Kenya eyes India-type CSR funding model to power struggling startups

Kenya is exploring ways to tap into corporate Social responsibility (CSR) funds raised by large companies to support startups and innovators, borrowing from models in India.

Tonny Omwansa, Chief Executive at Kenya National Innovation Agency (KeNIA), said the agency has begun drafting a proposal for the government to establish a framework that would channel a small percentage of CSR budgets into a national innovation fund.

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