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Kenya is by all accounts getting a considerable measure of consideration from financial speculators and seed financial specialists as another incubator has quite recently opened in the country. It is called Villgro Kenya. It is a healthcare incubator opened by India-based Villgro Innovation Foundation in association with USAID’s Partnering to Accelerate Entrepreneurship (PACE) activity.
The Kenyan Villgro will give funding and guide new companies in the healthcare division, also, to mentoring these organisation.
Aditi Seshadri, head of communications at Villgro Innovations Foundation, said: “After initial research, we saw the need in the health sector and in the incubation of health startups, with the potential to have the maximum impact.
“Replicating many of Villgro’s learnings and knowledge over a period of time, Villgro Kenya will run a longer incubation programme offering companies close mentoring support and other services to help their businesses scale.”
Seshadri added: “Villgro sees plenty of potential for more South-South collaboration, particularly in Kenya, which is similar to India in that it has social problems but a stable political climate and an entrepreneurial culture.” He concluded.
So far, Villgro has supported and mentored about 119 entrepreneurs and has created more than 4,000 jobs since inception in 2001.
