Innovators

Kenyan Innovation Body unveils a digital marketplace to connect innovators and investors

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In April this year, the Kenya National Innovation Agency CEO, Dr. Tonny Omwansa, officiated the launch of a one-stop shop for innovators, investors, Enterprise Support organizations (ESOs), and Customers dubbed the Kenya Innovation Bridge at the Hillpark Hotel in Upperhill.

The event organized by the Kenya National Innovation Agency (KeNIA) and the Foreign Commonwealth Development Office (FCDO) marks the National Launch of the digital marketplace. The platform has so far been launched in the Rift, Western, Lake, and Coastal regions of Kenya, where different stakeholders have been engaged and onboarded as users.

In his remarks, KeNIA CEO Dr. Tonny Omwansa stated that the Kenya Innovation Bridge Platform is part of the interventions that the Agency is making on the individual (innovator) level. He reiterated that through the platform, innovators get access to opportunities that will enable them to scale their innovations into sustainable businesses.

“The aspiration of the Kenya Innovation Bridge is to have a platform where all elements of the Innovation ecosystem are onboard. We envision it as a literal innovation marketplace; whether an innovator is looking for mentorship, partnership, funding, or capacity-building opportunities, they can find it all there. It is a platform of boundless possibilities.” Dr. Tonny Omwansa, Chief Executive Officer, Kenya National Innovation Agency

The new platform hosts more than 2000 innovators, investors, and Enterprise Support organizations across Kenya. The platform was created with the intention of increasing the discoverability of innovations and connecting the existing and emerging innovations in Kenya to a virtual marketplace to provide linkages to investments, partnerships, and capacity-building opportunities that could transform the innovations into commercially viable products and businesses, thereby contributing to job creation and the overall economic growth of the Country. So far, over 400 connections have been made, and 120 partnerships are being pursued.

Emmanuel Kweyu, Deputy Director, @iLabAfrica, present at the event, said that, “Through the Kenya Innovation Bridge, we aim to create a boundless platform where innovators can discover opportunities for mentorship, partnerships, funding, and capacity building. It is a marketplace of endless possibilities, fostering equitable and inclusive innovation.”

Representing the UK Government, Dr. Emmeline Skinner said that the Kenya Innovation Bridge is just part of the greater partnership between KeNIA and the UK Government. Talking to innovators, Dr. Skinner emphasized that innovation is not just about technology and the latest trends. “With the innovation bridge platform, we hope to see diverse innovations from all sectors, even in service delivery, because innovation is simply a different way of doing things.”

“Innovation is equitable and inclusive. The intention of the Kenya Innovation Bridge is to ensure that we leave no one behind. Through the platform, we want to reach everyone, including women, youth, and People with Disabilities. ” Dr. Emmeline Skinner, Foreign Commonwealth Development Office

The launch of the Kenya Innovation Bridge marked a significant milestone in the country’s innovation ecosystem. With the platform now accessible in multiple regions of Kenya, it has successfully connected over 2,000 innovators, investors, and Enterprise Support organizations. The vision behind the Kenya Innovation Bridge is to create an innovation marketplace that encompasses all elements of the ecosystem, providing plenty of opportunities for mentorship, partnerships, funding, and capacity building.

Universal Curriculum to address the needs of the African entrepreneurs

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AfriLabs, Strathmore partner to develop African incubation curriculum

AfriLabs-Africa’s umbrella body that brings together innovation hubs across the continent entered into a Memorandum of Understanding (MoU) with Strathmore University’s Research and innovation Centre, @iLabAfrica for the development of a universal incubation curriculum to be rolled out across continent.

The curriculum has been developed through the @iBizAfrica incubation unit of @iLabAfrica and has seen the generation of an academic tailored training content, suited to address the needs of the African entrepreneurs and grow the African dream.

AfriLabs programs team led by Director of Programs Nanko Madu visited Strathmore University for the official launch and roll out in a meeting that was also attended by host Vice Chancellor Designate, Dr. Vincent Ogutu, @iLabAfrica Director Dr. Joseph Sevilla, @iBizAfrica incubation manager Ms. Linda Kwamboka among other players in the incubation industry.

Through the new content, the different innovation hubs spread across the continent will be provided with a curriculum that resonates with the specific needs of entrepreneurs in the sub regions in East Africa, Central Africa, South Africa, North Africa and West Africa while also trying to address common challenges.

