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Startup incubator Nailab invests $25K in East African startups

Startup incubator Nailab invests $25K in East African startups
From TechCrunch - December 21, 2017

When Nailab(Nairobi Incubation Lab) opened its doors seven years ago in Kenya, it wanted to be the Y Combinator for Kenya, Nailab CEO Sam Gichuru told me. In order to accomplish that goal, Gichuru realized Nailab would need a lot of money, which it did not have at the time. Thats why it initially began as a co-working space.

Along the way we realized that the startups we got into the space that actually managed to raise between 10 to $20,000, who are growing, we realized we needed to put together a seed fund, Gichuru said.

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