The recently concluded Standard Chartered Women in Tech Bootcamp saw over forty start-ups participate in the training, need assessment preparation and pitching for semi-finals and finals shortlisting. The program is a partnership between Standard Chartered Bank and iBizAfrica and is geared towards obtaining the 10 best ideas that will be part of an incubation program, 12 weeks of immersive learning, access to a network of coaching expert, access to networking opportunities and personalised mentorship to address unique business needs.
The start-up scene in Kenya is booming with the highest amount of funding raised in 2020 in comparison to Nigeria and South Africa. Cumulatively, the start-up scene in Africa raised over Million 350$ in the first quarter of 2020 alone. More women and more women led start-ups are gaining traction in the tech industry, with several funding opportunities for female founded or co-founded startups. I would be curious to learn what African women led start-ups have raised cumulatively in 2020. If you have that information, please send it my way.
E-Safiri, a female founded startup is developing charging infrastructure for electric -mobility in Kenya made it to the finals of the event are now part of the program with the potential of winning the 10,000$ after the final pitch. The start-up was also the winner of the 2020 Better Cities Challenge
Mentorship is an important part of scaling a startup to gain sufficient market traction and validation. Programs like the UK-KE Tech Hub, though does not provide funding, provides mentorship and guidance to start-ups still in the ideation concept stage. This kind of support could lead to pitching skills, a network of other start-ups and venture capitalists that could eventually lead to funding.
So, if you are a woman who has identified a solution to a problem in your area of influence, get to work, the world needs you!
For more information on this program please visit: https://womenintech.co.ke