit basket of Uganda.
Moulin du Nil Blanc Ltd' (MNB) from Rwanda is the first project financed by the OVO Acceleration Fund of OVO. "It is a very important step for the OVO Acceleration Fund," says general manager Björn Macauter, who points out that in the near future several African social and sustainable entrepreneurs will be eligible for financing.
No fewer than 140 stakeholders attended the official launch of the OVO (Entrepreneurs for Entrepreneurs) Acceleration Fund in Leuven. They also watched presentations of projects by four African start-ups.
In addition to its NGO and B2B models, Entrepreneurs for Entrepreneurs has now launched an investment fund too. The organization is currently engaged in negotiations with the King Baudouin Foundation to host the fund.
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From a donation of 40 euros, you will receive a tax certificate from the King Baudouin Foundation.