Speaking during the event, Dr. Ogutu lauded AfriLabs efforts of supporting innovation centers across the continent through capacity building, training and access to capital, citing that it was important supporting the African dream from within.

“This is a good idea of bringing together incubators across Africa to work together especially Kenya, South Africa and Nigeria which have a vibrant entrepreneurial culture.

“Incubations mean a lot for the growth of startups and the economy at large, many African economies are made of Small and Medium Enterprises (SMEs) which make a lot of contributions to the economy” said Dr. Ogutu.

According to a 2018 World Bank Report, there has been disconnect between industry, angel donors, venture capitalists and research in Africa. This has resulted in few Research and Development (R&D) outputs being scaled up. The lack of training and capacity building also compounds the challenges meaning that quite often African innovations rarely grow beyond just being an idea or prototype in the hubs.

The head of programs at AfriLabs expressed confidence in the new partnership with Strathmore University, citing the huge academic experience at the institution as a big asset that will aid in the success of many startups through access to relevant content.

“Our work involves building the capacity of startups and improving their chances of survival despite the numerous challenges. Strathmore brings its huge expertise in academia, they have done a lot here in Kenya through @iBizAfrica Centre and this marks the beginning of a bigger role in advancing startups in Africa” said Ms. Madu.

Ms. Madu further added that whereas many innovators in Africa have good ideas, it has been challenging to make them understand that entrepreneurship goes beyond an idea and a lot always has to be done for real actualization, saying that it will be made possible through education in the new design curriculum.

@iBizAfrica, started in 2012 has been instrumental in the support of startups in Kenya through mentorship, training, coaching and access to funds through competitions such as the ‘Women in Tech challenge’ which was implemented in collaboration with Standard Chartered Bank with the final winners getting a seed funding of 10,000 Euros to grow their business.

The Strathmore based incubator has supported more than 400 startups in the last nine years, registering a 78 percent success rate according to Administrator @iBizAfrica Diana Tiren.

The new collaboration also seeks to help startups address challenges in skills development and capacity to run institutions while also providing access to funding, networking forums, advocacy and public policies.

Deployment of the curriculum through the different regional centers will help foster networking and cross country collaborations, by sharing experiences, innovators will get to learn from each other, getting different approaches of advancing their work.

Entrepreneurship must be at the heart of efforts to transform Africa’s economic prospects, ecosystems to support African entrepreneurs, particularly small and medium firms, must also be tailored to the African context by stakeholders working with entrepreneurs along the entire growth path, rather than through a fragmented approach.

According to the African Development Bank (ADB,2021) 22 percent of Africa’s working-age population are starting businesses, presenting the highest entrepreneurship rate in the world. This demonstrates the need for innovation hubs and institutions coming up with good support systems that will create a thriving entrepreneurial culture in the continent as demonstrated by the collaboration between AfriLabs and @iBizAfrica.

About AfriLabs

AfriLabs is a network organization supporting Innovation Centers across African countries since 2011, founded upon the mission of building a community around the rapidly emerging technology hubs in Africa. 

These hubs serve as centers that provide support to African entrepreneurs, innovators, developers, and youths. By providing physical co-working and dedicated office spaces, as well as inclusive training and business, legal and financial support, we play an active role in helping to raise successful entrepreneurs who will create jobs and develop innovative solutions to African problems.

Women in tech – Last call

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WIN KSH 1,000,000 FOR YOUR BUSINESS!

WITStandard Chartered in partnership with @iLabAfrica has launched a search for the third cohort of women-led technology startups which will see five entrepreneurs win Sh1 million each.

The partnership seeks more diversity in technology and for more opportunities for women to develop entrepreneurial and leadership excellence.

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

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 business and innovation incubator- @iBizAfrica
  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
Application  deadline 4th November 2019 

REGISTER HERE 

For more information Click here

To Apply click here

Call for Applications: Young Innovators Competition 2014

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The Young Innovators Competition is looking for talented young social entrepreneurs using technology creatively to meet a range of real-life developmental challenges.

The Young Innovators Competition is a platform for innovative ideas and digital creativity. The aim is to seek out talented young thinkers and social technopreneurs across the globe, and to encourage them to showcase their innovative ideas at the upcoming ITU Telecom World 2014 in Doha in December this year. The competition is open to 18-30 year-old young people from across ITU’s 193 member states.

Click here for application and more information.