Deadline: 30-Nov-21
The Ugandan Green Enterprise Finance Accelerator (UGEFA) is pleased to launch the Green Enterprise Finance Accelerator Programme to help high-potential small and medium-sized enterprises that specialise in eco-tourism, clean energy, sustainable transport, waste management and green manufacturing, including agro-processing, turning raw crops in finished products like textiles and dried fruit.
Green businesses in Uganda are being urged to apply to an accelerator programme that offers free finance-focused workshops and discounted loans to help them scale up.
The Uganda Enterprise Finance Accelerator (UGEFA) is funded fully by the European Union Delegation to Uganda. UGEFA is implemented by adelphi Research gGmbH, a leading global independent think and do tank on environment and development; and Finding XY, a Ugandan-based non-profit, innovation centre and business advisory firm.
During the six-month programme, successful applicants will receive customised business development support from expert advisors. This tailored scheme incudes capacity building workshops and peer learning, delivered by implementation partners, adelphi and Finding XY.
Businesses that are eligible can receive support through the application process during application clinics – improving their business plans and ensuring they have necessary financial documentation. They will also provide networking opportunities with peers and business advisors and ensure that businesses gain a comprehensive understanding of the loan application process.
Finding XY’s Programme Lead Eddie Sembatya added: “The level of ingenuity among Uganda’s green entrepreneurs is second to none. They need to maximise their impact and that is why they are urging eligible businesses to submit applications to the programme and help transform Uganda’s business landscape.”
Eligibility Criteria
Applicants must be:
- Registered 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.
For more information, visit https://ugefa.eu/news/grow-your-green-business-with-eu-funded-accelerator