Habitat for Humanity’s Terwilliger Center for Innovation in Shelter, BDO EA and Pangea have launched the ShelterTech 2018 program in Kenya which will provide support to working in the area of energy, water, and general housing construction technology.
The programme will work with 30 startups, helping them to grow their businesses, connect with mentors and advisors, and gain exposure to investors.
SheltetTech aims to facilitate housing markets in meeting the needs of the low-income households. It will focus on startups disrupting the housing industry with alternative building technologies that value resource conservation, improved access to low-income housing, or improve the quality and living conditions of people in underserved areas.
It will identify, nurture and accelerate Kenyan start-ups and growth-stage companies that create shelter products and services for the low-income household market.
The ShelterTech Accelerator Kenya brings together entrepreneurs, government, corporations and development partners in mapping out and showcasing innovation in improving access to shelter.
With over 94 applications from across Kenya, the program launch will provide a six-month acceleration program to the selected startups, giving them access to expertise, networks and the chance to win investment of up to US$50,000 into their business.
The ShelterTech Accelerator Kenya, is implemented by BDO East Africa in partnership with Pangea Accelerator, a Norwegian platform connecting African startups with international investment and expertise, and Strathmore University’s @iBizAfrica.
“The ShelterTech Accelerator Kenya will contribute to the government of Kenya’s affordable housing pillar that aims to have at least 500,000 affordable homes in all major cities while ensuring 350,000 people get jobs in the housing sector by 2022,” says Jane Otima, Habitat for Humanity’s Associate Director for Market Systems and Entrepreneurship.
This is ShelterTech’s African debut, following successful implementation previously in Mexico and currently in India. The program which is also supported by the IKEA Foundation and the Hilti Foundation, runs from November 2018 to May 2019.