Brief on Comparative Study
According to the comparative study on Asia and Europe on start-up led Organizations as a vehicle of development, Africa’s start-up ecosystem is still in its infancy.The Global Ecosystem Startup Report for 2021 assigns a value of USD 6.6billion to African start-up ecosystems. 90% of this value is in five cities across four countries. Foreign investors dominate the ecosystems, and there are limited scale-up activities reported.
The Konza case study
The Israel Embassy and KoTDA jointly hosted the KONZAInnovation Challenge. The InnovationChallenge sought to provide an opportunity for innovators in Kenya and Israel to solve the long-term needs of the smart city. This saw participation from 99 startup.For Startups From Kenya.(Personal Watchguard, Ekraal Hub, and H-Pass) emerged winners and secured an opportunity to pilot their innovations at the KONZA Technopolis.
Laikipia Government case study
Laikipia Case study study was researched by Kenyatta University and compiled by Maitri. Capital as part of a report on the Understanding the Startup Ecosystem in Kenya,together with Kenyatta University and other partners, funded by UK Aid. Somo Academy offers training and business coaching to help entrepreneurs optimize business strategies
Somo Africa Case study
Somo is the root of a Swahili word meaning “lesson”. Somo is a business accelerator that identifies enterprising social entrepreneurs in low-income communities across East Africa and empowers them to change their communities from within. Somo has been funded by foundations, private institutions, and Government partners (Polish Aid, UK Government, Kenya catalysts Job Fund).