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{
    "id": 1089304,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1089304/?format=api",
    "text_counter": 204,
    "type": "speech",
    "speaker_name": "Sen. Halake",
    "speaker_title": "",
    "speaker": {
        "id": 13184,
        "legal_name": "Abshiro Soka Halake",
        "slug": "abshiro-soka-halake"
    },
    "content": "We have a lot of advantages and strength in this sector. We have a population that is very young that has access to mobile technology and other technical expertise. We are now converting this technology into solutions that are going to make sure our economy will provide jobs and reduce poverty. I am impressed with this Bill. Madam Temporary Speaker, when we look at the problems that exist in the start- up sector, such as access to finance, intellectual capacity or property challenges of high costs and bureaucracies and uncertainties around that, there are problems such as access to markets and high taxation regimes and registration. This Bill takes care of almost all of them if well implemented. It takes care of the framework within which start-ups are going to find finances. It provides for frameworks that will link our start-ups to international global networks that are going to provide the much needed finances, incubation, investors, promoters and strategic partners that are going to provide growth for our start-ups. This Bill has the objective to foster a culture of innovative thinking and entrepreneurship and for the linkages and start-ups ticks all the boxes with regard to the challenges that are faced by our start-ups. Madam Temporary Speaker, in just the last couple of years, we have had our start-ups such as Cellulant, CarePay and M-Kopa leading the way in the energy, telecommunication and finance sectors. In fact, globally and even in the continent regionally, whenever Kenyan start-ups go into any discussions or bid for any financing or any technological expansion or scale up, Kenyan investors always come top."
}