If you are a woman wishing to revamp your start-up enterprise, well Standard Chartered Bank, iBiz Africa and Strathmore University are looking for you for funding. The three institutions have launched a Sh20-million programme called ‘Women in Tech Incubator’, an accelerator initiative to invest into women-led start-ups.
The programme targets women entrepreneurs and business owners in Kenya, who want to, or are using technology to grow their businesses, but lack the requisite support. It aims to identify and empower five women-led start-ups and mentor them for over a year.
You only need to apply via womenintech.co.ke website, which upon application, shortlisted entrepreneurs will be invited to pitch their ideas or projects to a panel of judges, who will then select the top 10 most compelling contestants.
Thereafter, the 10 will go through a 10-week incubation period, where they will have a chance to work on their projects and make them come to life. They will then present the final output to the judges. Five winners will be announced during an award ceremony, walking away with Sh1,030,000 (US$10,000) cash prize.