Status
ClosedAid type
Project-type interventionsKenya
Location
-
€ 542,600
Committed
Committed
€ 515,430
Used
Used
Description
The project will establish a business incubator in Nairobi to support the start up or the scaling up of local SMEs (20 for each year of implementation).SMEs will be selected according to their potential
social and environmental impact and to their relevance to "Kenya Vision 2030" and Italian development cooperation priorities.
Women and youth entrepreneurship will be encouraged; each year, two enterprises from the Kibera slum will be selected. Furthermore, a philanthropic investment fund will finance the enterprises after the incubation period. The project will be considered a pilot initiative in the field of partnership between academia, the private sector and public institutions (triple helix) to promote entrepreneurship and job creation in Kenya with a possible broader scope to Eastern Africa and Sub- Saharan Africa. Therefore, a preliminary feasibility study and a constant M&E activity will be conducted by an independent research centre.
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social and environmental impact and to their relevance to "Kenya Vision 2030" and Italian development cooperation priorities.
Women and youth entrepreneurship will be encouraged; each year, two enterprises from the Kibera slum will be selected. Furthermore, a philanthropic investment fund will finance the enterprises after the incubation period. The project will be considered a pilot initiative in the field of partnership between academia, the private sector and public institutions (triple helix) to promote entrepreneurship and job creation in Kenya with a possible broader scope to Eastern Africa and Sub- Saharan Africa. Therefore, a preliminary feasibility study and a constant M&E activity will be conducted by an independent research centre.
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Year | Committed | Used |
---|---|---|
2021 | € 0 | € 230,673 |
2020 | € 0 | € 167,218 |
2019 | € 0 | € 117,539 |
2017 | € 542,600 | € 0 |
Agency
Type | Name | Channel code |
---|---|---|
Government | AICS - Italian Agency for Cooperation and Development | 11000 |
Channel reported
Type | Name | Channel code |
---|---|---|
Other Public Sector | UNIVERSITÀ CATTOLICA DEL SACRO CUORE MILANO | 11004 |
Project data
Sectors
Policy markers
SDGs
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