Consider crowd funding for local startups

Startup entrepreneurs need to learn and develop the requisite set of skills that will see them conduct successful crowd funding campaigns. FILE PHOTO | NMG

Startups in Kenya face a serious challenge when raising capital. Numerous independent studies done over time have vindicated this position.

The trouble is doubled if the entrepreneur involved happens to be a young chap, probably a university student or one who has just graduated. These types usually have no major assets to act as collateral for credit from financial institutions.

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Note: The results are not exact but very close to the actual.