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The Standard Group Plc is a
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print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
More than 200 Kenyan start-ups have submitted enquiries and applications for the Safaricom Spark Venture Fund, with applications now going into the short-list phase.
TBL Mirror, the fund managers for the US$1 million (Sh97 million) fund launched last year, have started evaluating the start-ups in line with the fund’s objectives and recipients are set to receive between Sh7 million and Sh22 million to invest in their businesses in return for a minority stake in their companies.
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