250 SMEs to benefit From KIEP Project both small and medium enterprises
The government today launched Component Two of the Kenya Industry and Entrepreneurship Project micro website and the SMARTME platform, an
Strengthening Kenya's Innovation Ecosystem (SKIES)
We aim to strengthen the ecosystem's support infrastructure by building the capacity of incubators, accelerators, and technology bootcamp providers as well as subsidizing tuition costs for rapid tech skills students
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Learn moreEnhancing the support infrastructure for Kenyan innovation
SKIES (Strengthening Kenya’s Innovation Ecosystem) aims to enhance the ecosystem infrastructure by building the capacity of intermediaries such as incubators, accelerators, and technology boot camp providers. We will support these intermediaries in developing and deepening their operational strengths and individual business models, ensuring operational sustainability, expansion, and improved quality of services provided.
This will be achieved by strengthening the support ecosystem (e.g. incubators, accelerators, and rapid technology skills providers such as boot camps) through financial grants based on individual improvement plans. In addition, KIEP is also funding technology boot camp providers through subsidizing the cost of tuition for students, and through grant funding for scaling. Incubators and accelerators across Kenya are eligible to apply.
Be a Game-Changer
The project aims to benefit 10 beneficiaries for Track 1 (Incubators and Accelerators) and 8 beneficiaries for Track 2 (Techbootcamp providers), along with 267 students who will receive scholarships for rapid tech skills training for phase 1.
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Boosting Kenyan businesses to spur inclusive growth in small and medium Enterprises
Home to almost 50 million people, Kenya is the most advanced economy in East Africa. Over the past decade, Kenya
World Bank approves $50 million to boost Kenya’s small and medium enterprises
WASHINGTON, June 15, 2018 — The World Bank today approved a $50 million International Development Association (IDA)* credit to increase scale
Funding For Phase I
A total of $3.7 Million in performance-based grants will be given to chosen Accelerators and Incubators, while selected Tech Bootcamp providers are scheduled to receive $800,000. Students who are part of Rapid Tech Skills programs will experience reduced tuition costs amounting to $450,000. A similar funding amount is allocated for phase II.
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