Entrepreneur support firm Sinapis has opened applications for its second programme at the iHub in Nairobi, Kenya, which looks to empower startups with business skills and mentorship to help businesses grow.
The Sinapis programme – the first of which ended in February of this year – is an advanced four-month mini-MBA customised for startups and small and medium enterprises (SMEs), run in conjunction with Acton School of Business in Austin, Texas.
It targets business owners and aspiring entrepreneurs with highly innovative and scalable business ideas, with the programme taking place each Saturday over a period of 16 weeks and including training on aspects such as customers, financials, human resources and operations.
Sinapis said the programme is one of East Africa’s “most comprehensive” efforts in entrepreneurship training, with access to capital, mentors, and consultants. According to the company, 92 per cent of participants report they would recommend Sinapis over a traditional MBA, while 96 per cent of them said they learnt something that saved their business from failure.
“In many developing countries, entrepreneurs with big ideas in the startup or early stage phase of their business go through almost similar problems: lack of required business skills to grow an enterprise, inadequate seed capital, and finally the support of a network of industry specific experts and mentors,” Sinapis said.
“Although not limited to these problems, the highlighted ones cut across the board. Sinapis has been trying to solve this problem for the past three years.”
Interested entrepreneurs and startups should apply for the programme here by June 3, after which selected startups will be notified. A programme fee of KES18,500 (US$190) will be charged.