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WHY THE YOUTH?
Unemployment is the biggest socioeconomic challenge in present Kenya. According to statistics from Kenya National Bureau of Statistics (KNBS), unemployment rate stood at 40% in 2012, up from 12.6% in 2006.7 out of 10 of the unemployed are aged between 18 and 35, an age bracket representing the youth.
Bizhub Africa therefore seeks to be part of Problem Solving by providing young entrepreneurs with an opportunity to actualize their business ideas. We In particular seek to remove barriers affecting youth enterprises, such barriers include lack of access to capital, lack of skills in business, lack of mentorship and the many requirements and high cost of business start-up.
With our early stage investments, we look to partner with standout entrepreneurs building innovative businesses. This includes passionate founders who have little more than a few presentation slides as well as those who already have a business that has a great growth opportunity.
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We do not partner with each and every entrepreneur. Our focus is on ambitious, innovative and committed entrepreneurs with scalable business concepts with a view to create quality employment opportunities for young people in Africa,we have specific interest in entrepreneurs whose business ideas have the ability to employ at least 5 young people in Africa.
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