The Nairobi innovation week brings together partners from government, private sector, development partners and research centers with an aim of providing a platform for showcasing and encouraging innovation, networking and sharing knowledge. Strathmore University, through @iBizAfrica partnered with the Ministry of Industry Trade and Cooperatives to reach out to potential innovative startups.
The aim of NIW is to prepare home grown localized innovative and scalable startups to be investor ready and to give them access to seed stage funding or growth phase financing options. Over a hundred startups registered themselves to take full advantage of this.
Through their application profiles, sixty of these startups were invited to pitch their ideas from 26th January – 27th January 2017 in front of a panel of judges The two panels of judges consisted of 5-6 industry business leaders.
Each of the sixty startups had fifteen minutes (10-minute presentation and a 5-minute Q&A session) to showcase their ideas and prove to the judges why their startup deserved to be in the 3 week NIW Boot Camp scheduled between 6th February and 22nd February 2017.
The BootCamp will be hosted by @iBizAfrica and will entail different exciting elements needed in running a startup such as legal issues, pitching and presentation skills, business modeling among others. This will serve as inspiration to the startups to make impressive presentations.
A further shortlisting will be made after the boot camp to determine the finalists that will present during the main event that is to be held between 6th March and 10th March 2017. We wish all the shortlisted businesses the best during this amazing time of learning how to grow their startups.