Application deadline: November 13th 2017:
What is the Standard Chartered Women in Technology Incubator Kenya Programme?
The Standard Chartered Women in Technology Incubator Kenya is Africa’s leading women in tech incubator, aligning with calls for more diversity in technology and for more opportunities for women to develop entrepreneurial and leadership expertise. The programme is an initiative of Standard Chartered in partnership with Strathmore University @iBizAfrica incubator.
The programme combines world class startup support with local and international experience to provide Africa’s most competitive and attractive startup incubation program focusing immersive learning, mentorship, building and growing Africa’s next iconic startups taking on the continent’s most relevant challenges and opportunities.
Who are we looking for?
We are seeking to recruit the best entrepreneurial minds, women-lead startup teams leveraging on technology as a key driver of innovation in business.
The principle founder must:
Be a woman:
18 to 35 years of age
Of Kenyan nationality
Applicants may submit applications across the following thematic areas:
Who can apply?
Principal founders of women-lead teams from the general public, all schools, colleges and universities in Kenya.
Must be Kenyan centric i.e. be aligned with the needs of Kenyans and aimed at mitigating these challenges
Must be innovation driven, leveraging on technology and new business models across thematic areas i.e. Agribusiness, Education, IT/mobile solutions, Digital Banking, E-Commerce, E-Health and Fintech
Must be women focused – entrants must be led by a woman with majority stake in the company
Business model must have clear focus on sustainability and alignment to the sustainable development goals.
3 months to less than 2 years of operations
Seeking support for proof of concept, customer, product and business model development
Pre-revenue with early traction (users). Post revenue is an added advantage.
Not received investment of more than KES. 500,000 and not participated in a similar program in the last 2 years.
What do Participants Get?
Three months incubation at Strathmore University’s leading tech incubator
Mentorship from world class mentors
Coaching by top business, technology and legal professionals
Immersive, world-class entrepreneurship curriculum
Networking and exposure to expand your business networks
Membership to the Kenya Women in Technology fellowship program and alumni network upon successful completion
What do Winners Get?
10 teams will compete to secure seed funding and 9 months ongoing support from Standard Chartered and @iBizAfrica to assist with go-to market and scale. 5 top teams will walk away with up to USD 10,000 or KES. 1 million seed grant funding to launch and grow their businesses!
Intellectual property and equity stake
The applicants retain their IP
We do not take equity for seed funding granted through this program.