Enablis, NetHope, shortlist 82 in technology ideas competition

BUSINESS

|
Image: By BiztechAfrica
Enablis, NetHope, shortlist 82 in technology ideas competition

By Semaj Itosno, Nairobi, Kenya

Eighty-two technology ideas have qualified for the second round in the ongoing IT business ideas competition being run by Enablis East Africa and NetHope.

The finalists have been picked from 139 who participated in the Growing IT competition launched in mid June.

The 82 will now be trained in presentation skills after which they will pitch their business ideas to a panel of judges who will select the best 50 IT enthusiasts who will be supported to start and grow their businesses.

“The competition is aimed at identifying IT enthusiast to be nurtured into successful entrepreneurs. The competition attracted youthful budding entrepreneurs aged between 18 and 35,” said Fredrick Kariuki, the chief executive of Enablis East Africa.

NetHope, a nonprofit consortium of international NGOs, will provide learning skills and resources, while Enablis will provide coaching, mentoring and networking.

“We look forward to seeing how these tech savvy youth will work with Enablis’ wide network of entrepreneurs to not only develop IT businesses for themselves, but also to share insight into how other entrepreneurs can become even more effective through the use of ICTs,” said NetHope Academy Africa Programme Manager Lisa Obradovich.

The one-year project – running in three countries, Kenya, Rwanda and Ghana – is targeting IT techies from universities, technical institutions, and technological incubation centres among other areas. The project will support a total of 100 ideas in the three countries.

The selected techies will be trained on how to draw up a fundable business plan, how to start and run their businesses effectively and will also have access to platforms aimed at creating marketing linkages and funding for their businesses.

Kariuki said ideas came from different segments in the IT Industry and included innovative solutions geared at improving the education, housing, communication and agriculture. Of the applications received 15 per cent were of existing businesses, with the rest being ideas in the concept stage.

Few women

He said less than 10% of the entrants in the Growing IT competition were women, reflecting the need to encourage more women to join the IT space.

“The IT industry presents the fastest growing segment of SMEs and the industry is also labour driven,” Kariuki said. “Needless to say, the giants in the industry are almost all youthful anywhere in the world, which is a huge motivating factor to the youth we seek to nurture and grow. The government is also at the forefront of creating the necessary physical and non-physical infrastructure on which the industry would thrive.”

The NetHope Academy designs, develops and implements ICT capacity building programs in the Africa, Latin America and Asia. “Our goal is to strengthen information and communication technology (ICT) skills through training, online learning and access to professionals within the technology community,” said Obradovich.



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE BUSINESS NEWS

Stock Exchange launches news service

A news service by the name of X-News has become the latest product coming from the local bourse, the Botswana Stock Exchange (BSE) recently. Read More

Telkom forays into Botswana through acquisition

South African telecommunications giant Telkom is making inroads into the Botswana market through the acquisition of an ICT company, Business Connexion (BCX).  Read More

Umati Capital secures $10m finance line from ApexPeak

Kenyan financial tech startup Umati Capital has agreed a deal with ApexPeak securing its first line of wholesale capital.  Read More

Kirusa acquires Ghana’s Saya Mobile

Voice messaging and social media apps firm Kirusa has acquired Ghana-based Saya Mobile, which provides instant messaging apps geared specifically for African consumers.  Read More

SAP to invest up to $500m in African innovation and growth

Pfungwa Serima SAP has announced a long-term commitment to regional expansion, sustainable growth and skills development of up to 10,000 IT consultants in Africa. Read More

Microsoft, UNDP partner to support Ethiopian entrepreneurs

First Lady Roman Tesfaye (front) visiting women undergoing entrepreneurship training Microsoft has signed a collaborative agreement with the United Nations Development Programme (UNDP), under which Microsoft will provide training and mentorship services to 200,000 Ethiopian entrepreneurs. Read More

Location based services market to reach $43.3bn by 2019

A new report from Juniper Research forecasts that the Mobile Context and Location Services market will reach $43.3bn in revenue by 2019. Read More

Garmin calls on buyers in Southern Africa

The Africa team for Garmin Sub-Saharan Africa will be hosting meetings in Lusaka, Zambia to meet with buyers, potential resellers and business partners this month. Read More

Nomanini secures further $450k for expansion

Nomanini client StreetCred, Zamiba South African electronic prepaid service distribution platform Nomanini has received US$450,000 in funding from the IDC to expand outside of Africa. Read More

Africa offers US ‘compelling trade and investment opportunity’

Africa offers US multinationals a compelling trade and investment opportunity thanks to the rapid economic growth rates across the continent, says Standard Bank.   Read More

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionSage HR AfricaMTN BusinessSchneider ElectricMultichoice

FEATURED STORY

Nigeria’s VAS providers ‘on brink of extinction’Nigeria’s VAS providers ‘on brink of extinction’

WASPAN chief Simon Aderinlola says unless the regulator intervenes, WASPAN may not have anything left to regulate. Kokumo Goodie reports.

IN DEPTH

Kenya rolls out e-extension to improve agricultureKenya rolls out e-extension to improve agriculture

In a bid to curb the overwhelmed number of agricultural extension officers in Kenya, the ministry of agriculture is embracing technology with their introduction of E-Extension services, which are aimed at reaching out to over 7 million farmers annually.

COMPANY NEWS

Schneider Electric trains 50,000 in energy management

Schneider Electric has trained more than 50,000 people in energy management as part of its BipBop energy access programme.