Deadline: Rolling basis
The Centum Foundation was established by Centum Investment Company to mobilize and scale the Group’s existing corporate social initiatives (CSI). CF also develops highly impactful programs that enhance communities in Kenya and the wider African continent.
Entrepreneurship is precious to Centum and deeply engrained in the Group’s culture, therefore, our flagship initiative focuses its efforts on enabling entrepreneurs.
Funds up to $150kper team
We will leverage our unique position as a leader in the Kenyan (and East African) economy to provide the SMMEs with access to markets, knowledge and mentorship opportunities that will differentiate them.
Once selected from a pool of applicants, promising SMMEs are invited to an 8 week training and assessment where they develop an investment proposal with the help of a mentor from the Centum Group. This process that culminates in a presentation before a panel of judges, who award funds to promising SMMEs as needed. The funds will then be disbursed according to the terms agreed by the Investment Committee.
The businesses that are funded are monitored as they grow to determine the impact of the investments on these young businesses and the economy as a whole.
The Foundation is looking for young, innovative businesses that solve major problems in our economy in a disruptive way. If this sounds like your company, please apply.
Begin application process here
Visit webpage here