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Impact Africa Network Secures Funding to Support Innovation Fellowship Programme


Sept. 25, 2020, 2 p.m.

Impact Africa Network has secured funding to support budding entrepreneurs in its 12 -month Innovation Programme.

The undisclosed amount would provide entrepreneurs with to enhance their knowledge in business and also for them to gain practical experience.

The CEO of Impact Africa Network, Mark Karake stated that ‘‘When we launched Impact Africa Network, I did not doubt that impact-oriented tech leaders in Silicon Valley and beyond would hesitate to support the work we are doing. They are uniquely positioned to understand how critical support is to the development of young innovators early in their careers. Most of them benefited from support when they are coming through the ranks.’’

Craig Newmark, Founder of Craig and Craig Newmark Philantropisies explained that his organization chose the IAN in a bid to stimulate Silicon Valley-style entrepreneurialism in the best sense.

‘‘It’s important because it creates employment and opens doors for the advancement in careers and wealth creation,’’ he added.

With donations received by Stewart Butterfield, CEO of Slack, the premier team collaboration platform, Aaron Levie, CEO of the leading enterprise cloud company Box, and Craig Newmark, founder of Craigslist have joined the organization’s 100 Founders’ Challenge.

Impact Africa Network

Established in 2019, the Impact Africa Network has provided Innovation Fellowship opportunities to African entrepreneurs.

Impact Africa Network is a non-profit startup studio in Nairobi on a mission to ensure young talented Africans can access the digital transformation of Africa as creators and owners.

In an official press statement, IAN explains its main objective.

“The goal is to expand entrepreneurial capacity while at the same time develop fundamentally sound early-stage startups. ”

The fellowship aims to expose selected participants to a high-performance work environment that assists in developing their business acumen and execution skills. Throughout the fellowship, the selected participants are exposed to multiple innovative projects that have the opportunity to develop into high-growth startups.

Participants have gone on to create a number of innovative startups such as Jenga School, a STEM edtech startup that aims to make Africa the “engine room” of STEM talent globally.

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tag: Youth Employment, Felloowship Programmes, Youth Development,


Emelia Kuleke Author