Empowering Kenya’s Future: Launch of the Women Entrepreneurship Incubator Program (WEIP)
September 26, 2024, the Women Entrepreneurship Incubator Program (WEIP) was officially launched by USAID in partnership with Strathmore University. This initiative aims to empower Women Owned-Small and Growing Businesses (WO-SGBs) across Kenya by providing tailored business development services, mentorship, and access to funding. This program is part of the growing recognition that women entrepreneurs are key drivers of economic growth in Kenya and beyond, yet often face barriers that limit their potential. Addressing Barriers to Women’s Entrepreneurship Women entrepreneurs face numerous challenges, from limited access to finance to restricted business development services. Studies have shown that women-led businesses in Africa are more likely to experience growth constraints due to systemic barriers such as lack of market access, low confidence, and fewer networking opportunities. According to a World Bank report, providing…