Flourish Ventures

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Last update: Oct 23, 2025 Last update: Oct 23, 2025

Details

Location:Africa
Africa
Funding agency:
Grantmaking entity: Flourish Ventures
Grantmaking entity type:Consulting organization
Status:Open
Budget:N/A
Award ceiling: USD 200,000
Award floor:N/A
Sector:Non-specialized Goods / Services, Private Sector & Trade
Languages:English
Eligible applicants:Private Sector
Eligible applicant countries: Africa
Africa
Date posted: Oct 23, 2025

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Description

Madica is a 12-18 month structured investment program for African startups - especially those that receive a disproportionately small share of venture funding, such as those led by women or by local founders or those that operate outside well-established
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grant Background

About the Funding Agency

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About the Sectors

Non-specialized Goods / Services

Covers general goods and services that support daily operations, facilities management, and basic institutional needs.


Key areas:
  • Facility support services (cleaning, catering, maintenance)
  • Rental services (offices, venues, accommodation, parking)
  • Supply of basic goods and consumables
  • Office, household, visibility, and event-related supplies

Private Sector & Trade

Entails initiatives that promote entrepreneurship, strengthen competitive markets, and expand domestic and international trade opportunities.


Key areas:
  • Private sector development and SME/MSME support
  • Entrepreneurship, start-ups, and business growth initiatives
  • Trade facilitation, import/export, and market access
  • Commerce, retail/wholesale, and free trade mechanisms
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