× Business BUSINESS MOTORING SHIPPING & LOGISTICS DR PESA FINANCIAL STANDARD Digital News Videos Health & Science Lifestyle Opinion Education Columnists Moi Cabinets Arts & Culture Fact Check Podcasts E-Paper Lifestyle & Entertainment Nairobian Entertainment Eve Woman Travelog TV Stations KTN Home KTN News BTV KTN Farmers TV Radio Stations Radio Maisha Spice FM Vybez Radio Enterprise VAS E-Learning Digger Classified Jobs Games Crosswords Sudoku The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS

Kepsa to mobilise funds for young entrepreneurs

By Graham Kajilwa | August 2nd 2015

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. 

Share this story
Tabitha’s biggest test in brewing fight with taxman
Tabitha Karanja is staring at her biggest test yet in the all-too-familiar tussles with the taxman relating to a small misunderstanding but with huge implications.
Survey: Why 40 pc of workers want to quit their jobs
More than half of 18 to 25 year-olds in the workforce are considering quitting their job. And they are not the only ones.