Women in Tech 2nd Cohort Launched

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WIT

Standard Chartered in partnership with @iLabAfrica this week launched the start off a search for a second cohort of women-led technology startups which will see five entrepreneurs win Sh1 million each.

The Standard Chartered Women in Technology Incubator Kenya is Africa’s leading women in tech incubator, aligning with calls for more diversity in technology and for more opportunities for women to develop entrepreneurial and leadership excellence.

Through the Women in Tech Incubator, 10 businesses will benefit from mentorship and seed funding.

The program combines world class startup support with local and international experience to provide Africa’s most competitive and attractive startup incubation program focusing on immersive learning, mentorship, building and growing Africa’s next iconic startups taking on the continent’s most relevant challenges and opportunities.

Shortlisted start-ups will be selected to go through a 12-week incubation period after which five will win Sh1 million.

“The Women In Tech Incubator programme will help identify, grow and bring to the market unique business ideas and change the fortunes of women entrepreneurs and business owners in Kenya,” said Public Services, Youth and Gender Affairs Cabinet Secretary Margaret Kobia while speaking during the launch on Monday.

Last year, the five businesses which received seed funding were solar cooler company Maziwa Plus, e-commerce platform Heri Online, insurance information app Bismart, career solutions hub Zydii and Africa Solutions.

Some of the winners have gone on to attract funding from local and international investors to scale up their businesses.

How to APPLY

Who are we looking for?
We are seeking to recruit the best entrepreneurial minds, women-lead startup teams leveraging on technology as a key driver of innovation in business. The applicant must:
  1. be a woman
  2. be the CEO with equal or majority ownership in the company
  3. 18 and above
  4. of Kenyan nationality
What are the the program thematic areas?
Applicants may submit applications across but not limited to the following thematic areas:
  1. Agribusiness
  2. Education
  3. ICT
  4. E-Commerce
  5. E-Health
  6. Fintech
What do Participants Get?
  1. Three months incubation at Strathmore University’s leading businss and innovation incubator
  2. Mentorship from world class mentors
  3. Coaching by top business, technology and legal professionals
  4. Immersive, world-class entrepreneurship curriculum
  5. Networking and exposure to expand your business networks
What do Winners Get?
  1. USD 10,000 or KES 1,000,000 equity-free grant seed funding for the top 5 winners
  2. 9 months ongoing support from Standard Chartered and @iBizAfrica to assist with go-to market and scale.
Terms and Conditions
  1. Participants must be physically available to attend the program over the three months incubation
  2. Participant accommodation costs are not catered for

For more information Click here

To Apply click here

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