FUNGUO programme expands funding to Sh6.5bn for high-potential startups

Head of Cooperation at the European Union Delegation to Tanzania, Mr. Marc Stalmans (left), speaking during a panel discussion. of the unveiling ceremony of new investees under the FUNGUO Innovation Programme held  in Dar es Salaam. alongside Ms. Anna Wilson, Development Director at the British High Commission; Ms. Sanna-Liisa Taivalmaa, Head of Cooperation at the Embassy of Finland; and Mr. Joseph Manirakiza, FUNGUO Programme Manager at UNDP Tanzania, PHOTO | CORESPONDENT

Dar es Salaam. The FUNGUO Innovation Programme has expanded its catalytic funding to a total of Sh6.5 billion, marking a major milestone in its efforts to strengthen Tanzania’s innovation and entrepreneurship ecosystem.

The latest round of investment targets 13 high-potential startups and micro, small and medium enterprises (MSMEs) from across the country.