About

Established in 2024, the Bahari Boost Challenge Fund is a US $1 Million initiative supporting young men and women running enterprises across Kilifi, Kwale, Lamu, Tana River, and Mombasa. The fund seeks to foster enterprise growth and create dignified, fulfilling work opportunities for young entrepreneurs, particularly young women, in Kenya's coastal region, with a focus on selected Blue Economy value chains. In addition to financial support, the fund provides mentorship, business development services, and access to networks that can help enterprises thrive. It aims to build a robust portfolio of innovative Micro and Small enterprises and collaborate with existing market actors to create investment vehicles, paving the way for scaling impact, establishing positive credit histories for young men and women, and enhancing their access to mainstream financial resources. Recipients are required to adhere to specific reporting and spending guidelines to ensure transparency and effective use of the funds, contributing to the overall accountability and success of the initiative.