The 1,000 Young Entrepreneurs Start-Up Fund: Kenya Stage 1

About

Aiducation International runs a Kenya Stage 1 competition offering up to USD 1,000 in financial support, mentorship and network access to help residents of Kenya under 30 develop early-stage business ideas.

Benefits

• 💵Up to USD 1,000 in funding
  Selected participants can receive financial support of up to USD 1,000.
• 🧑‍🏫 Mentorship
  Selected participants receive mentorship from seasoned professionals.
• 🌐Network access
  Selected participants gain access to the programme’s exclusive network.

Eligibility Criteria

• Applicants must be residents of Kenya.
• Applicants must not work for any affiliates of the programme’s partners or Aiducation International.
• Applicants must be able to speak English fluently.
• Applicants must be younger than 30 years old at the time of application.
• Preference is given to applicants who have taken part in an entrepreneurship course, workshop, programme or online course.
• Individuals and teams may apply.
• Applicants should present a well-defined business idea, even if it is in the early stages, including the problem they aim to solve and the potential market opportunity.
• The business idea should bring something new or innovative to the market through a product, service or unique business model.
• Applicants should have a basic understanding of their target audience and market potential.
• Applicants should be open to feedback, willing to adapt their ideas and eager to develop entrepreneurial skills.

Participation Commitments

• Submit a photo of a valid identification card or passport.
• Submit a certificate of any entrepreneurship programme, workshop or course attended, which the official page lists as a preferred application document.
• Submit a maximum two-minute video summarizing your story to start the business and explaining your passion, vision and business.
• Submit a business plan of no more than two pages, using your own format or the programme’s provided template.
• Ensure all required documents are included, as incomplete applications will not be accepted.

Target Sector

Sector agnostic, Agriculture & Food, Defense & Security, Education, Energy & Utilities, Financial Services, Government & Public Sector, Healthcare & Life Sciences, Manufacturing, Media & Entertainment, Real Estate & Construction, Retail & Consumer, Semiconductors & Electronics, Sports & Fitness, Telecommunications, Transportation & Logistics, Travel & Hospitality, Other

Target Location

Applicants must be residents of Kenya.