Closing : 31 Dec 2026 Updated : 25 Oct 2026

Rwandan Innovation Fund

Multisectorial — Rwanda

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Description

The Rwanda Innovation Fund is the first national venture capital vehicle supported by the African Development Bank. It aims to bridge the financing gap faced by innovative technology companies during their early stages of growth. The program is based on a public-private co-investment model. It combines equity investments with a significant technical assistance component designed to improve companies' investment readiness, develop entrepreneurial skills, and sustainably strengthen Rwanda's innovation ecosystem.

Objectives

🚀 Funding innovative businesses:
Investing equity in high-potential tech startups and SMEs.

💼 Developing the venture capital market:
Attracting private investors through a catalytic financing mechanism.

🌍 Strengthening the entrepreneurial ecosystem:
Improving the capabilities of incubators, entrepreneurs, and support structures.

📈 Stimulating economic growth:
Promoting the creation of skilled jobs and the emergence of competitive, innovative businesses.

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