NGO: Ongoza Institute

$102 raised of $25,000

0.408% Complete (success)

0%

 alexeid@ongozayouth.org  Nairobi, Kenya

Growing Youth-Led Enterprises in Kenya

Ongoza aims to scale high-potential, youth-led small and growing businesses as a means of tackling the youth unemployment challenge in Kenya and promoting a more prosperous and stable society. Over the course of a year, our accelerator provides a holistic blend of 1-on-1 tailored business consulting from in-house Business Development Advisors (BDAs), business fundamentals training, community, and access to capital. After a competitive selection process, entrepreneurs undertake a five-stage process:

  1. Business diagnostic (revised quarterly) to understand gaps and opportunities in the business.
  2. Prioritized growth plans (revised quarterly) to lay out a path towards growth and Ongoza’s project-based support to get there.
  3. Individualized business advisory (eight hours/month) carrying out the projects laid out in the growth plans and addressing emerging needs.
  4. Cohort Workshops (monthly) on portfolio entrepreneurs’ crosscutting needs.
  5. Access to Debt Financing (after three months) through a pilot loan fund.

The $25,000 will support 10 entrepreneurs to access these services over the course of a year and grow (42% average monthly revenue increase).


Education

Human Services

Health

Emergency Relief

Employment and Economic Growth

Women and children

Water and sanitation

Wildlife Conservation

Sports and Recreation

Agriculture Development