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Tag Archives: entrepreneurship

Tony Elumelu Foundation to pay out US$24.75million to African entrepreneurs as seed capital

296 Ugandan entrepreneurs are among the lucky beneficiaries | THE INDEPENDENT | Ugandaā€™s 296 entrepreneurs will each receive US$5,000 non-refundable seed capital as part of the Tony Elumelu Foundationā€™s initiative to empower African entrepreneurs across the continent. The beneficiaries who include 212 female and 84 male are part of the …

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Private sector calls for National Startup Policy

Uganda is ranked one of the most entrepreneurial countries in the world, according to the Global Entrepreneurship Monitor Kampala, Uganda | THE INDEPENDENT |Ā Ā Private sector players have asked government to expedite the formulation and implementation of a National Startup Policy in order to address major impediments to the growth of …

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Tony Elumelu Foundation 2021 TEF Entrepreneurship Programme Application Opens

Kampala, Uganda | THE INDEPENDENT |Ā Africaā€™s philanthropist, Tony Elumelu Foundation, has opened its applications for a new entrepreneurship training. This yearā€™s intervention prioritises the economic recovery of small and medium scale enterprises (SMEs) and young African entrepreneurs, following the Covid-19 disruption to economic activities. To address the unique challenges arising …

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African tech entrepreneurs

What most annoys investors about them AFRICA | TOM JACKSON | African startups regularly decry the lack of funding available to them, and the long, difficult journey of persuading venture capitalists on the continent to invest. But what pet peeves do Africa-based VC firms have about tech entrepreneurs? Asked that …

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South Korea agency boosts entrepreneurship in Uganda

Kampala, Uganda |Ā Julius Businge |Ā Data from the Global Entrepreneurship Monitor (GEM) indicates that 28% of Ugandan adults own or co-own a new business. It adds that 10% start new business and 60% of those that are started do not live to celebrate their first birthday. Experts in this field say …

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Jopadhola Community Education Fund starts with $1000 boost

Kampala, Uganda | THE INDEPENDENT | The Jopadhola Community Education and Scholarship Trust (TJC EAST) fund was on Saturday launched, with Kenyan physical planning expert Engineer Vincent Kā€™Odera from Kisumu boosting it with an offer of $1,000 (sh3.6 million) cash. Engineer Vincent Kā€™Odera, who as a member of the Luo …

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TEF opens Applications for 5th Cycle of $100m Entrepreneurship Programme

Kampala, Uganda | THE INDEPENDENT |Ā The Tony Elumelu Foundation, the leading African-funded and founded philanthropy committed to empowering African entrepreneurs, is now accepting applications for the 2019 cohort of the TEF Entrepreneurship Programme. The Programme is a 10-year, $100 million commitment to identify, train, mentor and fund 10,000 African entrepreneurs. …

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Women entrepreneurship program plunges into funding crisis

Kampala, Uganda | THE INDEPENDENT |Ā The Gender, Labour and Social Development Ministry is stuck with thousands of women groups seeking funding under the Uganda Women Entrepreneurship Program- UWEP. The program, in its third year of implementation continues to suffer consistent decline in budgetary allocations from Ministry of Finance, Planning and …

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