Investment Catalyst Facility (ICF) FAQs

The Investment Catalyst Facility (ICF) is the GDC’s flagship initiative to help GDC member companies professionalise and access the financing they need to grow. With the financial support of our investment partners and donors, the ICF will provide tailored financial and technical support to 15 high-potential GDC member companies preparing to raise debt investment of between €50,000 and €500,000.

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Applications for the first cohort open on 24th November 2025 and close on 12th January 2026. Still have questions? See our FAQ section below.

Eligibility

Identification of investment partners

Programmatic

  • How will the programme be conducted?

    The programme will be conducted entirely online. However, we would love to bring participants together if the opportunity arises, and will work to identify a suitable moment to do so. If this is possible, we would support companies with the costs of attending.

  • Is the programme only available in English?

    For the first cohort (starting in January 2026), the programme will be conducted only in English. However, we strongly encourage participants from French-speaking African countries to apply, provided that the core team member who would participate on behalf of the company possesses a good working knowledge of English, i.e., demonstrated ability to read, write and speak proficiently. This is essential for effective participation and engagement throughout the programme.

  • When will the programme start and end?

    It will run from January to August 2026.

  • What are the key phases of the programme?

    1) Application and selection, 2) Benchmarking and investor readiness support (IRS), 3) Financial screening and due diligence support, 4) Investor due diligence, and 5) Catalytic co-financing and derisking.
  • What is the level of committment expected from participating companies?

    Active participation of companies is expected throughout the program. This includes:
    • Participation in group and 1 on 1 sessions plus periodic check ins;
    • Provision of accurate company data to facilitate benchmarking, procure and oversee implementation of investor readiness support (IRS) services and provide receipts for reimbursement;
    • Provision of accurate company data to facilitate financial screening, and willingness to respond proactively and rapidly during the due diligence prep and investor engagement phase;
    • Willingness to self-report on progress;
    • Participation in GDC evaulation surverys before and after the programme.
  • If my application is successful, how will I benefit from participating in the ICF?

    • Support to work through – and action the recommendations from – the GDC’s bespoke benchmarking tool for last mile distributors, which includes 23 KPIs focused on three core business areas: value proposition, sales and marketing, and backend infrastructure and overheads.
    • Up to 10 hours of 1 on 1 support in your fundraising journey, provided by one of our access to finance experts.
    • Tailored support to get you investment ready (worth up to €10k)
    • Support to compile your data room and engage directly with investors
    • In the event of a financial close, access to catalytic co-financing worth up to €15k.
  • During the course of the programme, participating companies will be narrowed down – starting at 15 and ultimately ending with seven companies. How will the GDC decide which companies make it to the final stage?

    We will take into account a combination of factors, namely: the participating companies’ commitment to the programme, e.g., do they submit required data on time and in full? Do they proactively participate and engage in group workshops?; its functional readiness for investment, e.g., do they possess the relevant company/financial records investors want to see, and are they ready to go through the due diligence process; how well the company has progressed through the stages of the ICF programme (see FAQ above) and if they achieved relevant milestones; and if there is a clear and validated transaction fit with an investor(s).

  • Will there be other cohorts of this programme (beyond the January to August 2026 cohort)?

    Our funding is currently for the pilot phase of the programme (cohort 1, running from January to August 2026). We are proactively working to identify donors to work with to help us expand the ICF’s offering, to support even more GDC members.