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{
    "id": 1089360,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1089360/?format=api",
    "text_counter": 260,
    "type": "speech",
    "speaker_name": "Sen. (Dr.) Milgo",
    "speaker_title": "",
    "speaker": {
        "id": 13174,
        "legal_name": "Milgo Alice Chepkorir",
        "slug": "milgo-alice-chepkorir"
    },
    "content": "about start-ups, it is very much similar to investments. We realized that without an enabling environment, start-up programmes will not thrive. Madam Temporary Speaker, the national and county government will provide information to the youths and awareness on what is happening. That is at Clause 4 all the way which is speaking to encouraging the youth through information, awareness and provision of an enabling environment. If you go to Part III, it is speaking to issues of registration of start-ups. For a long time, we have had many start-ups that begin and then they die because nobody knows where they are. With the provision of an office to register them, this will enable them to be engaged and capacity build and mentor them so that they came bring forward ideas for the start-ups. Madam Temporary Speaker, the registrar will go a long way to maintain a database. This database will identify what start-up is in whichever place. Maybe for my county there could be start-ups in terms of agriculture. In Nairobi, for example, there may be start-ups in the form of industries. Other areas may have different start-up programmes. When we have a center for registration, we shall motivate the youths through registration and identifying their financial needs. Therefore, direct them to financial institutions. I want to speak to the major part that is Part IV, which has interested me much. We have been lacking incentives for start-ups in our country. Recently, I listened to a speech by somebody from India. He was speaking to those businesses or street vendors that are very informal. He said these are the businesses that are contributing up to about 30 per cent of the Indian economy. This is because of the fact that there is no bureaucracy. Issues of bureaucracy have affected our youths so much. When they want to get a license, register and get information, it takes them a long time because we do not have one stop shop. That is what I was talking about when it comes to investments. In fact, Sen. Sakaja is merging this Bill with the Investments Promotion Bill. At the same time it is also linked to the Bill that we have just done as the Committee on Education about skills. That is information, educational and training centers. The businesses that are contributing much to the economy of late are like washing cars, mamambogas and jua kali artisans. They churn out a lot of money. Madam Temporary Speaker, those that are washing cars, for example, somebody just identifies a corner and begins washing cars or selling vegetables or starting a jua kali business . Normally, those businesses thrive because they do not need much and do not have to follow a lot of bureaucracy. Part of the incentives that is very encouraging is the issue of tax relief. If issues of tax relief are looked into, this will go a long way in spurring many start-ups. I was looking at this when I was reviewing the Investments Promotion Bill. I realized that we have lost many investors to other countries because we do not have the right incentives when it comes to tax relief. Madam Temporary Speaker, there are issues of exclusion of up to 30 per cent from tax particularly of copyrights and designs. This is a welcome move. At the same"
}