Kenya Jobs and Economic Transformation (KJET) is 5-year GOK project funded by the World Bank (2024-2029) whose project development objective is ‘To increase private sector investments, access to markets and sustainable finance to create and improve jobs’. The project targets to create jobs and improve productivity of select MSME clusters based on priority value chains envisioned under the Bottom-up Economic Transformation Agenda.
This component supports reforms to improve the ease of doing business in Kenya by streamlining licensing, updating investment laws, and enhancing government capacity for investor outreach and service delivery.
Implemented by: State Department for Investment Promotion, Kenya Investment Authority (KenInvest)Focuses on boosting MSME competitiveness and market access through Business Development Services (BDS) training and co-investment support for productive assets.
Implemented by: Micro and Small Enterprises Authority (MSEA)Mobilizes green financing for MSMEs to adopt eco-friendly technologies and pilots tools for climate resilience.
Implemented by: Kenya Development Corporation Ltd (KDC)Supports overall project coordination, reporting, and institutional capacity building for effective management and tracking of results.
Implemented by: State Department for Micro, Small and Medium Enterprises DevelopmentA cluster is a group of MSMEs formally organized as a Cooperative, Association, or cluster-based entity working together in the same value chain or ecosystem.
Component two focuses on enhancing cluster competitiveness through both general and specialized Business Development Services training and in select cases, co-investment support to acquire productive assets that enhance their operations and market reach.
Selected clusters will benefit from tailored Business Development Services (BDS) training. In select cases, beneficiaries may also receive co-investment support to acquire productive assets that enhance their operations and market reach.
Shortlisted applicants will be contacted through the details provided in their application.
It is co-investment support, not a loan. However, contracts will outline commitments, including potential profit-sharing or buy-out clauses.
High-potential groups outside Dairy, Textiles, Edible Oils, and Construction may be considered in exceptional cases.
You can visit your nearest MSEA county office for assistance. A full list of offices is available here: https://msea.go.ke/msea-county-offices/ In addition, sensitization forums will be held in various counties to guide applicants through the application process step by step.
Co-investment means that both the project and the MSME cluster are jointly contributing toward acquiring productive assets. The cluster contributes 30%, and the project invests the remaining 70%.
Your MSME cluster must meet ALL the following criteria to apply:
No. This opportunity is only open to Cooperatives, Associations or other cluster-based entities
Shortlisted clusters will undergo further assessment (interviews/site visits) and begin BDS training if successful.
Yes. Feedback will be provided, and clusters are encouraged to strengthen their capacity and reapply in subsequent cycles