The Standard Chartered Women in Technology Incubator Program in Kenya is a significant initiative aimed at supporting women-led tech startups. This program, in partnership with Strathmore University’s @iBizAfrica incubator, offers a comprehensive package of benefits and support to help these startups grow and succeed. Here’s a detailed overview of the program’s benefits and eligibility criteria:
Aim and Benefits
- Immersive Learning Experience: Participants receive 12 weeks of intensive training and mentorship.
- Networking Opportunities: Access to a network of coaching experts and B2B networking events.
- Mentorship: Personalized mentorship sessions tailored to the unique needs of each startup.
- Alumni Network: Opportunity to join a supportive Women in Tech Alumni Network.
- Seed Funding: The top 7 finalists receive $10,000 in equity-free grant seed funding.
- Ongoing Support: 6 months of ongoing support from Standard Chartered and @iBizAfrica to assist with go-to-market strategies and scaling.
Eligibility Criteria
- Founder’s Profile: The principal founder must be a woman, above 18 years of age, and of Kenyan nationality or permanent residency.
- Startup Requirements: The startups must be Kenyan registered companies focusing on technological solutions to address Kenyan socio-economic challenges. They should incorporate emerging technologies like AI, IoT, Big Data, etc.
- Team Composition: The startup ventures should be led by women, with teams comprising at least 50% women.
- Operational Stage: Startups should have been in operation for 3 months to less than 2 years, seeking support for proof of concept, customer, product, and business model development.
- Financial Status: They should be pre-revenue with early traction (users), though post-revenue is an advantage. Startups should not have received investment of more than KES. 500,000 and should not have participated in a similar program in the last 1 year.
How to Apply
- Applications for the Standard Chartered Women in Technology Incubator Program are typically open for a specific period. Interested applicants should visit the official webpage of the program for the application form and detailed instructions on how to apply.
This program is a fantastic opportunity for women-led tech startups in Kenya to gain the necessary support, mentorship, and funding to scale their businesses and make a significant impact in their communities and beyond.
Application Deadline
Not Specified
How to Apply
For more details,visit Standard Chartered website
