FEATURED STORY

Women entrepreneurs tipped on how to raise capital

Share
Share

Sinapis, a business accelerator programme which provides early stage entrepreneurs with advanced business training, in conjunction with Fikiri Impact held an all women’s workshop titled ‘Raising Capital as a Female Entrepreneur’ at Mettā Nairobi (Nairobi, Kenya) Fikiri Impact focuses on unlocking the potential of people in a digital, fast and changing world through education.

The workshop aimed to arm women with knowledge on the things they need to get their businesses ready for financing, challenges faced by women in business and the financial resources available for business growth. Panelists included seasoned entrepreneurs and investors namely: Wandia Gichuru – Managing Director, Vivo Activewear, Rosanne Whalley – Senior Portfolio Manager, AHL Venture Partners, Kanini Mutooni – Board Member, Global Innovation Fund, Ruth Mwanzia – CEO, Koola Waters and Courtney Mills – Co – Founder, Sinapis.

“Though Kenya is the leading economic engine in East Africa, it’s facing tremendous challenges in developing a pipeline of entrepreneurs with statistics indicating that majority of Kenyan start-ups fail within five years due to lack of mentorship from established entrepreneurs. At Sinapis, we empower aspiring entrepreneurs with innovative and scalable business ideas by providing them with a rigorous, world-class consulting and mentoring services and access to seed capital,” said Courtney Mills.

READ: Busia kids paralysed by injenctions awarded Sh38 million

Panelists shared the personal challenges they faced in their careers and businesses. They provided the audience great encouragement. “Start with the little resources that you have. Be persistent on your goal and keep pushing for it without losing focus,” said Ruth Mwanzia. “Invest in your brand and be passionate about it,” added Kanini Mutooni.

Over 170 women attended the workshop and took part in networking, interacting with the panelists and hearing about investor readiness from the Sinapis Kenya Country Manager, Silvya Kananu. Silvya also urged the women to enroll for the Sinapis Academy program that starts in January. People interested in applying can do so here.

Sinapis holds workshops bi-monthly and plans to hold its next workshop in January 2018

 

Written by
BT Correspondent -

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Follow Us

Related Articles
The Origins of Commercial Banking in Kenya
ECONOMYFEATURED STORY

The Origins of Commercial Banking in Kenya

Kenya is rich in type, number and sophistication of financial institutions. The...

What to Know about President Ruto’s Planned Nationwide Livestock Vaccination Programme
FEATURED STORYNEWS

What to Know about President Ruto’s Planned Nationwide Livestock Vaccination Programme

The nationwide livestock vaccination programme “against diseases,” planned for January next year,...

2024 SkyTeam Aviation Challenge
FEATURED STORY

Kenya Airways Shortlisted for 2024 SkyTeam Aviation Challenge

Kenya Airways (KQ) is the only African airline that has been shortlisted...

Affordable Housing Project
FEATURED STORY

Govt Puts Up For Sale 4,888 Affordable Housing Units: Here’s The Full List And How To Buy

The government has put up for sale 4,888 affordable housing units across...