Futuremakers Programme
In 2019, we launched our 2019-2023 community investment approach, Futuremakers by Standard Chartered. This global initiative aims to tackle inequality and promote greater economic inclusion in our markets by supporting disadvantaged young people, especially girls and those with visual disabilities, from low-income households. Through education, employability, and entrepreneurship programs, we aspired to raise USD 50 million to empower the next generation to learn, earn, and grow. Since its inception, Futuremakers has reached over 2.1 million young people, with 68% being women and girls, providing them with education, employability skills, and entrepreneurial training and support.
Beneficiaries of the Futuremakers Programme in Kenya
Futuremakers Inclusive Employability Programme
In July 2019, over 4,000 students with disabilities benefited from the Futuremakers Inclusive Programme, which aims to help them acquire essential skills. We disbursed at least Ksh 97 million to Jomo Kenyatta University of Agriculture and Technology (JKUAT), Kenyatta University, USIU Africa, Multimedia University, and Zetech University to facilitate this skills acquisition program, positioning the students as equal competitors in the job market.
Empowering Dreams, Transforming Lives
Standard Chartered Kenya launched a Ksh 60 million access to finance program powered by the Futuremakers Entrepreneurship programme. This initiative provides small loans to disadvantaged women, ranging from Ksh 250,000 to Ksh 2.5 million, at a 5% interest rate payable over three years.
Women in Tech
The Futuremakers program supports the Women in Tech program in partnership with iLab Africa. This program focuses on a digital-first approach training, empowering young entrepreneurs to grow their businesses through technology. Since its inception, it has trained more than 64 women-led businesses, offering mentorship, advisory services, coaching, networking opportunities, access to seed capital, and investor forums. These efforts help mould their businesses to international standards. With 32 startups already benefiting from seed funding totalling over KES 1.2 million (USD 10,000) each, its impact on fostering innovation and sustainability in Kenya’s business landscape is undeniable. Every year, more than 10 small and medium businesses receive mentorship and networking opportunities, with the top five companies from WIT accessing Sh1 million each as seed capital and investor forums to ensure their businesses match international standards.
Future Ambition
Looking ahead, between 2024 and 2030, Futuremakers by Standard Chartered is committing to raise USD 120 million to help create and sustain 140,000 jobs. We aim to achieve this by enabling disadvantaged young entrepreneurs and job-seekers, predominantly women, to learn, earn, and grow, improving their economic skills and prospects.
You can donate towards Futuremakers:
Standard Chartered Bank | |
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Account Name | SCB MARATHON REGISTRATION FEES |
A/C No | 0102802238400 |
M-Pesa | |
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Paybill | 329329 |
A/C No | 0102802238400 |