The 1% Club has played an important role in Nailab’s success, Bart Lacroix and Anna Chojnacka (both founders of the 1% Club) were part of the joint venture that created the present incubation hub. Nailab Director, Sam Gichuru has continued to build on this relationship and another joint initiative has been born of this effort. This comes in the form of a Startup Crowd funding Boot camp taking place at the Nailab space. The 2 day event ends on 27th March and it will provide entrepreneurs with a platform to learn how to showcase and pitch their ideas.
Different groups are expected to demo their ideas to a jury made up of industry players from funding, investment, channels, markets, technology and development levels. An award ceremony will be hosted on the 27th of March 2014 where the winning start-up will receive a cash prize of Kshs.300,000 to help kick start their business and grow their ventures.