Uganda can benefit from investment in entrepreneurship post COVID-19
From the limited access to market, appropriate talent to lack of investment capital, Ugandan entrepreneurs are grappling with a litany of challenges. But when key sector players met at the Bounce Back event on Wednesday, they were all in agreement that it is time to make the business environment right for entrepreneurs to grow their […]
2021: A year of progress in the Entrepreneurial ecosystem?
According to the Global Startup Economy Report for 2021, the global startup economy is worth over $3.8 trillion in Ecosystem Value, more than the individual Gross Domestic Product of most G7 economies, not including the value of exits prior to 2018. Uganda’s contribution to this remains low despite the strides made within the ecosystem. To understand the trends in the local ecosystem better, we spoke […]
The Innovation Village Jinja counts its 2021 wins
When The Innovation Village, (TIV) spread its wings to Eastern Uganda in 2020, Jinja was chosen as its host city. Located on Plot 5, Main Street in the heart of the industrial town, the innovation ecosystem which is home to entrepreneurs from a region with approximately 33 districts, is also ushering the region into the Fourth Industrial Revolution through merging network, talent, […]
Startup Act: Strides made and how it can be a game changer for entrepreneurship
When Italy passed the world’s first-ever Startup Act in 2012, it sparked off a trend that drove other countries to work on legislation that encourage the growth of their startup ecosystem. Inspired by Italy’s startup policy, many African governments have considered providing a safety net for their startups by putting in place a Startup Act […]
Technology can enable farmers and agribusinesses to reap big
A compelling projection was made by the World Bank on the future of Agribusiness in 2013. Its report titled “Growing Africa: Unlocking the Potential of Agribusiness”, stated that by 2030, African farmers and agribusinesses could create an African $1 trillion food market. But therein, there were conditions to this growth including access to capital electricity, […]
STARTUP FINANCING: SOURCES AND WHY INNOVATION ECOSYSTEMS MATTER
There is no shortage of good solutions to the problems that plague Uganda, but there is a challenge with finding financial support to fund these solutions until they can survive on their feet. African Tech Startups Funding Report 2020 states that the year 2020 was a record-breaking one for African tech startups, with 397 companies […]
THE FUTURE OF ENTREPRENEURSHIP
Becoming an entrepreneur is a goal for many. The lifestyle, flexibility of working hours and the ability to set yourself up financially and potentially for life, is a call that thousands each year find difficult to ignore. Taking the leap and setting out on their own business ventures is their biggest dream. What puts a […]
2020 Game Changers : Entrepreneurs who have inspired us through the year
“When the world locks down, that’s the time game changers start”- Stephen Ahweera. The 21st century continues to experience improvement in the quality of life because of the unconventional thinking of entrepreneurs. It is because of this reason, that today’s greatest game changers have been bred. Entrepreneurs have the vision and willingness to create and […]
MyVillage: The future of Africa’s entrepreneurial ecosystem
The year is 2020. The world is shaking up in crisis. Entrepreneurship continues to thrive amidst multitudes of challenges and setbacks. For Uganda, and Africa at large, it is evident; we need each other, now, more than ever. Our survival and our success are heavily dependent on the contribution each of us has to make. […]
Entrepreneurs build entrepreneurs.
“We rise by lifting others” – Robert Ingersoll Entrepreneurship is a revolution beginning to unfold therefore having a booming entrepreneurial ecosystem where entrepreneurs are confident that in order to make headway, you have to help others move forward, is crucial. No matter how many years you have been in entrepreneurship and business, every entrepreneur faces […]
