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Marcopolis presents Kenya Report focused on topics such as investments, doing business, economy and regional integration, featuring interviews with Kenya's leaders. The sectors under review in this issue are agriculture, banking, energy, industry, telecom, IT, tourism, logistics and many more.
VideosSeptember 06, 2023
Kenya Entrepreneurship: Professional Services to Help SMEs Grow and Expand by SNDBX
- Written by Sandra Francisco
- Published: September 06, 2023
Joram Mwinamo, CEO at SNDBX – The Village Formula, presents the SNDBX concept, a permanent residency of 37 professional disciplines based in Nairobi, Kenya, dedicated to work collaboratively with entrepreneurs and SMEs to help them grow and expand.
"The SNDBX concept aims to address multiple challenges. Over the years of assisting entrepreneurs in developing their businesses, we have recognized that the necessary services were scattered throughout the city. This fragmentation made it arduous for entrepreneurs to locate high-quality, cost-effective professional services. Previously, they often relied on personal contacts, such as friends or relatives, for recommendations. However, this approach sometimes led to subpar services, as these contacts might not specialize in business law or other specific areas. Additionally, such services often proved to be quite expensive. What we do at SNDBX is curate customized services tailored to the needs of small and medium-sized enterprises. We also centralize these services in one accessible location. Consequently, entrepreneurs no longer need to navigate various locations to find the expertise they require. They can simply visit our platform, where they will discover a wide array of experts who are well-versed in the needs of small and medium-sized enterprises. These experts offer tailor-made services at pricing that is designed to be affordable for businesses of this size. This streamlined approach makes it exceptionally convenient for entrepreneurs to access high-quality, dependable services", says Joram Mwinamo.
"We have successfully brought together 37 non-competing professional service providers, each specializing in a distinct area. These services cover a broad spectrum, encompassing governance, HR, marketing, logistics, travel services, legal expertise, and even more specialized offerings like photography and videography. These services are consolidated under one roof, right in the heart of Nairobi, Kenya, effectively creating a hub where entrepreneurs can access these 37 different services. This is why we refer to ourselves as a "village," a collective of seven distinct companies coexisting under a single roof, supported by a substantial workforce. Our larger community comprises over 150 specialized experts distributed across these 37 companies. Together, we currently serve more than 2,400 small and medium-sized enterprises (SMEs) and startups. These businesses engage with us for various purposes, be it programs, projects, or direct utilization of specific services. Our platform also fosters internal referrals and collaboration among these expert service providers, resulting in an enhanced quality of service delivery. This contrasts with the previous scenario where finance, HR, or marketing consultants operated independently due to their physical separation in different buildings", he adds.
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