Kenya

Program

Entrepreneurship

Standard Chartered Bank - Women in Tech Incubator Program Movemeback African initiative cover image

Details

The Standard Chartered Women in Technology Incubator Kenya is Africa’s leading incubator programme for female founded businesses, aligning with calls for more diversity in technology, entrepreneurship and for more opportunities for women to develop entrepreneurial and leadership excellence. The program is an initiative of Standard Chartered in partnership with @iBizAfrica Centre, Strathmore University.

The program combines world class startup support with local and international experience to provide a holistic startup incubation program focusing on immersive learning, mentorship & coaching, seed financing and business to business linkages for high potential startups tackling the continent’s most relevant challenges.

Criteria

WITI is seeking to recruit women-led start-up businesses that leverage technology as a key driver of innovation. The business:

  • The business must be based in Kenya i.e. be aligned with the needs of Kenyans and operating in Kenya
  • The company must be a tech-enabled and/or leveraging on emerging technologies, including but not limited to; Internet of Things (IoT); Artificial Intelligence; Robotics; Augmented & Virtual Reality; 3D & 4D Printing; Cloud Computing; Big Data; Blockchain; Drone Technology and Biometrics.
  • The company must be founded or cofounded by a woman with an equal or majority stake.
  • The founder or co founder must be over 18 years old and Kenyan 
  • Business models must have a clear focus on sustainability and alignment to the Sustainable Development Goals (SDGs).
  • 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, with the creation of a new business module.

Benefits

  • 12 weeks of an immersive learning experience
  • Access to a leading network of coaching experts
  • Access to B2B networking opportunities
  • Personalized mentorship sessions to address your unique business needs
  • Opportunity to join a supportive Women in Tech Alumni Network
  • KES 1,000,000 equity-free grant seed funding for the top five finalists
  • 9 months ongoing support from Standard Chartered and @iBizAfrica to assist with the go-to market and scale for the top five finalists.

About Standard Chartered Bank

Standard Chartered Bank is a leading international banking group, with a presence in more than 60 of the world’s most dynamic markets. It's purpose is to drive commerce and prosperity through our unique diversity, and it's heritage and values are expressed in it's brand promise, here for good.

Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges as well as the Bombay and National Stock Exchanges in India.