TechInAfrica – An initiative between Standard Chartered and @iBizAfrica Center, Strathmore University, Women in Tech program will provide the room for women-owned SMEs specialized in technology to pitch for ideas.
The top five finalists will be rewarded with Kenyan Shillings 100 000 in seed funding and nine months of continuous support and mentorship from the program.
The incubation program, which lasts for 12 weeks, will provide participants training from experts and guided from finding ideas to marketing.
This year’s them is ‘Accelerating the Digital Economy through Women-Owned Businesses’.
- The business must be based in Kenya as the business must align with the needs of Kenyans or those operating in Kenya.
- Companies must have a hold on emerging technologies such as the Internet of Things (IoT), artificial intelligence (AI), robotics, augmented and virtual reality, 3D and 4D printing, cloud computing, big data, blockchain, drone technology, and biometrics.
- The company must be founded or co-founded by a Kenyan woman over the age of 18 years, with an equal or majority stake.
- Business models must show a clear focus on sustainability which align with the Sustainable Development Goals (SDGs)
- Three months to less than two years of operating
- Seeking proof of concept, customer, product, and business model support.
- Must have evidence of pre-revenue
- Post revenue is beneficial if the business created a new business model.