Murang’a County has launched a groundbreaking initiative aimed at empowering local entrepreneurs. By providing startup capital, the county seeks to stimulate economic growth and foster innovation among its residents, particularly focusing on youth, women, and people with disabilities.
Program Details
Eligibility The program specifically targets youth, women, and people with disabilities, offering them the opportunity to access essential startup funds. This inclusivity ensures that marginalized groups have a fair chance to participate in economic development.
Funding Successful applicants receive startup capital ranging from Ksh. 50,000 to Ksh. 200,000, based on their business proposals. This financial support is crucial for budding entrepreneurs to launch and sustain their ventures.
Training In addition to financial support, beneficiaries undergo comprehensive business training. This training is designed to enhance their entrepreneurial skills, ensuring the sustainability and growth of their businesses.
Impact
This initiative is poised to create jobs, reduce poverty, and inspire a new generation of business leaders in Murang’a County. By prioritizing marginalized groups, the program promotes inclusivity and equal opportunities, setting a positive example for other countries.
Conclusion
Murang’a County’s investment in its local entrepreneurs is a commendable step towards economic empowerment and community development. As these new businesses grow, they will contribute to the overall prosperity and innovation within the region, setting a precedent for other countries to follow.