In my opinion, Kenya’s government and private sector must take proactive steps to support startups if the country is to achieve sustainable economic growth. This support can come in various forms, including financial incentives, regulatory reforms, and investment in infrastructure.

Firstly, improving access to finance is critical. The government could consider offering grants or low-interest loans specifically tailored for startups. Additionally, encouraging more venture capital and angel investment through tax incentives could provide the necessary capital for startups to thrive.

Secondly, simplifying the regulatory environment would make it easier for startups to operate. This could involve streamlining business registration processes, reducing the cost of compliance, and providing clearer guidance on regulatory requirements. A more startup-friendly regulatory framework would encourage more entrepreneurs to take the plunge and start new businesses.

Lastly, investing in infrastructure and support systems is essential. Reliable internet, electricity, and transportation networks are fundamental for any business to succeed. The government and private sector should also work together to create incubators and accelerators that provide startups with mentorship, training, and networking opportunities.