SCB Women in Tech Incubator Awards 5 Entrepreneurs Ksh.1.2M Each

Standard Chartered Bank Women in Tech 5th Cohort winners

The Standard Chartered Bank Women in Tech program awarded five participating businesses Ksh1.2 million each in the culmination of the 5th cohort of the incubation program.

The five: Keyara Botanics, Learning Differently, Aurora Health Systems, Sello and Digipath, received their prize money in a graduation ceremony presided by Ms Flora Mutahi, Chair of Kenya Private Sector Alliance (KEPSA), Standard Chartered Bank Kenya CEO, Kariuki Ngari and @iBizAfrica Incubation Centre- Strathmore University Director, Dr Joseph Sevilla.

The 5th cohort of the Women in Tech program was launched in March 2022, attracting 207 applicants; ten were chosen to participate in the incubation program.

Of these, nine companies successfully underwent incubation for three months receiving training, coaching and mentorship by @iBizAfrica-Strathmore University network of industry experts, Strathmore faculty, business leaders, experienced mentors, and professionals. This culminated in a rigorous and transparent pitching process for the Ksh.1.2 million ($10,000) business funding.

Kariuki Ngari, CEO & MD, Standard Chartered Bank Kenya & East Africa, said, “As a bank, we are encouraged by the resilience and innovation of these women-owned businesses and will continue to support the program as part of our Futuremakers initiative, which aims to equip women with skills that help them earn, learn and grow.”


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