KNCCI holds Business Summit in Eldoret to equip youths with entrepreneurial skills

Organised by the Kenya National Chamber of Commerce and Industry (KNCCI) the Jiinue Growth Program offers participants an opportunity to showcase their products in exhibition booths at Rupa Mall.

The summit which was officially opened by Uasin Gishu governor His Excellency Jonathan Bii brings key stakeholders among them business trailblazers, investors, industry leaders and policymakers.

“Today, you have received great training from the Jiinue Growth Program. It is very rare for you to find someone to train you and to give you money. Eldoret is the home of champions and we want business champions in business as well. As Uasin Gishu County Government we are committed to supporting the young people through innovation hubs, agribusiness and incubation centres which will also serve as centres of excellence,” Governor Bii said.

KNCCI Uasin Gishu Chapter organised a series of trainings in partnership with the Mastercard Foundation which aims to bridge the funding gap for micro, small and medium-sized enterprises (MSMEs) in Kenya.

At least 200 participants received training under the JGP Program which combines financial support with technical assistance and a coordinated approach among various players in the entrepreneurial ecosystem.

In the Summit, JGP Project Manager Esther Kimani encouraged the youthful entrepreneurs to proactively take part in the five-year program to access affordable working capital up to Ksh. 14 million and technical assistance.

JGP’s collaborative effort demonstrates a new approach to addressing challenges facing MSMEs in Kenya by utilizing non-traditional channels to drive sustainable growth businesses owned and managed by young women and men entrepreneurs aged 18-35 across the country.

Officials from various KNCCI chapters graced the Summit, which offers a new approach to addressing challenges facing MSMEs in Kenya by utilizing non-traditional channels to drive sustainable growth businesses owned and managed by young women and men entrepreneurs aged 18-35 across the country.

This initiative aims to foster a culture of entrepreneurship and innovation while contributing to economic development.

Eldoret is expected to undergo a significant transformation following its elevation to city status as a regional business hub.