Centum Foundation has established the Centum Foundation Entrepreneurship Program which aims to provide innovative SMMEs with up to 15 million shillings funding per team and business development tools they need to propel their growth.
This is in keeping up with their promise to support small businesses in Kenya.
Centum Foundation will leverage its unique position as a leader in the Kenyan and East African economy to provide the SMMEs with access to markets, knowledge and mentorship opportunities that will differentiate them.
Application process
Once selected from a pool of applicants, promising SMMEs are invited to an 8 week training and assessment where they develop an investment proposal with the help of a mentor from the Centum Group. This process culminates in a presentation before a panel of judges, who award funds to promising SMMEs as needed. The funds will then be disbursed according to the terms agreed by the Investment Committee. The businesses that are funded are monitored as they grow to determine the impact of the investments on these young businesses and the economy as a whole.
Centum Foundation Entrepreneurship Program is looking for young, innovative businesses that solve major problems in the economy in a disruptive way. If this fits your business description, please apply here. Applications are still open.
For more information kindly visit Centum Foundation website or contact them at foundation@centum.co.ke.
