More than 8,000 young entrepreneurs from Kisumu, Siaya and Homa Bay counties have received Sh220 million in Nyota Business Start-Up Capital Grants.
The event was presided over by President William Ruto at Jomo Kenyatta Stadium in Kisumu county.
The 8,820 beneficiaries are from 105 wards across the three counties; Siaya (30), Kisumu (35) and Homa Bay (40).
The money was disbursed after the successful completion of a mandatory four-day business skills training programme.
The training equipped the youth with practical knowledge to establish, manage and grow sustainable enterprises.
Under the first phase of the Nyota Start-Up Capital disbursement, each beneficiary will receive Sh25,000 with Sh22,000 credited directly to the Pochi la Biashara account.
This money will support immediate business operations, while Sh3,000 is deposited into a Haba na Haba Savings Account managed by NSSF.
In the second phase, beneficiaries will receive an additional Sh25,000, bringing the total start-up capital support to Sh50,000 per entrepreneur.
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