LuxAid Challenge Fund is calling for innovative projects from Beninese companies!

Funding: Up to 90M FCFA (€140,000) for digital solutions in sectors like AgriTech, EdTech, HealthTech, FinTech, and more

Eligibility

• Legally registered in Benin (between June 1, 2017, and June 1, 2024).
• Employ at least 2 people under legal contracts.
• Revenue-generating digital solution with a proven market presence.
• Project duration: 1-2 years, requiring co-financing of 30%-70% (minimum 30M FCFA).

Focus Areas AgriTech:

• Farm management, smart irrigation, crop insurance, and more.
• EdTech: Offline learning tools, localized content, and vocational training platforms.
• Tourism: Ecotourism platforms, digitalizing cultural heritage, and sustainable accommodations.
• HealthTech: Telemedicine, affordable microinsurance, and chronic disease monitoring.
• FinTech: Financial inclusion, mobile payments, and personal finance tools.

Why Apply?

Selected companies will access funding to:

• Scale their innovative solutions.
• Demonstrate measurable social, financial, and environmental impact.
• Prepare for accelerated growth and external investment.