Bolt, the on-demand mobility platform, has announced its innovative Accelerator Program to empower Kenyan drivers, couriers, and immediate family members to embark on an entrepreneurial journey.
The Bolt Accelerator Program offers Bolt drivers and couriers the chance to become active participants in shaping the future of sustainable mobility in Kenya.
Bolt says a dedicated €20,000 seed fund supports business plans focused on this theme.
Entrants will pitch ideas aligned with Bolt’s vision of “sustainable African cities.” This vision prioritizes the well-being of citizens, environmental sustainability, and accessible mobility for all.
Program Details and Benefits
- Application Period: March 19th to April 4th, 2024
- Eligibility: Registered Bolt drivers/couriers and their immediate family members residing in Kenya.
- Selection Process: A multi-stage process involving idea submission, training, interviews, and final pitches.
Benefits for Participants
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- Training workshops to develop business development skills.
- Mentorship from experienced entrepreneurs.
- Seed funding opportunities of €2,000 each for the top 10 ideas.
Collaboration for Impact
Bolt has partnered with The Nest Innovation Park, a prominent Kenyan entrepreneurial hub.
The Nest’s network of mentors will guide and support program participants as they develop their business plans.
Caroline Wanjihia, Bolt’s Regional Director of Rides for Africa, states, “Ride-hailing and food delivery already offer flexibility for drivers and couriers. We hope this program goes further and creates a positive impact on local communities. We’re thrilled to extend this successful Nigerian initiative to Kenya and Ghana.”