The Hub brought in two key partners to source, select, screen and present five ICT ventures to investors at the recently concluded Kenya International Investment Conference (KIICO) 2015. 1.) Nest Africa, a Hong-Kong based early stage technology VC with operations in Nairobi, and 2.) InvHestia, a Kenya-based financial advisory firm.
Startups practice pitching their ventures to potential investors.
InvHestia's team was instrumental in sourcing for ventures and identifying those that presented the most promising investments. Nest Africa coached the venture representatives on how to pitch to investors and answer potential questions. Nest also profiled the five selected ventures on investable.vc, their online platform where they curate selected ventures from around the world to qualified investors. In addition to the pitching session on the first day of the conference, the team arranged for one-on-one meetings with potential investors.
The Hub's investment component works to promote private sector investment in four key sectors: agribusiness, financial services, cotton, textiles and apparel and ICT.
Left: InvHestia's Stephen Gugu makes a comment during a session. Right: Nest's Managing Partner for Africa, Aaron Fu, and the Hub's Wilfred Mworia during a session on investing in early stage tech in Africa.