The Ministry of Information Communications Technology (ICT), Innovation and Youth Affairs, and the World Bank have awarded four organisations that emerged winners of the Future Bora Grant Competition with Ksh.120 million.
The award is intended to infuse capital to organizations are creating income-generating opportunities for the most vulnerable and under-served Kenyan youth.
Speaking at the award ceremony, the Permanent Secretary, Ministry of ICT, Charles Sunkuli said the Ministry’s goal is to empower the vulnerable and under- served youths and create job opportunities for them.
“These highly susceptible categories of youths – the ICT Ministry, through the Future Bora Initiative, will ensure sustainable generation of income and boosting of their living standards,” said Sunkuli.
The Future Bora initiative is one of the projects under the Kenya Youth Employment and Opportunities Project (KYEOP) funded by the World Bank through a Ksh.15 billion credit aimed at empowering more than 280,000 youths between the ages of 18 and 35 years.
Afya Research Africa, Hydroponics Africa Limited, Life In, Abundance-Kenya and TakaTaka Solutions Limited, are the four organizations that were crowned winners of the Future Bora Grant competition.
The four organizations, with transformational solutions for creating economic empowerment opportunities for the most vulnerable Kenyan youths were selected from a pool of over 300 applications that were received from across the country.
Each of the winning organizations is set to receive a grant funding of up to Ksh.30 million for implementing these solutions, disbursed in tranches based on goals achieved.