The Uganda Green Enterprise Finance Accelerator (UGEFA) has launched its second call for applications. The Accelerator targets green Small and Medium Enterprises (SMEs) looking to grow and scale their businesses.
The Accelerator supports SMEs in customized business development for over 6 months. Enterprises get a chance to participate in interactive workshops, peer-to-peer learning and network with like-minded entrepreneurs. They also have access to practical tools to manage business growth.
How will the successful SMEs benefit?
By participating in the programme, SMEs will get the following benefits;
- Loan facilitation within UGEFA debt finance pipeline offered through our partner banks
- Get a discounted loan of between UGX 36,700,000 – 367,000,000 to support investment needs
- Loan repayment support of 1/3 of the total loan amount with UGEFA grant contribution
- Showcase their enterprises during high-level events and ongoing ecosystem building activities
Who is eligible to Apply?
The programme is open to enterprises who 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 more than 2 years;
- Generating revenue with at least 10,000 USD turnover in the previous year; and
- In possession of financial records
Register here for UGEFA and submit your complete application.
Application Deadline: 30th April 2021.
For details: sign up for an Information Session at https://adelph.it/ugefainfo or email info@ugefa.eu.