SCWomenInTech WomenInTechKe StanChartKe
SCWomenInTech WomenInTechKe StanChartKe

Faqs

Got Querries?

Here are Answers to the Frequently Asked Questions
  • Who is funding the Women In Tech Incubator Program?

    The Women in Tech Incubation Program is proudly sponsored by Standard Chartered.

    About Standard Chartered

    We are a leading international banking group, with around 84,000 employees and a 150-year history in some of the world’s most dynamic markets. We bank the people and companies driving investment, trade and the creation of wealth across Asia, Africa and the Middle East. Our heritage and values are expressed in our brand promise, Here for good. Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges as well as the Bombay and National Stock Exchanges in India.

  • Who is implementing the Women In Tech Incubator Program?

    The program is implemented by @iBizAfrica Centre at Strathmore University.

    About @iBizAfrica

    @iBizAfrica is the business incubation centre at Strathmore University which seeks to nurture the development, growth and success of startups. We attain this through building the potential of the youth to develop ICT solutions and businesses that work for the common good in society.

    @iBizAfrica implements the entrepreneurship theme of @iLabAfrica, the research and innovation centre at Strathmore University.

  • Where can I access the Application Form?

    The application form can be accessed here Here

  • Who are we looking for?

    We are seeking to recruit the best entrepreneurial minds, women-led tech startups as key drivers of innovation in business.
    The principle founder must be:

    1. A woman.
    2. Above 18 years of age.
    3. Of Kenyan nationality or permanent residency.
  • What are the eligibility criteria?
    1. The startups must be Kenyan registered companies which are building technological solutions aimed at mitigating Kenyan socio-economic challenges.
    2. The selected startup ventures may be sector agnostic.
    3. The startup ventures must embed components of emerging technologies in building their solutions ie. Artificial Intelligence, Internet of Things; Big Data; Machine Learning; Robotics; Augmented & Virtual Reality; 3D & 4D Printing; Cloud Computing; Big Data; Blockchain; Drone Technology and Biometrics e.t.c within their respective sectors.
    4. The applicants must be Women led startup ventures and the teams should be made up of at least 50% women.
    5. Principal applicant must be the founder with a majority stake.
    6. 3 months to less than 2 years of operation seeking support for proof of concept, customer, product and business model development.
    7. Pre-revenue with early traction (users). Post revenue is an added advantage.
    8. Not received investment of more than KES. 500,000 and not participated in a similar program in the last 1 year.
    9. Companies solving for any of the 17 SDGs.
  • When is the application deadline?

    The application deadline is 28th May 2023

  • What are the benefits of applying to the Women In Tech incubation programme?

    The program has the following benefits for you:

    1. 12 weeks of an immersive learning experience
    2. Access to a leading network of coaching experts
    3. Access to B2B networking opportunities
    4. Personalized mentorship sessions to address your unique business needs
    5. Opportunity to join a supportive Women in Tech Alumni Network
    6. KES 1,000,000 equity-free grant seed funding for the top 7 finalists
    7. 9 months ongoing support from Standard Chartered and @iBizAfrica to assist with go-to-market and scale for the top 7 finalists.
  • What is the Standard Chartered Women in Technology Incubator Kenya Program?

    The Standard Chartered Women in Technology Incubator Kenya is Africa’s leading women in tech incubator, aligning with calls for more diversity in technology and for more opportunities for women to develop entrepreneurial and leadership excellence. The program is an initiative of Standard Chartered in partnership with Strathmore University’s @iBizAfrica incubator. It combines world-class startup support with local and international experience to provide Africa’s most competitive and attractive startup incubation program focusing on immersive learning, mentorship, building and growing Africa’s next iconic startups taking on the continent’s most relevant challenges and opportunities with the support of seed capital.

  • How long is the incubation period?

    The incubation period is 12 weeks.

  • When does the program begin?

    The program is starting on 8th June 2023.

  • When does the programme end?

    The program is ending on 22nd November 2023

  • What specialized skill will I learn during the programme?

    1.Prototyping and MVP Development
    2.Investor Preparedness and Deal Structuring
    3.Product Design
    4.Customer Discovery and Validation
    5.Business Modelling
    6.Brand Development
    7.Financial Modelling and Management
    8.Sales and Marketing
    9.Intellectual Property, Legal Processes and Structures

  • What coaching sessions are available?

    Coaching sessions are one to one meetings with inhouse coaches designed to address unique company needs. Tailored sessions include;

    ●Pitching and presentation
    ●Prototyping and MVP Development
    ●Product Design
    ●Brand Development
    ●Financial Modeling and Budgeting
    ●Deal Structuring and Negotiation
    ●Sales and Marketing
    ●Designing customer discovery and validation experiments
    ●Business Modeling
    ●Intellectual Property, Legal processes and structures

  • What is the Women in Tech Alumni Network?

    The Women in Tech Alumni Network is a network of companies who have participated in the Women in Tech Incubation Program.