NAIROBI, Kenya- In an inspiring move towards gender equality and sustainable innovation, Standard Chartered and iBizAfrica-Strathmore University have unveiled the latest inductees for their transformative ‘Women In Tech’ programme.
This year, the initiative brings together female entrepreneurs leveraging technology to spearhead sustainable startups with significant impact potential.
The 2024 Standard Chartered Women In Tech programme is set to elevate fifteen exceptional startups over a 12-week business incubation training.
The selected ventures embody a commitment to Environmental, Social, and Governance (ESG) practices, aligning with both Kenyan and global sustainability initiatives.
“These start-ups exemplify the innovative spirit and resilience of women entrepreneurs in Kenya. We are committed to providing them with the resources and mentorship they need to scale their businesses and create sustainable impact for Kenya,” said Dr. Joseph Sevilla, Director of iBizAfrica, Strathmore University.
Among the inductees are Girah Heritage Ltd, offering sustainable tourism experiences, and MOMA Renewable Energy, producing ethanol-based cooking fuel from food waste.
The programme emphasizes startups that solve socio-economic challenges through technology, reflecting Kenya’s advanced tech landscape and its capacity for creative global interventions.
Training for a Sustainable Future
The theme for this year, “Empowering Women for a Sustainable Future,” highlights the importance of technology in fostering sustainable development.
The selected startups demonstrate innovative solutions that adhere to ESG principles and contribute to the Sustainable Development Goals (SDGs).
The 12-week training covers emerging technologies like artificial intelligence, the Internet of Things (IoT), and big data.
It integrates core business skills such as strategy formulation, marketing, and business idea conceptualization, preparing these ventures to transition from incubation to sustainable enterprises.
“Kenya’s advanced use of technologies means that it is in an ideal position to apply creative interventions to global climate issues,” noted Joyce Kibe, Head of Corporate Affairs, Brand, and Marketing, Kenya and Africa, Standard Chartered.
A Commitment to Growth and Impact
Since its inception, the Women in Tech programme has attracted over 2,250 applications, trained 64 women-led startups, and provided mentorship, business advisory, coaching, and networking opportunities.
It has also facilitated access to seed capital and investor forums, helping mold these businesses to international standards.
Over the past six cohorts, 32 women-led enterprises have been awarded over Ksh 40 million in seed funding.
This year, seven startups from the current cohort will receive Ksh 1.2 million each to fuel their growth and further their impact.
