Gengetone Radio

Kenyan Government Allocates Ksh.28 Billion to Boost Over 100,000 Small Businesses

Nairobi, Kenya – May 14, 2025

In a significant move to bolster the country’s micro and small enterprises (MSEs), the Kenyan government has announced the allocation of Ksh.28 billion in grants aimed at supporting over 100,000 businesses nationwide. This initiative is part of the government’s broader strategy to uplift individuals at the lower economic strata and fulfill promises made during the campaign period.

Deputy President Prof. Kithure Kindiki disclosed that each of the 70 constituencies will benefit from this program, with 70 businesses per constituency receiving Ksh.50,000 each. The grant recipients encompass a diverse range of small-scale entrepreneurs, including salon operators, barbers, and carpenters. These sectors are seen as pivotal in providing employment and services at the grassroots level .

The announcement was made during a youth empowerment event in Naivasha, hosted by Nakuru Governor Susan Kihika. Deputy President Kindiki, accompanied by National Assembly Majority Leader Kimani Ichung’wa, emphasized the government’s commitment to improving the livelihoods of the youth through job creation and economic empowerment .

This funding initiative aligns with Kenya’s broader economic strategies, including efforts to support Micro, Small, and Medium-Sized Enterprises (MSMEs) to boost economic growth and create sustainable jobs, especially in the private and informal sectors. The government is revising its MSME policy framework to align with the objectives of the Africa Continental Free Trade Area (AfCFTA) and other international trade agreements

Entrepreneurs interested in applying for the grant are encouraged to contact their local constituency offices for application procedures and eligibility criteria. The government has assured transparency and fairness in the selection process to ensure that the funds reach the intended beneficiaries.

This substantial financial support is expected to invigorate the small business sector, fostering innovation, employment, and economic resilience across Kenya.

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