Nairobi-based startup incubator Nailab has unveiled its fourth cohort since inception in 2010 and the second under a partnership with the Kenya ICT Authority, from which it expects to have incubated 30 startups by 2016.
Stock market simulation game Jam Town Avenue, educational mobile app UBAO, online investment agency Link Us and e-commerce fashion portal Nuportons are the four startups chosen in the cohort.
“The cohort will be in the programme for the next six months, where they will see their solutions evolve into applicable solutions that can be adopted into the Kenyan market and across its borders,” said Josephine Mwangi, communications and marketing liaison at Nailab.
“This batch features 4 ladies which is a great encouragement to us to see more ladies engaging in tech businesses.”
HumanIPO reported in January last year on the US$1.6 million partnership between the Kenya ICT Board – now known as the Kenya ICT Authority – and Nailab, as part of efforts to support small businesses and build the country’s economy.