Standard Chartered Bank will fund five Kenyan women-led technology businesses to the tune of KSh 1 million each to support their future growth.
The startups Soul Food, Taste Afrique, BenaCare, Nature’s Touch and Arbes Biotech, were chosen from a group of 380 companies in the Women in Tech Program Competition by Standard Chartered Bank in collaboration with Strathmore University‘s business incubator, @iBizAfrica.
The startups are in different industries from virtual restaurant services, provision of nursing services, personal care products and agriculture.
“This event taking place virtually is a great milestone to show the importance of technology and how businesses are using technology to drive their businesses forward. During this pandemic businesses that have adapted to taking up technology are thriving showing that technology is fundamental,” Standard Chartered Bank CEO Kariuki Ngari said during the award ceremony.