The Private Adaptation Investment Bootcamp (PrivABoo) – implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) – supports growth-stage small- and medium-sized enterprises (SME) with adaptation & resilience solutions to raise capital and investment for entry into new markets or market segments and to scale-up for maximum development and climate change adaptation impacts.
Applications are now open for the next cohort kicking off in July 2024. SMEs registered or operating in Pakistan that offer climate adaptation and resilience solutions can apply through the 3rd PrivABoo Cohort Application Form . Deadline has been extended until Sunday, 30th June 2024 (Previously 16th June).
Selected applicants receive free investment readiness support and capacity-building over a period of 18 months until the end of 2025 with the explicit objective to raise capital and investment by a professional investor by the end of the program.
To be eligible to apply, applicants must meet the following criteria:
- Have read and understood the call’s terms and conditions.
- If selected, agree to the call’s required commitments during the implementation period as laid out in the terms and conditions.
- Be a small- and medium-sized enterprise (SME) with fewer than 250 employees, and a turnover of less than 50 million USD, or a balance sheet total of less than 43 million USD.
- Be registered or operating as an entity in Pakistan.
- Be at least growth-stage, meaning a minimum viable product in the market and active customers.
- Have a revenue average over the last two financial years of not less than 50,000 USD.
- Have a business solution or innovation that helps others adapt to the impacts of climate change or build resilience.
In addition to the eligibility criteria, applicants will be evaluated against Business Model, Financials, Adaptation & Resilience Impact, Inclusivity and Gender Relevance.
For more information, please read the call’s Terms and Conditions and check out the 3rd PrivABoo Cohort Application Form.
How to apply?
- To apply, please complete the 3rd PrivABoo Cohort Application Form and send it to syed.mustafa@giz.de and josue.arguedas@giz.de.
- SMEs will receive a confirmation email afterwards.
- The deadline has been extended until Sunday, 30th June 2024 (Previously 16th June).
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