Kenya ICT Board to start a national incubation center in Kenya by mid this year. That was announced by the CEO of ICT Board Mr. Paul Kukubo on the first day of Mobile Web East Africa event currently going on in Nairobi.
According to Kukubo, the center will target 25 brilliant startups, with the incubation period being one year. That means that every year, the center will admit 25 startups.
It is still not clear what kind of strings the Government will attach on their support of the startups. The big question at the moment is whether the Government would want to own some shares on those startups.