StanChart in Sh23m search for women tech start-ups

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Co-founder of Ndovu Women in Tech Alumni Radhika Bachu and Head, Consumer, private and Business Banking Standard Chartered Bank Kenya and East Africa Edith Chumba on March 28, 2023, at Standard Chartered Bank head office, Nairobi, during the launch of the 6th cohort of the Standard Chartered Women in Tech Program. PHOTO | WILFRED NYANGARESI | NMG

Standard Chartered Bank Kenya has opened a search for this year’s cohort of women-led technology businesses, setting aside $175,000 (Sh23.1 million) for the contest that will see seven winners get $10,000 (Sh1.3 million) each as seed funding.

Through the Women in Tech Incubator programme, a partnership between the lender and Strathmore University will see a total of 15 businesses benefit from mentorship and entrepreneurial training out of which seven will bag the seed funding.

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