BLOG – Balloon Kenya: What is Balloon Kenya?

Balloon Kenya brings young people from around the world to Kenya to work with budding local entrepreneurs to imagine and create new businesses that provide jobs and improve lives.

Working with and investing in Kenyan men and women from disadvantaged backgrounds we empower local people to defeat poverty through business, not aid.

How It Works

How It Works

1) LEARN: Balloon Kenya recruits young people from across the world (Enterprise Fellows) to complete an intensive week-long programme in business design, developed with leading entrepreneurship educators and 100s of young people.

2) SHARE: Fellows then work for 5 weeks with budding Kenyan entrepreneurs, leading classes and supporting groups to devise, develop and test new business ideas.

3) PITCH: On the last weekend groups present their business ideas to our Microfinance Fund and Balloon Kenya invest in the best ideas. Last year they invested £4880 in 20 start-up businesses. This year they will invest £15,000 in 75 businesses.

2012 Impact

Impact

GLOBAL IMPACT:

Fellows joined Balloon Kenya from India, Israel, Germany, the US, England and Kenya.
They returned home to:
-Start businesses x3
-Teach social enterprise x4
-Work for charities x3
-Get other great jobs or continue their studies

KENYAN IMPACT:

Balloon Kenya invested in a huge range of businesses:
-Fish farm
-Doughnut shop
-Child care
-Gym
-Courier Service

2013 Plans

In Summer 2013 Balloon Kenya will bring 48 young people (24 June and 24 in August) from around the world to Kenya to work with over 1,000 local budding Kenyan entrepreneurs and invest over £15,000 in at least 200 start-up businesses.

http://www.BalloonKenya.com – to find out more.

NottsNomad

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