Stanford to Launch Entrepreneurship Training Initiative in East Africa
The Stanford Institute for Innovation in Developing Economies (SEED) announced the opening of a research, training and innovation facility in Nairobi, Kenya by June 2016.
The upcoming regional center in Nairobi is the second project undertaken by SEED to engage with entrepreneurship in Africa. This initiative expands upon the creation of the regional center for West Africa in Accra, Ghana three years earlier.
The Stanford Graduate School of Business-led initiative was founded in 2011 by Stanford alumnus and venture capitalist Robert King M.B.A. ’60 and his wife Dorothy King.
SEED is an institution dedicated to research and to the practical application of innovation in entrepreneurship. It aims to sponsor sustainable economic growth of businesses and to prompt job creation in order to end the cycle of poverty in developing countries. Stanford hopes to bring its innovative drive and the expertise gained over decades of educating innovators in the Silicon Valley to the East African region.