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{
    "id": 1514655,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1514655/?format=api",
    "text_counter": 356,
    "type": "speech",
    "speaker_name": "Aldai, UDA",
    "speaker_title": "Hon. Marianne Kitany",
    "speaker": null,
    "content": "the development of start-ups, innovation, and other activities related to the transfer of skills, research, development, and innovation processes and has been labelled as such under this Act; “commercialization phase” means the start-up process which includes production, marketing, financing and scaling up; “conception phase” means idea generation, evaluation, requirement analysis, project planning, prototyping, testing, piloting and proof of concept; Cap. 486. “Estate” means the Kenya Industrial Estates established under the Companies Act; “incubation programme” means the provision of systematic support to applicants such as access to training, mentorship, and other support services such as the establishment and transformation of enterprises that may be developed by either public or private institutions and executed by an accelerator or incubator; “investor” means any individual or entity that contributes its resources or technical know-how to the development of start- ups for a reasonable return; “label” means under this Act is a certificate issued by the Agency to a start-up, incubator, or accelerator upon the fulfilment of the labelling requirements under this Act; “labelling” means the assigning of a tiered designation to start- ups, and the classification of incubators and accelerators in accordance with this Act; “start-up” means a registered enterprise legally recognized under the laws of Kenya, which has been in existence for a period of not more than ten years with a strong growth potential, incremental innovation or disruptive business model; “start-up ecosystem players” means any entity that plays a role in— (a) the conceptual phase that includes generation and evaluation of ideas, the process of analysing requirements, planning of projects, prototyping, testing, piloting a proof of concept; and, (b) the commercialization phase that includes production, marketing, financing and scaling up of ideas and proofs of concept; “start-up maturity framework’’ means a model developed by the Agency to assess the technology readiness levels of start- ups, and to assign them tiers for purposes of labelling, financing and graduation” (b) deleting definition of “Cabinet Secretary” and substituting therefor the following new definition “Cabinet Secretary” means the Cabinet secretary for the time being responsible for matters relating to micro, small and medium enterprises development; business innovation and incubation and start-ups (c) deleting the definition of “County Executive Committee Member”; The electronic version of the Official Hansard Report is for informationpurposes only. A certified version of this Report can be obtained from the Hansard Editor."
}