UK’s Business Innovation Challenge to award millions to Kenyan firms creating jobs

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The government of the United Kingdom announced that it has issued a call for proposals for a Business Innovation Challenge that will see five successful enterprises receive grant funding and technical assistance worth up to 13 million shillings (£100,000) each.

The competition falls under Britain’s new four-year Kenya Catalytic Jobs Fund. It will seek proposals from firms that are developing innovative solutions to create jobs, especially for Kenya’s youth and marginalized groups.

A statement released by the UK government said “the call for proposals targets initiatives that are innovative, scalable, sustainable and which can demonstrate substantial impact”. The challenge is focussed on agriculture and manufacturing, the informal sector, and people in marginalised groups and areas. Shortlisted applicants will present their innovations at a pitch event in front of a panel of expert judges.
The Kenya Catalytic Jobs Fund is a 650 million shillings (£5million) four-year programme which “tests and supports innovations with the potential to stimulate large-scale job creation”.
Prime Minister Theresa May announced the competition during her visit to Kenya in August 2018, as part of a package aimed at supporting Kenya’s youth.

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