The selected participants gathered in Frankfurt from 13 to 15 June for a kick-off and networking event that marked the start of their implementation journey. Also in attendance were business coaches and representatives from local incubators who will support the entrepreneurs as they refine their business ideas into viable enterprises.  

Diaspora entrepreneurs create new opportunities – both for themselves and for their countries of origin. Since 2010, on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), GIZ has supported members of the diaspora in Germany in founding start-ups that contribute to sustainable development. Winners receive support in areas such as business model development, market analysis and raising capital. They also receive individual coaching, support in networking, and a grant for start-up preparation measures.  

“Being part of the diaspora has given me an advantage,” said Thi Phuong Nguyen who has been living in Germany for three years. “I understand the business culture in Germany and in Viet Nam, which allows me to support both sides and bring greater value to my solution.” She aims to build a platform that uses artificial intelligence to help small and medium-sized enterprises manage trade compliance. 

The selected projects reflect a wide range of sectors and social priorities. One team is planning to develop electric motors in India without using rare earth materials. Another is working to build a mobile app to support women experiencing domestic violence in Cameroon. Others, like a project to produce plush toys for babies in intensive care units in Colombia, combine empathy with innovation. These businesses have the potential to drive economic growth, create jobs, and tackle pressing social and ecological challenges in the participating countries.

Each entrepreneur brings a unique perspective shaped by their experiences in Germany and deep understanding of their countries of origin. The BID initiative is designed to harness this expertise and help founders navigate both ecosystems.  

“If you have a business idea, it’s crucial to study it first,” shared Alice Rosine Tiani from Cameroon at the kick-off event. “Understand your market and your target before you launch.” This is the kind of support BID provides. 

Throughout the three-day event, participants engaged not only with coaches, but also with alumni of previous BID cohorts, many of whom have successfully launched their businesses. Through country-specific working groups and thematic discussions, the participants were able to sharpen their ideas and begin building partnerships. 

“I always wanted to do something worthwhile in Germany and in Ecuador,” shared Patricio Betancourt from Ecuador. Together with his brother Victor, they are working to provide affordable solar systems while protecting the environment. “Through our time in Germany, we have learned about different business models in Europe, and we want to bring this knowledge to Ecuador,” Victor added.  

The 25 entrepreneurs will now move forward to develop prototypes, test markets, and implement their ideas over the coming months.