Focus on BETA
The continuation of KIEP250+ will put the government’s BETA strategy central in its approach. Where COVID-19 saw many SMEs asking submitting TA proposals linked to weathering the crisis, the programme is now returning to its initial focus – and that means zooming in on “value addition” and “innovation”.
BETA stands for Bottom-Up Economic Transformation Agenda and is directly linked to Kenya’s Vision 2030 and the Sustainable Development Goals.
The plan focuses on Agricultural Transformation; Micro, Small and Medium Enterprises (MSMEs); Housing and Settlement; Healthcare; Digital Superhighway and the Creative Industry. The government has identified nine value chains for particular growth: leather, cotton, dairy, edible oils, tea, rice, blue economy, natural resources (including minerals), forestry, and building materials.