National Bank of Kenya has launched an initiative called the National Business Forum to support small and medium-sized enterprises in the country.
The bank is collaborating with The Leadership Group and Ashitiva LLP on the forum, which will provide SMEs with training, networking, financing and advisory services.
During the launch Tuesday, NBK Managing Director George Odhiambo said the bank is dedicated to empowering SMEs and fostering entrepreneurship in Kenya. He said the forum is a key step toward achieving that goal and boosting economic growth.
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“The National Business Forum is a significant milestone in our mission to empower Kenyan entrepreneurs,” Odhiambo said. “We understand the unique challenges they face in securing financing and expanding their businesses. Our goal is to offer the support required to overcome these obstacles, enabling them to realize their full potential.”
The forum has adopted a leadership and business acumen development model to equip SMEs with essential resources to become resilient. That includes mentorship, capacity building, leadership and growth training designed to foster sustainable expansion.
“We have worked closely with our partners to co-create the National Business Forum, a dynamic platform tailored for ambitious entrepreneurs,” Odhiambo said. “This forum aligns with NBK’s strategy to create employment opportunities for youth. We are highly optimistic about attracting more partners who share our vision of supporting businesses through capacity building, funding and strategic deal structuring. Together, we can catalyze entrepreneurial success and foster economic growth.”
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Through the partnership, NBK will provide financing and advice, Ashitiva LLP will offer business and legal services, and The Leadership Group will provide training and development for the SMEs. The goal is to address hurdles inhibiting businesses from operating optimally and transitioning to higher levels sustainably.
The National Business Forum will start by collaborating with 100 businesses across sectors including renewable energy, water, education, agribusiness, agriculture, healthcare, technology and women-owned companies.
