The SNDBX has launched in Nairobi, housing 20 different companies that support entrepreneurs under one roof and claiming to provide “Big Four consulting capacity for the little guys”.
The SNDBX, which has been established in Kilimani, offers entrepreneurs access to lawyers, accountants, branding, marketing and tax professionals, all in one location.
Founded by Wylde International, which has invested KES50 million (US$470,000), the space was launched to offer startups access to the same kind of services available internally at corporates or via the Big Four consulting firms, as well as other programmes.
“There is the African way of doing business through collaboration. It takes a village to raise a child concept. The SNDBX aspires to help companies exponentially grow by offering the best technical support,” he told Disrupt Africa.
“An environment where ambitious entrepreneurs have supporting cast of seasoned professionals, the SNDBX is a first of its kind in the world, developed over 10 years of working with entrepreneurs. It is designed to ensure sustainable models for business support through a proven methodology localise for the African ecosystem,” said Wylde International chief executive Joram Mwinamo.
The for-profit SNDBX charges companies to base themselves from its space, though it has received support from the Argidius Foundation to help accelerate the opening of the space and prove the model.