The Hub, in collaboration with the Ministry of Industry, Trade and Cooperatives and the C4DLab, trained startup representatives on how to pitch to potential investors, with the goal of successfully attracting investment. Ten pre-selected Kenyan startups/SMES participated in the “start-up pitch session.” Policy makers, academics, financial advisors and investors attended as part of Nairobi Innovation Week. Interested in watching the pitches? You can view them here, and here.
Nairobi’s Innovation Week, hosted by the University of Nairobi, is designed to celebrate local innovations and engage policy makers, academics, and investors on the future of Kenya as an innovation hub. Kenya, through its Vision 2030 economic development blueprint and Science, Technology and Innovation Act, seeks to significantly increase innovation capacity by increasing its national R&D expenditure to 2% of GDP.
The primary objectives of the Innovation Week were:
- To showcase and recognize innovations by researchers, incubatees (University Innovation Hub and other Innovation Hubs), private companies and public agencies.
- To create a platform for presentation of academic papers, innovation illustrations and case studies focused on research and innovation.
- To champion policy discussions on innovation in Kenya.