Breaking NewsGlobal Beehive

Standard Chartered $175k Women in Tech programme selected 15 Kenyan startups

15 women-led startups have been chosen by Standard Chartered Kenya in collaboration with @iBizAfrica and Strathmore University to participate in the Women in Tech Programme, which will culminate in seven companies receiving US $10,000 in funding.

Female-led entrepreneurial teams are assisted by Standard Chartered Women in Tech through business management education, mentoring, and seed funding. The top 15 teams for this year were chosen from a pool of more than 250 startups from various industries who applied for the program. This is an improvement over previous cohorts, where 10 businesses were incubated and five startups per cohort each received funding.

Ecorich Solutions, Imani Health Wallet, Sol Active, Saidiwa Rides, Ento Farm, AgriTech Analytics, Techtenum Minds, MyAfya Africa, Rhea Soil Health Management, Know Learning, Sign With Us, Acre-insights, Instruct Africa, Panacare, and Tynka Global are the selected businesses.

“Our continued funding of this programme is a result of research that indicated that female-led startups in Africa attracted less funding in 2022 compared to male-led startups in the region. Women-led enterprises were more challenged by societal bottlenecks and financing limits, so we are pleased to contribute to closing the gap through increased capacity building and focused funding toward female-led enterprises,” said Standard Chartered’s head of corporate affairs, brand, and marketing in East Africa, Joyce Kibe.

 

 

SHARE

Related Articles

Back to top button