NAIROBI, Kenya, Mar 20 – Ride-hailing platform Bolt has introduced an Accelerator Programme to support drivers, couriers, or their immediate family members.
Under this, the startup has set aside about Sh2.92 million (€20,000) in seed funds to support business plans developed by its drivers and couriers with a focus on sustainability.
The Estonian-based company adds that beneficiaries will be invited to pitch business ideas linked to Bolt’s vision of creating sustainable African cities.
The program will be run in close partnership with The Nest Innovation Park, whose network of mentors will support eligible participants in developing their business plans.
As part of the program, 120 shortlisted participants will undergo training designed to promote business development skills and support future career development.
The top 20 participants will then receive additional training with seasoned entrepreneurs and in-person mentoring sessions.
Finally, after the Business Pitch Day is held in June, the top 10 business ideas will be selected and awarded seed funding of €2,000 (over Sh290,000) each, along with additional mentoring.
“We hope this program will take it a step further and help make a real difference to local communities,” Caroline Wanjihia, Bolt’s Regional Director of Rides for Africa, said.
“We are excited to support the concepts of our drivers and couriers and extend this program to their family members to make an even bigger impact,” Wanjihia added.
“The Accelerator program has been an exceptional success in Nigeria, and we are thrilled to extend its impact to Kenya today.”
The Bolt Accelerator Program was first introduced in Nigeria in September 2023. It launches simultaneously in Kenya and Ghana.
