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Tag Archives: entrepreneurs

MTN Foundation recognizes 15 entrepreneurs for completing the incubation phase of the MTN Ace skilling

Kampala, Uganda | THE INDEPENDENT | MTN Uganda’s corporate social responsibility arm, MTN Foundation, has recognized 15 prospective entrepreneurs following completion of the three-month Business Incubation phase. Business Incubation is the second phase of the MTN Ace Skilling Program aimed at extending mentorship and support to entrepreneurs to deliver public good …

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dfcu, ADC supports 28 women agribusiness entrepreneurs

Kampala, Uganda | THE INDEPENDENT | At an event held recently in Kampala, a total of 28 women Agribusiness entrepreneurs graduated from the first cohort Business Accelerator Program (BAP) implemented by Agribusiness Development Centre and powered by dfcu Limited and Rabo Foundation. Launched last year, the Business Accelerator Program’s objective is …

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Uganda to waive taxes on foreign venture funds

Kampala, Uganda | THE INDEPENDENT | At least 930 billion Shillings is available for possible lending as cheap long-term capital for small and medium enterprises from the Collective Investment Schemes, CIS, according to the Capital Market Authority. This is the value of the assets under management, which have grown from just …

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UDB offers simpler credit terms for women entrepreneurs

Kampala, Uganda | THE INDEPENDENT | The Uganda Development Bank has developed a special financing program for women entrepreneurs, in response to concerns that most of the women cannot afford the terms and conditions generally set by the industry for capital. This is part of the bank’s measures aimed at rebuilding …

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UDB to finance 2 million women entrepreneurs with micro loans

UDB has signed a memorandum of understanding with the Uganda Women Entrepreneurs Association Ltd under which beneficiaries will get between 50 and 100 million shillings in loans Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank has offered to help 2 million women in business access financing at more affordable cost …

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UWEAL seeks UGX 25Bn for an incubation centre

Kampala, Uganda | THE INDEPENDENT | The Uganda Women Entrepreneurs Association Limited-UWEAL has launched a fundraising drive of 25 billion shillings to construct an incubation facility to help boost women’s businesses in Uganda. Barbara Ofwono Buyondo, the chairperson UWEAL says that the facility will be constructed at Namanve Industrial Park on …

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