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{
"id": 1506865,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1506865/?format=api",
"text_counter": 369,
"type": "speech",
"speaker_name": "Seme, ODM",
"speaker_title": "Hon. (Dr) James Nyikal",
"speaker": null,
"content": "to encourage innovation in the way of business. That is exactly what this Bill does. You need to encourage people, create structures for them and support registration for them and all the legal systems they require. Therefore, this Bill provides a lot of that. I am happy because it provides for the establishment of an incubation programme. It creates the framework which calls upon the national Government and county governments to get those incubation programmes. Once government institutions and programmes are put in place, quite often, people follow up and things are done. Our youths need this. Those programmes will also give networks. Our people need a lot of international and local networks. There are young people who have many and noble ideas, but they are unable to implement them, unless they are supported with networks that can help them get what they want. Young people have ideas, but they lack the systems and even the material support to research further. They have innovative ideas, but they do not know how to research and apply them. This Bill does that by establishing the programme. The Bill seeks to create the agency that will guide the development of standards and guidelines, which will enable interaction internationally and nationally, and even in competition. Even if they have innovative, bankable and practical ideas, without support, they may not compete internationally. I know a young man who had something that he wanted to show up and was invited abroad to go and demonstrate there, but he did not go. I looked around to see whether he could get support. If those programmes are put in place, they will support such people. This Bill also creates a database. If we can have a database which will accept any start- up idea that you have, however crude it is, it can be registered. That means you can help them pick who needs business support, and then you can support them on how to develop ownership structures and seek investment. You need a database so that you can look at all that. That database will help in coordinating the efforts of various Government and non-government entities that will help people who are at the start-up and innovative levels. They will also need legal support. People know what they want to do. They may have some resources to do it, but lack the skill to navigate the requirements of registration, processes, licences and so on. That is something that if you have a registration system, you can follow up and help. In Clause 9, the Bill sets up the criteria for qualifying as a start-up, which I do not think should be strict. When people have ideas, they should be encouraged more than insisting on them to do certain things. Those are areas we can look up. It also brings a certification process. Once you have done something that can be applied, funded or get into place, then you need some form of certification. It then gives you status. And once you have status, you can get support from all over the places. They would also need support on human resource management. People can have ideas and start-ups, but fail in areas such as human resource support or auditing of their businesses. I, therefore, think that this is a noble idea. In clause 27, the Bill talks of incentives. However, as the Member who spoke before me said, they might be limited. Intellectual property rights are very important. If people have technologically innovative ideas, and we do not support them to get intellectual protection, then it will be lost. Sometimes, even the idea itself does not have to be turned into a business, but people can have enough royalties to earn a living, and do other businesses. I, therefore, think that fiscal and financial support is the biggest incentive. When young people come, they always say that they have certain ideas but do not have capital. In fact, it is to the extent that very many of them believe that you need to get capital first before you even think of what to do. I always tell them to think of what to do first, and then look for capital. When a Bill like this one transits into an Act of Parliament, those young men will know where to run to. Even when they develop, start and grow, the biggest thing that make companies"
}