UGEFA: Second Call for Applications extended to 31 May

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.

The call for applications will be open until 31 May 2021.

Benefits for green SMEs in Uganda

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

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

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 33% of total loan amount is repaid directly by UGEFA, 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

Criteria for 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