Standard Charted

Standard Chartered and @iBizAfrica Women In Technology Incubator Launch

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On Monday 2nd October 2017, @iBizAfrica in partnership with Standard Chartered Bank launched Women in Technology Incubator program at Strathmore University. The programme 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 expertise.

Speaking during the launch Sunil Kaushal, Standard Charted Bank Regional CEO (Africa Middle East), talked about the growing gender digital divide on socio-economic practices, which he said have resulted in women lagging behind in training and eventually starved off financial opportunities. Laming Manjang – CEO, Kenya, and East Africa from Standard Charted Bank took to the podium and in his remarks emphasized how sustainability is a core priority for Standard Charted Bank work and they will do this by empowering entrepreneurs.

DSC_0079.JPGThe event was officially launched by Sammy Itemere, Kenya Government Principal Secretary of Broadcast, and Telecommunications who talked about how the government has and is still putting up measures that ensure technology is accessible to everyone.  He also talked about how the launch of the incubator is important for our country Kenya as investing in women is insurance for our country and the future.

During the event, there was an all-women discussion panel that talked about women entrepreneurs; cost of technology in running business and digital divide. The panel talked about how it is important for women to access more hands on training, mentoring, long-term engagement to help businesses grow, while funding is important, it is not enough. Ms. Anne Mutahi, board chairperson of Standard charted in her remarks talked about how the incubator will break the barriers women have in getting into the technology field.DSC_0184.JPG

The Standard Chartered team together with the Principal Secretary then went for the tour of the incubation facility at @iBizAfrica where the selected women who will take part in the program will be incubated.

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

The participants who will apply online will then be invited for a pitch to a panel of judges will then select the top 10 contestants who  will go through a 10-week incubation period where they will be coached and  mentored.  Five of the lucky participants will stand a chance of winning $10,000 to help grow their business.

  To be able to take part in the program, please apply here.

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The Event that Was: Standard Charted-@iBizAfrica Mentorship

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 @iBizAfrica in partnership with Standard Chartered Bank held a mentorship session on 20th July 2017 at Thomas More Building, 2nd Floor, Strathmore University. This was aimed at students who wanted career guidance to steer them in the right direction. The mentor would be a reference contact in the student’s career engagement. This was also a chance for students to build a relationship with industry experts who would then walk the journey with the student/mentee.

@iBizAfrica hosted Standard Chartered’s Group Chief Information Officer (CIO), Dr. Michael Gorriz, who shared his journey and advised on how to build a career in the corporate and the business world. In addition, 50 Standard Chartered management team members were present for a mentoring session in various roles in an organization.

Peter Gitau, who is the Chief Information Officer of Standard Chartered in Kenya and East Africa, hosted the event. The Standard Chartered team was taken through a tour of @iLabAfrica and @iBizAfrica incubation centre. At @iBizAfrica incubation centre, the guests were taken through a demo by Diana Martha of Purpink, one of the successful incubatees from @iBizAfrica. Purpink deals with personalized gift items for individuals and corporates.

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The guests then proceeded to Strathmore Law School~Thomas More Building for the mentorship session. Dr. Olukuru, from @iLabAfrica, gave the opening remarks and welcomed the guests and students. This was later followed by a talk by Anne Kayeli of Standard Chartered Human Resource department who gave a talk on “Setting the scene; launching a career for the millennial.” Dr. Michael Goriz gave his remarks and encouraged students to use technology, as it is a necessary tool to ensure economic growth.

The student teams were divided into 11 groups for the breakout sessions. The session was titled “Meet my Mentor” championed by Standard Chartered executives in Operations, Human Resource, Insurance and Finance departments. A mentor from Standard Chartered was assigned to each group. The sessions were highly interactive as the mentors engaged the students who were then able to ask any questions or clarifications they needed. The event was concluded by a vote of thanks by Dr. Olukuru and Peter Gitau.