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NETFUND Awards Green Initiatives in Murang’a and Kirinyaga Counties
NETFUND has recognized and awarded five green enterprises selected from its EmPower Project. In the elaborate event recently held in Murang’a University, five most promising agribusiness ventures were competitively selected from 25 ventures that showcased and pitched their green business ventures before a selection panel of judges.
The five enterprises met the identification criteria that included creativity, sustainability and scalability. The initiative is part of NETFUND’s objective of not only acknowledging locally led green initiatives across the country, but also encouraging the adoption and uptake of sustainable business practices for a greener future in Kenya.
In addition to the awards, the winning enterprises will benefit from further business advisory support, incubation and business linkages with potential national and international investors to upscale them. The Empowering Youth and Women Entrepreneurship (EmPower) Project was implemented in Murang’a and Kirinyaga Counties in partnership with Magiro Hydro-Electric Limited, a local renewable energy venture and an alumni of the flagship NETFUND’s Green Innovation Award Programme. The Project funded by the King Baudouin Foundation, sought to enhance the climate change adaptive capacities of vulnerable youth and women green entrepreneurship through financial support and training on business development.
The National Environment Trust Fund (NETFUND), mandated to mobilize resources to enhance sustainable environmental management in the country, has for many years now, been running award schemes for identifying and promoting green business enterprises in the country with a focus on those ventures by youth and women deemed as those at the bottom of the pyramid.
NETFUND