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{
    "id": 1507300,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1507300/?format=api",
    "text_counter": 55,
    "type": "speech",
    "speaker_name": "Nominated, ODM",
    "speaker_title": "Hon. Irene Mayaka",
    "speaker": null,
    "content": " Thank you, Hon. Speaker. I take this opportunity to reply to the Start-up Bill, (Senate Bill No.14 of 2022). On behalf of myself and my co-sponsor, the Hon. Senator Crystal Asige, I would like to, first of all, thank Hon. Mary Kitany who, on behalf of the Departmental Trade Committee, Industry and Co-operatives, was the Seconder to this Motion. I would also like to thank the Leader of the Majority Party and Whip of the Minority Party, together with the Members who supported this Bill. For the purposes of the Members who were not present, this Bill is set to ensure that we have a set structure for registration and support of the start-ups in this country, especially the ones by the young people. One of the things that is going to be very beneficial is that it is going to support the incubation and also give fiscal and non-fiscal incentives to the start-ups of this country. When you speak about start-ups, we are not just talking about technology-based ones. We also mean start-ups that are entrepreneurial in nature, those that are scientific, and even those that are in the fashion business. We acknowledge the fact that more than 70 per cent of our country is made up of the young people. We want to encourage the young people to own their own businesses, become CEOs, and start supporting people not only within the national Government, but even at the county level. Some of the benefits that will emanate from this particular Bill are: Tax incentives, tax holidays, exemption from registration fees, proper framework and protection of copyrights. Protection of copyrights is one area that a big number of people who are in the innovation space have really complained about. So, the Start-up Bill is going to enable Kenyans to have protection of copyrights, and promotion of national awareness of the start-ups. As I conclude, I just want to urge the Members to support this Bill as it goes into Third Reading. I know the Departmental Committee on Trade, Industry and Co-operatives has already intimated that it is going to bring a couple of amendments to it. I encourage every Member to have a look at the Bill so that, by the time it comes for the Third Reading, we will have a comprehensive Bill that will help the people of Kenya. I submit. Thank you."
}