Tech in Africa
Green businesses operating in Uganda are urged to apply for the accelerator programme offering free finance-focused workshops that offer discounted loans that help them scale with the intent to accelerate Uganda’s growth in two decades. Ugandan Green Enterprise Finance Accelerator (UGEFA) is targeting high-potential SMEs specialized in eco-tourism, sustainable transport, clean energy, green manufacturing, waste management, agro-processing, and turning raw materials into finished goods.
The press release shared on Independent Uganda opens today and closes on the 30 of November. This scheme will include capacity-building workshops and peer learning workshops delivered by implementation partners – adelphi and Finding XY. Upon graduation from UGEFA programme, enterprises will be matched by banking partners. If they prove investible, they receive loans of which 33% are covered by UGEFA through EU funding.
Rainer Agster, Adelphi board member pointed out that the current pandemic presents a massive challenge for all enterprises as well as an opportunity for a transformation towards a greener economy.
The Uganda Enterprise Finance Accelerator is fully funded by the EU Uganda delegation and implemented by adelphi Research GmbH (an independent think-tank) and Finding XY (a Uganda non-profit). You can apply for UGEFA Programme here
Source: The Independent
#UGEFA Programme is now open for applications 📢
Do you have a #green #business and need expert support to access #financing in Uganda? Apply now to UGEFA 👉 https://t.co/1XyPZZE07v
Application Deadline: 30 November 2021@EUinUG @adelphi_berlin @Finding_XY pic.twitter.com/fPdpxSUZUL
— UGEFA (@ugefa_eu) October 4, 2021
