Kepsa to mobilise funds for young entrepreneurs

Kenya Private Sector Alliance (Kepsa) will mobilise funds for young entrepreneurs, aimed at providing start-ups with the base to develop their businesses in line with the recently concluded Global Entrepreneurship Summit (GES).

Kepsa Chairman Dennis Awori said Kenya has many innovators and entrepreneurs waiting to be supported to grow. "By funding these start-ups, we will be actualising the GES provisions into realities. This will enable entrepreneurs be job creators other than being just beneficiaries," he said at a post GES press conference, after meeting Industrialisation Cabinet Secretary (CS) Adan Mohammed and entrepreneurs.

Awori called for the actualisation of the GES expectations through networking platforms that entrepreneurs have already acquired from the summit. "Now that networks have already been established, a collective responsibility is needed form all sectors to actualise these businesses."

The CS assured the private sector that the Government is committed to working with small micro-enterprises to open them into larger market platforms. Already a private sector, Enterprise Kenya has already received Sh1 billion grant from the government to support start-ups.