Strathmore University has partnered with Standard Chartered Bank Kenya to launch the fourth cohort of the 2020 Women In Tech programme.
5 of the top emergent women-led businesses will qualify for the Ksh 5 million prize to bolster and revamp their business models. Strathmore University recently partnered with to unveil the fourth cohort of the program. Each winner will get Ksh 1 million and go through a 12-week mentorship and training program through the bank’s employee volunteering program.
The 2020 program settled on the theme of “Accelerating the Digital Economy through Women-Owned Businesses” where there is an impetus to invest in female-owned entrepreneurial programs increasing their mandate by bridging finance and industry gaps for early-stage ventures.
According to statements released during the announcement and reported by The Star, Peter Gitau, the Chief Operating Officer at Standard Chartered said, “As a bank, we are committed to supporting small business through provision of finance, especially during this pandemic, and most importantly with the necessary business management skills through our Financial Literacy programs.”
Joseph Sevilla, the director at @iBizAfrica- Strathmore University, expressed how over the past 3 years “a large number of women-led businesses apply for the Women in tech program” where they received support in form of training, coaching, and mentorship.