The Standard Chartered Women in Technology Incubator Kenya is Africa’s leading women in tech incubator, aligning with calls for more diversity in technology and for more opportunities for women to develop entrepreneurial and leadership excellence.
The Standard Chartered Women in Technology Incubator Cohort 7 Program is an initiative aimed at empowering and supporting women entrepreneurs in the technology sector. Organized by Standard Chartered Bank, a leading international banking group, the program provides a platform for women-led tech startups to accelerate their growth and scale their businesses.
The Women in Technology Incubator Cohort 7 Program offers selected participants access to a comprehensive suite of resources, including mentorship, training, networking opportunities, and financial support. Through a structured incubation process, participants receive guidance and support to develop their business ideas, refine their products or services, and overcome challenges encountered during the startup journey.
One of the key features of the program is its focus on fostering diversity and inclusion in the technology ecosystem. By specifically targeting women entrepreneurs, the program aims to address gender disparities in the tech industry and create more opportunities for women to succeed and thrive as leaders and innovators.
Participants in the Women in Technology Incubator Cohort 7 Program benefit from mentorship and coaching provided by experienced professionals and industry experts. Mentors offer valuable insights, advice, and support tailored to the unique needs and challenges faced by women entrepreneurs, helping them navigate the complexities of building and scaling a tech startup.
Furthermore, the program provides participants with access to networking events, workshops, and seminars where they can connect with peers, investors, potential partners, and customers. These networking opportunities enable participants to expand their professional networks, forge strategic partnerships, and access new markets, ultimately accelerating the growth and success of their businesses.
In addition to mentorship and networking, the Women in Technology Incubator Cohort 7 Program may also provide financial support in the form of grants, equity investments, or access to funding opportunities. This financial assistance enables participants to overcome financial barriers, invest in product development, marketing, and expansion, and achieve their business goals more effectively.
The Standard Chartered Women in Technology Incubator Cohort 7 Program plays a vital role in empowering women entrepreneurs in the technology sector, fostering innovation, and driving economic growth and prosperity. By providing women-led tech startups with the resources, support, and opportunities they need to succeed, the program contributes to building a more diverse, inclusive, and dynamic technology ecosystem.
The program is an initiative of Standard Chartered in partnership with Strathmore University’s @iBizAfrica incubator. It combines world-class startup support with local and international experience to provide Africa’s most competitive and attractive startup incubation program focusing on immersive learning, mentorship, building and growing Africa’s next iconic startups taking on the continent’s most relevant challenges and opportunities with the support of seed capital.
Eligibility Criteria
- The startups must be Kenyan registered companies which are building technological solutions aimed at mitigating Kenyan socio-economic challenges.
- The selected startup ventures may be sector agnostic.
- The startup ventures must embed components of emerging technologies in building their solutions ie. Artificial Intelligence, Internet of Things; Big Data; Machine Learning; Robotics; Augmented & Virtual Reality; 3D & 4D Printing; Cloud Computing; Big Data; Blockchain; Drone Technology and Biometrics e.t.c within their respective sectors.
- The applicants must be Women led startup ventures and the teams should be made up of at least 50% women.
- Principal applicant must be the founder with a majority stake.
- 3 months to less than 2 years of operation seeking support for proof of concept, customer, product and business model development.
- Pre-revenue with early traction (users). Post revenue is an added advantage.
- Not received investment of more than KES. 500,000 and not participated in a similar program in the last 1 year.
- Companies solving for any of the 17 SDGs.
Requirements For The Standard Chartered Women in Technology Incubator Cohort 7 Program
seeking to recruit the best entrepreneurial minds, women-led tech startups as key drivers of innovation in business.
The principle founder must be:
- A woman.
- Above 18 years of age.
- Of Kenyan nationality or permanent residency.
Benefits
- 12 weeks of an immersive learning experience
- Access to a leading network of coaching experts
- Access to B2B networking opportunities
- Personalized mentorship sessions to address your unique business needs
- Opportunity to join a supportive Women in Tech Alumni Network
- $10,000 equity-free grant seed funding for the top 7 finalists
- 6 months ongoing support from Standard Chartered and @iBizAfrica to assist with go-to-market and scale for the top 7 finalists.
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