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Unclaimed
Discovery tool, not advice. Every figure is the published rule, not a decision on your case.
Equity

Rwanda Innovation Fund (RIF)

Status

Status not published

Rolling investment enquiries; no fixed calls.

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Amount
$2,000,000

Target investment size usually USD 250,000 to USD 2 million, typical hold 5-7 years; investments seed round to B-round.

Funder

Rwanda Innovation Fund, managed by Angaza Capital with the Government of Rwanda and the African Development Bank

ppp · national

Deadline: Open all year — Rolling investment enquiries; no fixed calls.

Your odds
Not published

This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.

Effort
major

Major bid — written case, budget, possibly partners.

Who can apply

Tech-enabled growth-stage startups with proven product and traction, yearly revenue USD 50,000 to USD 5 million, ability to scale across borders; Rwanda-based, East Africa/EAC-based or tech-transfer companies; ESG-friendly sectors (fintech, edtech, SME productivity and digitisation, clean mobility, agtech, healthcare, clean energy). Apply via online questionnaire.

How to apply

  1. Submit the company through the RIF website or an introduction.
  2. Screening and management meetings.
  3. Due diligence.
  4. Investment agreement, usually with a Rwandan presence commitment.

What you will need

Related reading: How grant deadlines actually work

Apply on the funder's site

Source. https://www.minict.gov.rw/news-detail/investment-criteria-for-the-rwanda-innovation-fund-managed-by-angaza-capital

"The Fund's target investment size usually ranges from $250,000 to $2 million, with a typical hold period of 5-7 years."

Last checked against the official page on 5 October 2026

Source: www.minict.gov.rw

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