Showing posts with label funding. Show all posts
Showing posts with label funding. Show all posts

Thursday, May 23, 2013

Baker Stove: A Cook Stove that will change the Developing World



Majority of women in the developing world prepare food and purify water on a traditional technology called a three-stone fire. It is basically three rocks that support a pot with an open fire in the middle. This cooking style has been proven to be inefficient and leads to many environmental and health problems.

That is why Top Third Ventures Ltd, a company registered in Kenya has come up with Baker Stove, a solution to replace the three-stone fire. The 100% locally manufactured stove is thermal efficient allowing women to cook with only a third of the wood they used to use and in much less time.

Monday, May 13, 2013

88mph Opens Applications in Nairobi


08.05.2013, Nairobi, Kenya 88mph, an early stage startup fund and 3 month accelerator program has opened applications for Nairobi. The program assists start-ups by giving them investment of up to a 100k, access to business networks and the know how to quickly grow their businesses. 88mph’s strategy in Africa is to fund strong teams and web-mobile ideas that have the ability to scale across English speaking Africa.

“There’s an immense opportunity to build mobile/web start-ups in Nairobi right now. African Mobile/web is hands down one of the fastest growing markets in the world and we want to reach out to entrepreneurs who build products and services for hundreds of million mobile/web users that are rapidly popping up on the continent,” says 88mph Program Director Nikolai Barnwell.

Barnwell continues,“Unfortunately, the natural course of a startup is to die before succeeding. But we provide the funding and the infrastructure to boost the odds of survival and we now want to look for the next batch of future successful entrepreneurs.”
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