The government has renewed its efforts in supporting the growth of Kenyan startups, with a focus on linking them to international investors. This is an international business acceleration programme that will link Kenyan startups to global angel investors and business support resource networks, the ministry notes. Startup Savanna which targets early-stage startups, growth stage enterprises and mature ventures poised for international expansion is expected to expose an estimated 1,000 Kenyan startups to global networks. It is further poised to match approximately 175 Kenyan startups to mentors, investors, international accelerators, and corporates. It will also strengthen access to international resources for Kenyan startups and support women entrepreneurs.

Source: The Star June 02, 2021 01:03 UTC