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ARTICLE · 02 NOVEMBER 2020

Kenya's Senate Introduces The Startup Bill 2020

The Senate on 14 September 2020 proposed the Start-up Bill (the Bill) for introduction to the Senate that is sure to pique the interest of Kenyan entrepreneurs and investors who have an eye...

KenyaGovernment, Public Sector

The Senate on 14 September 2020 proposed the Start-up Bill (the Bill) for introduction to the Senate that is sure to pique the interest of Kenyan entrepreneurs and investors who have an eye on this region. A link to the Bill is available here.

The ecosystem of an innovative start-up sector is based on the fluidity of the applicable legislative framework and the lowering of barriers to entry in the relevant market. The Bill seeks to govern the interactions between the government, incubators, start-ups, and investors; to foster a culture of innovation and entrepreneurship; and crucially, link start-ups with public and private investment, and research and development institutions. From our initial reading of the Bill, and in our view, there are some fundamental improvements that could be made to the existing framework of often complicated and cumbersome laws, policies and regulations that would encourage the desired growth and innovation, without the need to enact new

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