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Standard Chartered Nairobi Marathon nets ksh 150 million in sponsorship


starnchartThe 2016 edition of the Standard Chartered Nairobi International Marathon has received a boost of Ksh 60 million with the bank investing ksh 90 million in the event that is set for October 30.

The local organizers of the event announced that the 14th edition of the marathon is netting 150 million with sponsorship from fourteen corprates.

The event is however targeting atleast 30000 participants with the registration deadline extended to Sunday.

Speaking during the sponsorship launch at Villa Rosa Kempinski Hotel, SCB CEO Lamine Manjang said that over 20000 participants have already booked ther place to take part in the marathon.

Other 10000 people are expected to register with the registration dates extended to October 15.

“We are happy with the progress mede in developing the race since its inception in 2003”.

More than Ksh 8 million prize money will be up for grabs in the “only IAAF-sanctioned race in the region.”

Event organizers are targeting to raise ksh 75 million up from ksh 40 million realized last year.

All the proceeds will be channelled to the “Seeing is believing” initiative.

The CEO also said that in line with the IAAF Standards,all participants will be subjected to very strict scrutiny.We would like to assure participants that we have put in place several mechanisms to guarantee integrity of the race.

“Like the previous editions,we shall continue to employ the chip technology in all races and aerial surveillance cameras from broadcast partner.”

“This will complement the services of the technical director ,route marshals and CCTV cameras along the course,”he said