HEVA is an East African fund that invests in the transformative social and economic potential of the creative economy sector in the East African region.
1. The Cultural Heritage Seed Fund
The Cultural Heritage Seed Fund supports culture and heritage startups in Kenya working directly in the areas of music, film, fashion, crafts, gaming and performing arts – as well as tourism projects which celebrate and preserve our heritage. This fund is open for application by individuals, groups, communities, businesses and organizations working on ventures, projects or activities based in cultural heritage.
This consists of Kshs 500,000-3,000,000 in seed grant-loan hybrids and is in collaboration with the British Council
Applications now open until 25th February 2019.
2. Young Women in Creative Industries Fund
With up to Kshs 1,000,000 in loans and technical assistance in collaboration with the Goethe Institut, The Young Women in Creative Industries Fund is designed to support young women in creative enterprises looking to increase their production capacity, launch new product lines, invest in new technology and expand their distribution networks in the East Africa market.
In addition to the loan facility, successful applicants will receive tailored financial facilities and targeted business support. The fund is open to woman-owned or majority-women owned businesses working with fashion, crafts, digital media, music performance, hair, beauty and cosmetics as well as creative education enterprises.
Applications now open until 25th February 2019!
3. Growth Fund
With up to Kshs 5,000,000 to 10,000,000 in loans in collaboration with Agence Française de Développement (AFD), The Growth Fund is aimed at providing growth capital to medium-sized creative businesses in Kenya working with fashion and apparel, live music and performance events, and digital content production and distribution. The facility is designed to provide growth financing to mature ventures, with beneficiaries receiving business and client support as part of the investment.
Applications open in February 2019.