Deadline: 14-Apr-22
Applications are now open for the Uganda Green Enterprise Finance Accelerator Programme. The EU-funded Uganda Green Enterprise Finance Accelerator (UGEFA) provides sustainable Ugandan enterprises with support to scale and contribute to a green and inclusive economy, has announced that it is accepting applications for its fourth and final cohort to join its programme.
UGEFA is seeking high-potential small and medium-sized enterprises looking for debt finance to invest in their business. UGEFA targets SMEs that specialise in eco-tourism, clean energy, sustainable transport, waste management and green manufacturing, including agro-processing – turning raw crops into finished products such as textiles and dried fruit. Amplifying the impact of environmentally-conscious enterprises is essential to growing the economy, improving living conditions for thousands of people and increasing access to fulfilling employment.
UGEFA supports successful applicants through its business advisors, passionate about sustainable growth – led by adelphi and Finding XY. It involves tried and tested practical tools to prepare entrepreneurs for managing growth and gives them a platform to showcase their businesses and share ideas with peers.
The aim is to help enterprises prepare their loan application and access the UGEFA network of partner banks – Equity Bank, Yako Bank, Opportunity Bank – to achieve the next stage of growth.
Businesses that are eligible can receive support during application clinics – supporting interested applicants to prepare all documents necessary as part of their applications (e.g. business plans) and providing tips & tricks on how to compile a compelling application to the programme.
Criteria
Applicants to the UGEFA programme must be:
- Registered; revenue-generating businesses;
- Engaged in a green sector, specifically clean energy, sustainable transport, sustainable tourism, waste management or green manufacturing, including in the supply chain of sustainable agricultural products;
- Operational for 2+ years;
- Interested in support to access debt finance
For more information, visit https://ugefa.eu/news/green-businesses-given-last-chance-to-grow-and-transform-economy-with-eu-funded-accelerator-ugefa