40 women-led startups in Kenya have made the shortlist for the Standard Chartered’s Women in Tech Incubator program.
The program is an initiative of StanChart, in conjunction with Strathmore University’s @iBizAfrica incubator. The program is for Kenyan women to develop entrepreneurial and leadership skills in tech. Focus areas being:
- Digital Banking
- Mobile Solutions
Applications for Standard Chartered’s Women in Tech Incubator program were open in October – Right Here – and 40 applicants were picked from the 200 women-led startups that showed interest.
From these 40 startups, 10 will be selected over two staged to receive up to sh.1 million in seed funding on top of 9 months of ongoing support from StanChart and @iBizAfrica.
Director of @iBizAfrica, Dr. Joseph Sevilla said, “This marks the beginning of a journey of innovation that will see top 10 female-led start-ups transform into viable businesses.
“It is very encouraging that we have received applications from all over the country and we believe the shortlisted teams have great potential for advancing to the finals.”0