Entrepreneurship

Uganda Green Enterprise Finance Accelerator (UGEFA) Fund 2021 for Ugandan Entrepreneurs

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Ifeoma Chuks
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Are you a green enterprise looking for support to grow and scale your business? The Uganda Green Enterprise Finance Accelerator (UGEFA) has launched its second call for applications.

Application Deadline: 30th April 2021

About the Award: Are you a green business in Uganda looking for business advisory and finance to grow? UGEFA are eager to connect with partners around building a strong pipeline of bankable SMEs, while also supporting broader entrepreneurial ecosystem activities.

Type: Entrepreneurship

Eligibility: We are excited to receive applications from enterprises that are:

  • Registered as a private company or registered partnership;
  • Engaged in a green sector specifically, Clean Energy, Green Manufacturing, Sustainable Transport, Sustainable Tourism or Waste Management;
  • Operational for 2+ years;
  • Revenue generating with at least 10,000 USD turnover in the previous year; and
  • In possession of financial records

Eligible Countries: Uganda

Number of Awards: Numerous

Value of Award: We improve access to finance for green enterprises in Uganda by offering:

  1. Catalyser Support over 6-months
  • Customised business development support from expert Business Advisors focused on developing growth and financial plans to successfully scale your business
  • Interactive workshops with easy-to-use, practical tools – tested and proven by green entrepreneurs around the globe – to prepare and manage your growth
  • Peer-to-peer learning and networking with like-minded entrepreneurs
  • Showcasing your enterprise during high-level events and ongoing ecosystem building activities
  1. Loan Facilitation
  • Privileged access within UGEFA pipeline to debt finance offered through our partner banks
  • Discounted loan of between UGX 36,700,000 – 367,000,000 to support investment needs where 1/3 of total loan amount is repaid directly with UGEFA grant contribution, thereby reducing total principal and interest repayment amounts
  • 1:1 business advisory within additional Accelerator Support to invest in growth and scale impacts while managing loan

How to Apply:  Click here to register now.

Want to learn more? Sign up for an Information Session at: https://adelph.it/ugefainfo

  • It is important to go through all application requirements in the Award Webpage (see Link below) before applying.
  • GOODLUCK

Visit Award Webpage for Details

Author

  • Ifeoma Chuks is a naturally-skilled writer. She has written and contributed to more than 6000 articles all over the internet that have formed solid experiences for particularly aspiring, young people around the globe.

    Content Manager

This post was last modified on March 5, 2021 4:49 pm

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