Orange Corners Innovation Fund: Burundi – Subsidy application 2024
The Orange Corners Innovation Fund (OCIF) is a subsidy programme that provides fund managers with capital to invest in early-stage startups.
OCIF supports young, innovative entrepreneurs in Africa, Asia and the Middle East to scale up their businesses and create jobs.
OCIF also helps young entrepreneurs prepare for investment and attract commercial follow-up investments.
Project number
NL-KVK-27378529-OCIF24BI03Total budget
€ 2,196,110Countries
BurundiProject status
ImplementationBudget spent
23.29 % spent
Programme
PSD Toolkit – Phase 2Tied status
UntiedStartdate:
Enddate:
Contact
iati@rvo.nlProject partners
Burundi Lend and Lease Microfinance S.A TWUBAKE, Maison de l’Entrepreneur (MDE), Netherlands Enterprise AgencySectors
Business development services, Formal sector financial intermediaries, Informal/semi-formal financial intermediaries, Small and medium-sized enterprises (SME) development| Type | Provider | Provider ref. | Receiver | Receiver ref. | Value (€) | Date | Value date |
|---|---|---|---|---|---|---|---|
| Incoming Funds | 2,198,741.00 | 07-10-2024 | 07-10-2024 | ||||
| Incoming Funds | -2,631.08 | 20-02-2025 | 20-02-2025 | ||||
| Outgoing Commitment | Maison de l’Entrepreneur (MDE) | 2,198,741.00 | 07-10-2024 | 07-10-2024 | |||
| Outgoing Commitment | Maison de l’Entrepreneur (MDE) | -2,631.08 | 20-02-2025 | 20-02-2025 | |||
| Disbursement | Maison de l’Entrepreneur (MDE) | 324,957.33 | 27-11-2024 | 27-11-2024 | |||
| Disbursement | Maison de l’Entrepreneur (MDE) | 50,000.00 | 26-05-2025 | 26-05-2025 | |||
| Disbursement | Burundi Lend and Lease Microfinance S.A TWUBAKE | 136,412.80 | 08-12-2025 | 08-12-2025 |