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    NEWS

    Application Process for StanChart Women In Tech to Close on May 9

    KhusokoBy Khusoko2022-05-05Updated:2022-05-05No Comments2 Mins Read
    10 Kenyan companies will access 12 weeks of incubation which will culminate in 5 of them getting KShs 1,000,000 million in funding to grow their businesses.

    The application process for admissions to Standard Chartered Women in Technology Incubator Kenya, Africa’s leading incubator programme for female-founded businesses will close on Monday.

    The Women In Tech program is an initiative to support women-led start-ups that utilize technology to drive productivity, with training, mentorship & seed funding of $10,000 for five selected businesses. 

    StanChart Bank Kenya has partnered with @iBizAfrica-Strathmore University to roll out this 5th cohort of the Women in Tech incubator programme.

    Advancing global trends in women-owned businesses are the programme’s theme this year.

    The Eligibility criteria

    • The business must be based in Keny; aligned with the needs of Kenyans and operating in Kenya
    • The company must be a tech-enabled and/or leveraging on emerging technologies, including but not limited to; the Internet of Things (IoT); Artificial Intelligence; Robotics; Augmented & Virtual Reality; 3D & 4D Printing; Cloud Computing; Big Data; Blockchain; Drone Technology and Biometrics.
    • The company must be founded or co-founded by a woman with an equal or majority stake.
    • The founder or co-founder must be over 18 years old and Kenyan 
    • Business models must have a clear focus on sustainability and alignment to the Sustainable Development Goals (SDGs).
    • 3 months to less than 2 years of operations.
    • Seeking support for proof of concept, customer, product, and business model development.
    • Pre-revenue with early traction (users).
    • Post revenue is an added advantage, with the creation of a new business module.

    https://womenintech.co.ke/

    Program Benefits

    • 12 weeks of an immersive learning experience
    • Access to a leading network of coaching experts
    • Access to B2B networking opportunities
    • Personalized mentorship sessions to address your unique business needs
    • Opportunity to join a supportive Women in Tech Alumni Network
    • KES 1,000,000 equity-free grant seed funding for the top five finalists
    • 9 months of ongoing support from Standard Chartered and @iBizAfrica to assist with the go-to-market and scale for the top five finalists.

    To apply click here. 


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    Khusoko

    Multimedia platform providing analysis of business & financial news in East Africa.

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