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Business Incubator and Energy Innovation in Kenya

Kenya

Status

Finalisation

Aid type

Project-type interventions

Kenya


Location

-

€ 656,000
Committed
€ 656,000
Used

Description

The project will support the consolidation of E4Impact Accelerator which was established with the support of AICS two years ago. In addition, it will increase the range of activities and improve the physical facilities of the center. The business center will have a dual function of accelerator and incubator in Nairobi and will support the start-up and upgrading of local SMEs (30 accelerated and 10 incubated companies for each year of the program). read more close
Year Committed Used
2024 € 0 € 237,794
2021 € 656,000 € 418,206

Agency

Type Name Channel code
Government AICS - Italian Agency for Cooperation and Development 11000

Channel reported

Type Name Channel code
Government AICS - Italian Agency for Cooperation and Development 11001

Project data

  • IATI IdentifierXM-DAC-6-4-012232-01-1
  • AID012232/01/1
  • CRS Activity identifier2021000110
  • Planned start 2020/12/20
  • Planned End 2023/12/31
  • Actual start 2021/08/02
  • Actual end -
  • Bi/Multilateral Bilateral
  • Status Finalisation
  • Tied status Untied

Sectors

  • 16020 - Employment creation 20.0%
  • 23210 - Energy generation, renewable sources - multiple technologies 20.0%
  • 25010 - Business policy and administration 20.0%
  • 25040 - Responsible business conduct 20.0%
  • 32130 - Small and medium-sized enterprises (SME) development 20.0%

Policy markers

  • Gender Equality significant objective
  • Disaster Risk Reduction(DRR) not targeted
  • Disability not targeted
  • Nutrition not targeted
  • Aid to Environment significant objective
  • Participatory Development/Good Governance not targeted
  • Trade Development principal objective
  • Aid Targeting the Objectives of the Convention on Biological Diversity not targeted
  • Aid Targeting the Objectives of the Framework Convention on Climate Change - Mitigation not targeted
  • Aid Targeting the Objectives of the Framework Convention on Climate Change - Adaptation not targeted
  • Aid Targeting the Objectives of the Convention to Combat Desertification not targeted
  • Reproductive, Maternal, Newborn and Child Health (RMNCH) not targeted

SDGs

  • 1.4 - By 2030, ensure that all men and women, in particular the poor and the vulnerable, have equal rights to economic resources, as well as access to basic services, ownership and control over land and other forms of property, inheritance, natural resources, appropriate new technology and financial services, including microfinance
  • 8.3 - Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services
  • 9.3 - Increase the access of small-scale industrial and other enterprises, in particular in developing countries, to financial services, including affordable credit, and their integration into value chains and markets
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