The NSSF Hi-Innovator Initiative is inviting applications from small and growing businesses that seek to grow sustainably. Eligible businesses will have the opportunity to access entrepreneurship education, funding, and technical support. Hi-Innovator is an initiative of Uganda’s National Social Security Fund (NSSF), established as a start-up fund. The start-up fund identifies and supports Uganda’s small and growing businesses that have the potential for significant impact and sustainability. The Hi-Innovator initiative is a partnership with multiple entrepreneurship support organizations to enable small and growing businesses to receive access to the resources they need.  NSSF and its partners will link profitable and sustainable business that can drive positive social change to local and foreign investors.

The Hi-Innovator Initiative support will go to businesses addressing the Sustainable Development Goals, National Development Plan and NSSF’s strategic business objectives. The sector focus is on education, agriculture, health, energy, tourism, and financial services.  The program is targeting over 500 businesses served and at least 50,000 entrepreneurs to be trained, all culminating in130, 000 work opportunities created.

Why should your business join the Hi-Innovator Initiative?

Successful applicants with get the following benefits:

  • Up to UGX 100 million in grant funding for your business
  • Tailored mentorship and business training
  • Exposure and linkage to investors to scale your business
  • Access to Outbox innovation hub’s network of partners to build a product market

Who is eligible to apply?

The initiative is open to businesses that meet the criteria below:

  • Fully registered business with Uganda Registry Services Bureau (URSB), Uganda Revenue Authority (URA) and The National Social Security Fund (NSSF)
  • Have been operational in the previous 2 years with at least revenue of UGX 20 million
  • Should at least have launched a product or service to market and have customer feedback
  • Have at least 2 or more founding members for the business. A team of one founding individual will not be considered
  • All team members must be fully proficient in written and spoken English.
  • Founders commit to participating in at least 90% of the initiative’s scheduled learning labs and mentorship sessions
  • Have not raised more than UGX 1 billion in blended capital, e.g. grants, equity financing or venture capital at the time of submission

 

How to apply

Eligible SMEs can apply here.

Applications received by email, WhatsApp or in person will not be accepted.

 

For inquires please contact:

Tel: +256 757 000 152

Email: hi-innovator@nssfug.org

Visit: https://hi-innovator.nssfug.org/about