Driving the inclusive business agenda in Uganda
On the 23th of October, a nice mixed group of around 30 individuals representing the development sector, impact funds, firms and consultants came together at the Lawns, Kampala, as a first step towards driving an Inclusive Business Coalition in Uganda.
It was our objective to enhance understanding and appreciation of Inclusive Business as an effective tool for poverty alleviation, discuss case studies and lessons learn from several IB practitioners, and introduce our approach.
This Knowledge Sharing Event was the first step towards an Inclusive Business coalition in Uganda. It was great to see there was so much debate among the stakeholders. Most hot topic and pressing need: access to seed capital for early stage Inclusive businesses, and the miss match between impacts funds having challenges to find invest-able deals and entrepreneurs not corresponding to the investment criteria, as their minimum investment amount is to small, the fund focuses on specific sectors or geographies only, or the businesses is considered too early stage.