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"id": 1506874,
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"type": "speech",
"speaker_name": "Dagoretti North, ODM",
"speaker_title": "Hon. Beatrice Elachi",
"speaker": null,
"content": " Thank you, Hon. Temporary Speaker. First, I want to thank Senator Crystal Asige and Hon. Irene Mayaka. This Bill will actualise what the Rt. Hon. Prime Minister used to say when he was campaigning – that, we can support young people to start businesses. He knew very well that a start-up business needs a legal framework, incubators and incentives from the Government in order to survive. I want to congratulate the two co-sponsors for bringing this Bill to Parliament. If it passes, our young people will get Government funding for start-ups. I hope the passage of this Bill will support the Government in its quest to support young people. The role of the national Government in the Bill is to develop standards and guidelines to regulate the relationship between an incubator and a start-up. This will support young people because they get confused between the two. The Government also gets confused in terms of having a mechanism on how to manage, for example, a young person who has started a business and is trying to grow it and a young person who is starting up a business from the scratch. Those are two different things. So, we should establish an online platform with information for the young people on the existing incubator programmes and start-ups, and the process of registration and admission. That will really help. We have a lot of challenges. I hope one day in this House, we will remove the registration of companies from the Attorney-General’s Office and take it to the Ministry of Trade. That is where all companies are working. Registration confuses many young people. If it is domiciled in the Ministry of Trade, it will be easier for young people to be trained. The Attorney-General’s Office cannot train them on registration of companies. If registration of a company is fixed in its rightful docket, it will be very easy to deal with it."
}