In my experience working with entrepreneurs, financing is rarely the issue although it always manifests as the issue. Especially for ICT products, what more do you need other than a decent machine and users? Financing is good for scaling up not starting up........anyone who needs finance to start up may not be really serious about going into business On Mon, Feb 13, 2012 at 12:09 PM, Antony Mwai <antonymwai@gmail.com> wrote:
For the genuine Innovators, financing their ideas into reality is a major hindrance.
On Mon, Feb 13, 2012 at 11:17 AM, Maingi Njoroge <njoroge.maingi@gmail.com
wrote:
Ladies & Gentlemen,
The Other i was listening to the CEO of Equity Bank Dr. Mwangi and he Mentioned that the bank is in the process of setting up an innovation centre for funding ideas at yaya and back it up with a Kes 1B.
This will really be a major step forward for young entrepreneurs with bankable ideas.
This just made me think is Finance really the major hindrance to spurring innovation in Kenya and Africa generally as someone put are we all too much in to this culture that sees work as a curse to really innovate.
Maingi
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Regards,
A. Mwai
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