Wednesday, June 17, 2026
  • About
  • Advertise
  • Careers
  • Contact
NewsTrendsKE
  • Business
    • Deals
  • OpEds
  • Sustainability
  • Women in Business
  • Lifestyle
  • Featured
  • Technology
    • Phones
  • Sports
  • World
  • Contact Us
No Result
View All Result
NewsTrendsKE
No Result
View All Result

Home » Sustainability » World Bank-Kenya Partnership Avails Sh321.3 Billion to Mentor SMEs

World Bank-Kenya Partnership Avails Sh321.3 Billion to Mentor SMEs

Queen Amber by Queen Amber
2 years ago
in Sustainability
Reading Time: 2 mins read
A A
Cecilia Mwangi - Innovation Ecosystem Manager, Philip Maitha - KIEP Project Coordinator, Grace Aluora from Sote Hub, a Track 1 Incubator under the KIEP-SKIES project and David Cheboryot - KIEP-SKIES Team Lead. /Handout

Cecilia Mwangi - Innovation Ecosystem Manager, Philip Maitha - KIEP Project Coordinator, Grace Aluora from Sote Hub, a Track 1 Incubator under the KIEP-SKIES project and David Cheboryot - KIEP-SKIES Team Lead. /Handout

Share on FacebookShare on TwitterShare on WhatsApp

The Kenya Industry and Entrepreneurship Program (KIEP) has unveiled 13 ecosystem intermediaries selected from 364 applicants. These intermediaries will be trained and funded to enhance their capabilities in supporting small and medium-sized enterprises (SMEs).

The initiative, called SKIES Track 1&2 Ecosystem Intermediaries, is part of the KIEP subcomponent, Strengthening Kenya’s Innovation Ecosystem (SKIES). It includes nine incubators and accelerators, and four tech bootcamp providers, chosen for their significant impact on helping SMEs across Kenya adopt innovation and increase productivity.

Also Read

I&M Bank Head Office Kenya

I&M Bank and Google Put AI in the Hands of Kenya’s Entrepreneurs Through Hustle Academy

25 May 2026
Kenya Bets Big on the Creative Economy as IFC and Zaria Group Unveil Major Sports and Entertainment Infrastructure Partnership

Kenya Bets Big on the Creative Economy as IFC and Zaria Group Unveil Major Sports and Entertainment Infrastructure Partnership

15 May 2026
Load More

During the event, Dr. Juma Mukhwana, Principal Secretary for the State Department for Industry, stated, “The launch of the SKIES Track 1&2 Ecosystem Intermediaries is a crucial step in our efforts to support innovation and productivity in the Kenyan private sector. By empowering these dynamic incubators, accelerators, and tech boot camp providers, we are nurturing the next generation of Kenyan entrepreneurs and unlocking the country’s economic potential, particularly increasing tech skills uptake among women.”

The selected intermediaries are:

  1. Swahilipot Hub Foundation
  2. Eldo Hub Innovations and Technologies Limited
  3. Nakuru Box Innovation Centre
  4. Sote Hub
  5. PTRE Incubation Centre – Moi University
  6. Mount Kenya University Innovation and Incubation Centre
  7. Kilimanjaro Blind Trust Africa – Africa’s first Assistive Technology Accelerator
  8. Somo East Africa Limited
  9. Ongoza Institute
  10. Startup Lions Assets Kenya Limited
  11. FabLab Winam Foundation
  12. Rift Valley Institute of Business Studies
  13. LakeHub Academy

These 13 intermediaries, acting as enablers in the Bottom-up Economic Transformation Agenda, focus on sectors such as manufacturing, agriculture, health, affordable housing, and the digital and creative economy. They will receive performance-based grants totalling KES 321.3 million to implement Performance Improvement Plans (PIPs), incubation, and acceleration. The nine incubators and accelerators will support 390 startups/scaleups, while the four tech boot camps will train 320 students in entrepreneurship and tech-related areas.

The project aims to spur 350 new innovations, create 736 new jobs, and achieve a 10 percent increase in revenue among the supported startups/scaleups.

SKIES will build the capacity of these ecosystem intermediaries, helping them develop sustainable business models, expand their reach, and improve the quality of services they provide to startups/scaleups. This initiative is part of the Kenya Industry and Entrepreneurship Program (KIEP), funded by the World Bank and implemented with the support of the management firm Spineberg-E4Impact Joint Venture.

Tags: SMEsWorld Bank
Previous Post

Xbox Game Camp returns to Africa for the second year running

Next Post

Nilichoma producers share about convincing Maurice Odumbe, JB Masanduku to join the show

Related Posts

I&M Bank Head Office Kenya
Technology

I&M Bank and Google Put AI in the Hands of Kenya’s Entrepreneurs Through Hustle Academy

25 May 2026
Kenya Bets Big on the Creative Economy as IFC and Zaria Group Unveil Major Sports and Entertainment Infrastructure Partnership
Investments

Kenya Bets Big on the Creative Economy as IFC and Zaria Group Unveil Major Sports and Entertainment Infrastructure Partnership

15 May 2026
IFC Managing Director Makhtar Diop
Health

AIM2030: Nairobi Launch Sets Stage for Africa’s Pharmaceutical Manufacturing Boom

13 May 2026
KCB Bank
Business

KCB Foundation, Partners Unveil ‘Tujenge Pamoja’ Initiative for SMEs

13 May 2026
wedding photographer in Nairobi — Dan Mbugua Photography

Dan Mbugua Photography: A Nairobi Wedding Photographer for Couples Who Want Luxury Quality, Affordable Packages, and Dependable Coverage

17 June 2026
NewsTrendsKE with APO News Updates

Canon Demonstrates Print’s ‘Power to Move’ with On-Stand Experience and Latest Large Format Technologies at Federation of European Screen Printers Associations (FESPA) Global Print Expo 2026

25 May 2026
UN Women Country Representative to Kenya, Ms. Antonia N'gabala Sodonon (Second Right) signing the seven UN Women's Empowerment Principles (WEPs). Looking on is Regional Chief Executive, East Africa, Standard Bank, Dr. Joshua Oigara (Second Left), Acting Chief Executive, Stanbic Bank Kenya & South Sudan (Far Left) and Participant Engagement Manager, Global Compact Network Kenya, Mary Waweru (Far Right)

Stanbic Kenya Drives Sustainable Growth with KES133 Billion Trade Financing and Green Investments

17 June 2026
NewsTrendsKE with APO News Updates

United Nations (UN) Women and the Government of Japan launch new initiative to strengthen gender-responsive disaster preparedness in Tanzania

17 June 2026
NewsTrendsKE with APO News Updates

How Angola Made Local Content a Strategic Pillar of its Oil & Gas Sector

11 June 2026
NewsTrendsKE with APO News Updates

Yanar Mohammed was assassinated 100 days ago; no one has been charged

10 June 2026
NewsTrendsKE

NewsTrendsKE

A News Blog For Readers Who Want More

Follow us on social media:

  • About
  • Advertise
  • Careers
  • Contact

©2026 NewsTrendsKE.

No Result
View All Result
  • Business
    • Deals
  • OpEds
  • Sustainability
  • Women in Business
  • Lifestyle
  • Featured
  • Technology
    • Phones
  • Sports
  • World
  • Contact Us

©2026 NewsTrendsKE.

Go to mobile version