R4B

Our Story

My journey into training and mentorship was inspired by my extensive experience in the financial services sector, specifically in Banking. Over the course of 15 years, I've had the privilege of working in various roles within the Credit department; Credit Analysis, Credit Risk, Credit Administration, both in supervisory and also in Management. Throughout my career, I've observed a significant decline in loan applications for start-ups. Financial institutions often deem start-ups as “High-Risk” ventures due to their owner’s perceived lack of experience or proof of viability. This led to a 100% decline in all loan applications from the founders. Notice, majority of financial institutions Core function is lending and their Credit policies clearly prohibit lending to start-ups. Their Nature of financing, which is mostly Debt financing, considers indicative turnovers as imperative in qualifying a client for funding (Debt) during the Credit underwriting process. In essence, financial institutions do not finance “ideas”.

This observation sparked a deep concern within me. I realized that there was a gap in the market that needed to be addressed, at the earliest. Indeed majority of Small and Medium Enterprises (SMEs) and Micro, Small, and Medium Enterprises (MSMEs) lack the necessary skills and knowledge to effectively manage their businesses and attract potential financiers. This was a problem I felt compelled to solve, and thus, the idea for “Readied for Business start-up incubator” was born.

At Readied for Business, we are more than just a start-up incubator. We are a platform that equips SMEs and MSMEs with the requisite skills to navigate the business world confidently. We provide them with the tools they need to understand their businesses better, manage them effectively, and present them attractively to potential financiers. Our goal is to bridge the gap between these businesses and potential financiers, reducing the perceived risk and increasing their chances of securing the necessary funding.

As a Business we are uniquely positioned to offer a comprehensive range of services to our clients. We understand the challenges that SMEs and MSMEs face, and we are committed to helping them overcome these hurdles. We believe that with the right training and support, these businesses can thrive and contribute significantly to Kenya's economy and Africa as a whole.

Starting Readied for Business has been an exciting and fulfilling journey. It's a venture that combines my passion for finance with my desire to make a positive impact on the business landscape in Kenya. I am thrilled to be at the forefront of this initiative, and I look forward to seeing the transformation that our services will bring to start-up SMEs and MSMEs in the country and the entire continent of Africa.

See you at the top

Best Wishes

Samuel Hare Kitsao
Founder and First Director
Readied for Business Startup Incubator

Our Services

At Readied for Business, we believe that every innovative idea deserves the chance to shine. Nestled in the heart of Nairobi, Kenya, we're more than just an incubator; we're your partners in the exhilarating journey of entrepreneurship. Whether you're sketching out ideas on a napkin or gearing up for your next growth phase, our tailored support ecosystem is designed to turn your startup dreams into market realities.

Expert Guidance

At Readied for Business, you will benefit from personalized mentorship and guidance from industry experts who are dedicated to helping you succeed.

Access to Funding

You are likely to gain access to a network of potential financiers, partners or investors who are eager to invest in promising startups like yours.

Comprehensive Resources

At Readied for Business, you will take advantage of our training programs, workshops, and networking events to expand your knowledge, scale your new business and grow your network.

Community Engagement

At Readied for Business, you will connect with like-minded entrepreneurs and innovators, building lasting relationships and fostering collaboration.

Disbursement Management

At Readied for Business, our partners interest is not an afterthought, but a key deliverable to ensuring that their interests are well covered and taken care off. As such, we would; Call and/or Visit the new business establishment and formally report back to the partner, Financier or investor of how their resources have been utilized to avoid any form of diversion that would lead to broken trust. Readied for business has also put in place bridging mechanisms that offer an option of escrowing the said resources for the convenience of the new partner, Financier or investor.

Post-Fellowship Support

We ensure that we follow up with you after you have completed the incubation program. This can include calls, emails and even visits to your new establishment to appreciate how you have progressed thus far. The same is also necessary and in some cases a mandatory requirement to the financiers as a post disbursement reporting requirement.

Call to Action

Take the first step towards realizing your entrepreneurial dreams. Whether you're an aspiring founder with a groundbreaking idea or an early-stage startup looking to scale, don’t let your startup's potential go untapped. Seize this opportunity to accelerate your growth and achieve your business goals. Apply now to join Readied for Business and take the first step towards building a successful startup. Readied for Business is here to support you every step of the way. APPLY HERE .