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Ministry of Industrialisation launches a business acceleration program to support local start-ups
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The Ministry of Industrialization, Trade and Enterprise Development (MoITED) has launched Startup Savanna, a business acceleration program. The program is aimed at linking Kenyan startups to global angel investor and business support resource networks.
Speaking during the launch, Hon. Betty Maina, Cabinet Secretary, MoITED expressed confidence in the program, saying that it creates a reliable government-bank pipeline for local startups and SMEs.
“Through Startup Savanna, Kenyan startups will gain access and linkage to international events and conferences to market their innovations as well as compete globally for partnerships with global industries and business experts for mentorship programs and training. The startups will also secure opportunities to be part of global incubator and accelerator programs for extensive business support and investment prospecting during invest