Did you know that there are organisations that help new and start-up companies to develop by offering business assistance services such as management training and office space? Business incubators are enterprises set up to provide equipment, mentoring services and sometimes capital to businesses that are starting up.They are majorly set up by universities,non profit making organizations and venture capitalists.The most renown in Kenya are;
- Chandaria Incubation and Innovation Center.
It was launched on 2011 to support innovations from students.Chandaria accommodates seventy percent Kenyatta University students,and thirty percent of students from other universities.It aims at fully supporting one twenty start-ups per year
- Kenya Industrial Research and Development Institute.
It was brought to life in 2006. Concentrating on Technology,KIRDI supports entrepreneurs and startups technology based enterprises in the development, assimilation absorption and utilization of technology to achieve remarkable success.
With its location in Kenya’s mega city: Nairobi, iHub, a tech operational platform for techies and aims at bringing together novice entrepreneurs, mobile software programmers, researchers, and tech designs to mould them into the world’s tech savvy.
For IT startups who want to start and scale their business in Kenya, Nailab is the place.Launched in 2011, it provides entrepreneurs with critical information capital and other vital resources.
- EPZ Business Incubator.
This was established for SME exporters, desiring to a accelerate their operational growth to Large exporters. Among the targeted sectors are Horticulture; Fresh products, Textiles,Commercial crafts; Jewellery and gift items.
By Inzillia Sasi