BimaLab is thrilled to announce the Post-Program Grant Support a catalytic funding opportunity designed exclusively for Kenyan insurtech startups that have successfully graduated from the BimaLab Accelerator.
This initiative aims to accelerate inclusive insurance innovation, bridge the financing gap for early and growth-stage startups, and reward BimaLab alumni who continue to drive real impact across Kenya’s insurance ecosystem.
Why This Matters
Across Kenya, BimaLab alumni are redefining how insurance works for underserved communities extending protection to farmers, gig workers, women entrepreneurs, and low-income households.
Yet, even the most promising insurtechs face a familiar challenge after acceleration: limited access to flexible, growth-ready capital.
This Post-Program Grant, backed by FSD Africa, responds directly to that gap combining funding, technical assistance, and mentorship to help high-impact startups grow sustainably while deepening their social and economic footprint.
About the Grant
The selected BimaLab Kenya alumni startups will receive:
- 💰 Up to USD 100,000 in catalytic grant funding
- 🧭 Tailored technical assistance
- 🤝 Ongoing mentorship and milestone-based support
The goal is simple: strengthen inclusive insurance products, expand outreach to underserved populations, accelerate growth and revenue, and build stronger partnerships across the insurance value chain.
Who Should Apply
We invite applications from BimaLab Kenya alumni who:
- Have developed inclusive, tech-driven insurance solutions
- Remain actively engaged with the BimaLab community
- Are ready to scale proven products and models
- Demonstrate measurable impact, growth, and financial traction
Eligibility & Evaluation Criteria
All applicants must be legally registered Kenyan entities and Alumni of the BimaLab Accelerator.
Evaluation will focus on 6 critical areas:
- Business Model & Financial Sustainability – Clear value proposition, revenue traction, and path to profitability
- Innovation & Technology – Tech-driven solution with a functional MVP or beyond
- Traction & Market Validation – Real customer engagement, partnerships, and growth metrics
- Inclusion & Social Impact – Service to low-income, rural, women, or youth segments; demonstrated financial inclusion outcomes
- Scalability Potential – Clear growth plan, operational readiness, and investor or partner interest
- Team Strength – Diverse leadership and proven capacity to execute and report on impact
Active participation in the BimaLab alumni network will be an added advantage.
Application Requirements
Applicants must submit the following:
- Performance Report for the period 2024–2025
- Key impact, growth, and financial metrics
- Customer segments and traction
- Financial performance and projections
- 12-Month Milestone-Based Growth Plan
- Strategic goals, key activities, and budget
- Planned grant utilization and expected outcomes
- Supporting Documents
- Business registration certificate
- Team bios
- Partnership letters (if applicable)
- Updated pitch deck and investor updates
Application closes on 07 November 2025.
📩 How to Apply
Click here to access the online application form
For any questions, please reach us at info@bimalab.co.ke.
Building the Future of Inclusive Insurance
This grant represents more than funding, it is a shared commitment by BimaLab and FSD Africa to strengthen Kenya’s inclusive insurance ecosystem.
Together, we are empowering innovators to make insurance more accessible, affordable, and impactful for millions of Kenyans.
To our BimaLab alumni: this is your moment to scale, lead, and inspire. Apply today.