From: Kenya ICT Board <kkobia@ict.go.ke>
Date: 14 December 2010 10:10:06 GMT+03:00
To: pkukubo@ict.go.ke
Subject: Media Advisory: Silicon Valley entrepreneur visit Kenya
Reply-To: kkobia@ict.go.ke

Paul The Kenya ICT Board will host a group of entrepreneur including Russel Simmons (co-founder of paypal) and Jawed Karim (co-founder of youtube) at an event at the iHub on Tuesday Decemeber 14 at 3:00pm. You are invited to cover the event, which will also feature some Kenya's top tech entrepreneur . Tandaa Tech Talk Featuring members of i/o ventures including co-founder of paypal, co-founder of youtube and co-founder of yelp.com Venue iHub, Bishop Magua Center, 4th Floor, Ngong Road, Opposite Uchumi Hyper Date December 14, 2010 Time 15:00 - 18:00 Host Kenya ICT Board Members of the media interested in booking interviews with special guests should contact Kaburo Kobia kkobia@ict.go.ke or call 0729466260 For more information: Background   Profiles for i/o ventures team   About Kenya ICT Board   Contact info      Background i/o ventures is an early stage start up program that focuses heavily on mentorship. Their network of entrepreneurs have started multi-billion dollar internet companies including paypal, youtube, myspace, hi5 and yelp, many of which have over 100 million users visiting their websites monthly. The mentors have visited a number of countries  including Singapore, Brazil, Russia, and mostly recently Tanzania. During their visits  the mentors travel participate in a variety of events which usually include speaking at top universities, meeting with upcoming entrepreneurs, top business leaders and a meeting or dinner with top government officials including the President or Prime Minister.  The end goal is to spread ICT entrepreneurship, build a bridge into Silicon Valley and encourage the growth of the local "tech ecosystem". i/o ventures are making their first trip to Kenya from December 13 - 14. During their Kenya trip they would like to focus on mentorship based on their extensive experience in incubating start-up entrepreneurs. Their most recent graduating class included six companies in the internet space, they were exposed to 120 Venture Capitalists and Angel Investors and all got funded. Half are already profitable, one has been acquired. Profiles Russel Simmons: early employee/lead technical architect at paypal, former CTO and co-founder of Yelp.com Jawed Karim: cofounder of Youtube, early employee at Paypal and angel investor Paul Bragel: partner at i/o ventures, co-founder of Leforum (online forums), co-founder/CEO of Meetro (location based social networking) and former CEO of Paragon Five (game development Mbwana Alliy: associate at i/o ventures, co-founder of Yellow Masai, Board Member at Envaya About Kenya ICT Board The Kenya ICT Board was established by HE President Mwai Kibaki, as a state corporation under the State Corporations Act Cap. 446 on 19th February 2007.  The Kenya ICT Board's mission is to champion and actively enable Kenya to adopt and exploit ICT, through promotion of partnerships, investments and infrastructure growth for socio economic enrichment. Its vision is that Kenya becomes a top ten global ICT hub by 2030. The Kenya ICT Board mandate is to: Market: Positioning and promoting Kenya as an ICT destination (locally and internationally), especially promoting Business process Outsourcing (BPO) and Offshoring. Advise: Advise the government on all relevant matters pertaining to the development and promotion of ICT industries in the country Build Capacity: Providing government and other stakeholders with skills, capacity and funding for anchor implementation of ICT projects for development. Manage Projects: Coordinating, directing and implementing anchor ICT projects in development. Contact For more information or to book interviews please contact: Kaburo Kobia 0729466260 Sincerely, Kaburo Kobia Project Manager, Local Digital Content Kenya ICT Board

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