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The second edition of the Kenya Catalytic Jobs Fund (KCJF) aired on KTN last week. The initiative saw 10 business people pitch to a panel of judges. At the end, at least five of the contestants took home the prize money - £100,000 (Sh14.5 million) each. The Kenya Catalytic Jobs Fund is a UK-funded project implemented through the Department of International Development (DFID).
The project aims to test and support innovations that have the potential to stimulate job creation. The programme takes the form of a challenge fund, with calls for proposals to select and support the best innovations, through a mix of grants and tailored technical assistance. It is a £5 million (Sh709 million), four-year programme that aims to test and support innovations that have the potential to stimulate job creation?. This means that it will be running again next year as well.
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