Kenya Industrial Estates pledges support for enterprises
By Standard Reporter | October 15th 2021
The Kenya Industrial Estates (KIE) has reiterated its commitment to increasing credit access to small and medium enterprises (SMEs).
Acting board Chairman Bob Karina said the parastatal is keen on scaling up funding, incubation and business advisory services to small businesses to enable them to play a bigger role in job creation.
“SMEs face challenges such as access to financing, management deficiencies and lack of markets and industrial workplaces, but through integrated service and holistic approach...KIE provides unique solutions of credit finance, industrial workspace and robust business advisory services that ensure enterprises thrive,” said Mr Karina (pictured, right) during a tour of projects funded and incubated by KIE in the Mount Kenya region.
The State firm provides affordable medium to long-term finance to SMEs for machinery, equipment and working capital.
How to get promoted at work
By Tony Mutugi
- Auditor General flags KenGen’s Sh95b outlay on stalled projects
- Kenya’s widening ICT skills gap worries experts
SCI & TECH
- Procurement law change could fuel graft, say suppliers
- Co-op Bank to lift SMEs with Sh6b funding
- The ABC of the Laikipia infrastructure bond