The accelerator accepts applications from innovative enterprises that are aligned with Kenya’s Big Four agenda and Italian excellence in Agri-food, Fashion and design, Leather, Machinery and equipment
Kenyan entrepreneurs stand a chance of building their business through an accelerator programme managed in Kenya with cooperation with Italian business. The E4Impact Accelerator which works with Kenyan businesses, so as to support their growth, increase their revenues, guide them toward profitability and Give them partnership access to Italian businesses.
The E4Impact programme funded by the Italian Agency for Development Co-operation aims to boost the number of entrepreneurs in Kenya through exchanging ideas with their Italian counterparts.
Candidates for the Accelerator could be formal or informal, registered or to be registered in Kenya.
They will be expected to possess an innovative product/service, show post-revenue (scale-up) with existing customer base, have a team of co-founders in place with complementary skills and a clear social or environmental impact.
The accelerator accepts applications from innovative enterprises that are aligned with Kenya’s Big Four agenda and Italian excellence in Agri-food, Fashion and design, Leather, Machinery and equipment, Construction and affordable housing, Healthcare, Green businesses and renewable energy and ICT Innovations that could benefit from satellite technologies.
The Accelerator builds upon the existing partnership between the E4Impact Foundation, Tangaza University College and the Università Cattolica del Sacro Cuore (UCSC) of Milan (Italy), who together have already trained over 300 Kenyan entrepreneurs.
The selected entrepreneurs/innovators will be involved in mentoring and coaching sessions delivered by Openet in the field of the Space Economy. They will also be directly involved in the “Space Week” that will be held in Nairobi.
Once selected, the Kenyan entrepreneurs will have access to milestone based seed grants between KSh. 500,000 to 1.5 M. They will also have a direct connection and mentor-ship with Italian & European Businesses. (www.littlegermanytucson.com)
Due to the training with Openet Technologies, the selected entrepreneur will have access to satellite technologies like GNSS, Earth Observation products and precision farming. Equally, the budding entrepreneurs will have access to office space for 12 months, 1 year customized training program, access to professional services like legal, accounting and marketing as well as relationships with potential investors and financial institutions.