Standard Chartered Kenya & @iBizAfrica Strathmore University awards $67,820 to 7 Women-led Start-ups

7 Startups led by women serving in the sustainability sector have been awarded with $67,820 by Standard Chartered Kenya alongside @iBizAfrica – Strathmore University. These startups are a part of Women in Tech Incubation Programme’s 7th cohort.

There has been a witnessing increase in innovation as well as investment with the surge of importance for Environmental, Social, and Governance (ESG) practices within Africa, aiming at creating solutions that are sustainable in nature and benefits the society along with the planet.

Standard Chartered Women in Tech Incubator Programme has emphasized entrepreneurship in 2024 that are driven by ESG with an urge for women-led start-ups for adopting business models with sustainability.

Strathmore University Vice-Chancellor Dr Vincent Ogutu said, “Through the partnership between @iBizAfrica Strathmore University and Standard Chartered, the Standard Chartered WomenInTech (WiT) programme has graduated 64 women-led businesses over the past seven years. 32 have received seed money of $10,000 each. Investing in women is like activating a lever that drives exponential growth, impact, and sustainability.”

Standard Chartered, Kenya and Africa’s  Managing Director and Chief Executive Officer Kariuki Ngari added, “We are immensely proud to witness the graduation of the seventh cohort of our Women in Tech programme. Each of these remarkable entrepreneurs exemplifies the spirit of innovation and resilience that Standard Chartered champions. As we celebrate their achievements today, we are reminded of the pivotal role that technology and female leadership play in driving sustainable economic growth. Our commitment remains steadfast in nurturing and expanding this vibrant community of trailblazers, who are not only shaping the tech industry but are also actively crafting a sustainable future for all.”