This archive report was first published on 16 July 2020.
AgriBiz Supports Women and Youth-Led Enterprises in Kenya ¶
At least 200 start-ups and early-stage agribusiness enterprises have been selected for support by the AgriBiz program, funded by the European Union (EU) in Kenya.
The program aims to create 17,000 jobs, particularly for youth and women, and increase smallholder production, improve food security, and boost household incomes.
The selected enterprises will benefit from training, business advisory, and financing to promote sustainable use of natural resources and encourage appropriate agribusiness practices.
The technical advice will be provided to all selected agribusinesses through business incubation hubs set up in eight counties, including Kilifi, Machakos, Kiambu, Meru, Isiolo, Kisii, Bungoma, and Uasin Gishu.
According to H.E. Simon Mordue, EU Ambassador to Kenya, "The huge interest in AgriBiz is an indicator that, contrary to popular opinion, women and youth are embracing agribusiness activities."
The EU, in partnership with the Kenya Climate Innovation Center (KCIC), is providing various forms of business support to the selected enterprises.
Over a five-year period, the AgriBiz program will support over 1,600 enterprises to develop bankable business plans, 1,200 enterprises to access financing from financial institutions, and over 1,500 women to access EU-supported community-level micro-financial services.
