The cosmetology start-up ecosystem in Nakuru County has received a major boost with the establishment of a Business Incubation and Innovation Centre, to help nurture entrepreneurial ideas among the youth in the area.
The initiative is a joint partnership between Rift Valley Institute of Business Studies (RVIBS), Emprotek Incubation Program, Dimeways and Step to Step Program.
The Rift Valley Institute of Business Studies Director John Kimemia, said they were working towards shifting focus on preparing their students to take-up roles in entrepreneurship rather than job seeking in an environment where youths were finding it hard to secure jobs.
The Director explained that RVIBS, was seeking public-private partnerships with financial institutions, donor and government agencies, industrialists and other stakeholders to enable budding cosmetology entrepreneurs access seed capital to kick-start their projects, as a way of addressing the current 40 per cent unemployment level in the Country.