· Ecila Films which produces films of authentic African stories
· Ufasiri Halisi SLI Innovations Limited which focuses on revolutionizing assistive technology for the deaf and hard of hearing
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. The Viwanda Africa Group, which improves flight safety through a cloud-based AI platform for aircraft maintenance and spare parts planning
· Runnovate which helps business owners save time and reduce the cost of running their businesses by working with a team of virtual assistants.
· Mandevu Beardcare, which is a men’s grooming company offering a beard care product line.
The funding recipients were picked after a rigorous judging process undertaken by accomplished professionals from Dry Associates Limited, Viktoria Ventures, Standard Chartered Bank and @iBizAfrica- Strathmore University who judged the businesses on scalability, technology adoption, entrepreneurial and leadership excellence.
Policía Nacional capturó a 64 delincuentes por delitos de peligrosidad
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Francisco Verdú renuncia como consejero delegado de Bankia tras la imputación – canariasactual com
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Commenting during the announcement, Kariuki Ngari Chief Executive Officer, Standard Chartered Bank, said, “through our Women in Tech incubation program – now in its fourth cohort, we learned that the biggest impediment of most women-led businesses was access to financial products and services.”
“Growing a business from its inception is critical especially for women in enabling poverty alleviation and helping build better livelihoods for their families and the society at large. By making it easier for women to access financial aid, we are giving them opportunities for success,” Kariuki added.
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Most Women-led enterprises are unsuccessful in securing finance as a result of high collateral requirements and failure by lenders to understand their business opportunity. The initiative will provide entrepreneurs access to interest-free and collateral-free loans. Additionally, the bank has lined up training and engagement sessions with the WiTs to drive banking behavi
Standard Chartered launches new program to fund businesses by Women in Tech
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