Stanbic Business Incubator

Yesterday our Chief Executive, Catherine A Poran, paid a courtesy visit to the Registrar General of Uganda Registration Services Bureau URSB to discuss their long-standing relationship. The key points of discussion included: 1. Collaborative efforts to formalize small and medium enterprises (SMEs) in Uganda. 2. Raising awareness among companies about intellectual property. 3. Educating the youth on protecting digital content in today’s digital age. 4. Establishing a business innovation hub to support innovators and foster cutting-edge inventions. Both organizations committed to working together to help SMEs formalize their operations through registration, provide resources through the business innovation hub, and raise awareness about intellectual property. #SBILPartnerships

Discover how to leverage the digital landscape to fuel your SME’s growth. In this edition, we dive into hands-on insights from the energy sector, spotlighting the incredible journey of rising stars like 360 Branding. Read our newsletter to get ready for a powerful finish to 2024 and arm yourself with the insights you need for a winning 2025. #SBILNewsletterQ3

Are you an MSME in Uganda’s agricultural value chain? We’ve partnered with U.S. African Development Foundation (USADF) to offer grant funding of up to $40,000 to boost your business capacity and commercial investment readiness. Eligibility: Privately owned, registered, and operating in Uganda. Priority given to women- and youth-owned enterprises. Apply by November 22, 2024. Apply here: https://lnkd.in/gyYhi3Rd #StanbicBizIncubator

As part of our Client Service Month (#LoveMonth), we’re highlighting businesses that have thrived through our programs. Julian faced challenges in transitioning her corporate knowledge into entrepreneurship, but with the help of the #NSSFHiInnovator program, she gained essential skills to succeed. Through this initiative, she was able to apply practical knowledge, access valuable networks, and leverage resources that fueled her business growth. Today, Julian’s story stands as a testament to the power of the #NSSFHiInnovator program in transforming entrepreneurial dreams into thriving realities. #StanbicIncubatorImpact National Social Security Fund Outbox Uganda Mastercard Foundation

"I didnt have trainning in a business related course and everything i learnt about business i had self taught" Watch Pauline from Skoolies share how she restructured her business and is successfully managing her operations today. #StanbicLove | #StanbicIncubatorImpact

As part of our Client Appreciation Month (Love Month), we hosted a session titled "Risk Management & Resilience: Leaving No One Behind." Entrepreneurs, industry experts, and stakeholders discussed key business challenges in Uganda, such as access to finance, high taxes, technological barriers, and regulatory compliance. Keynote speaker Peninah Aheebwa, Director of Economic and National Content Monitoring at the Petroleum Authority of Uganda, highlighted emerging opportunities in Uganda’s entrepreneurial landscape. A panel discussion featuring industry leaders, including Harold B. Ssemalwadde, Josh M., Timothy Murungi, and Denis Kamira Tusubira, offered valuable strategies on resilience, risk management, and adaptation. The event underscored inclusive strategies for SMEs, particularly women and youth. Attendees had the opportunity to network, exchange ideas, and explore collaborations. As Stanbic Business Incubator, this event reinforced our mandate: "Uganda is our home, we drive her growth." We will continue supporting SMEs through access to finance, markets, and business skills. #SBILNetwork2Networth

Today, our Chief Executive, Catherine A Poran, attended a pivotal session at the Parish Development Model (PDM) Financial Inclusion Strategic Planning Retreat in Kampala. She shared effective strategies for leveraging business development services to enhance local economies under the PDM initiative, contributing to shaping robust policies that will drive Uganda's economic growth. Catherine emphasized that, in line with our commitment to financial inclusion and community empowerment, SBIL will explore partnering with the government to strengthen the performance of the PDM Supervisory layer, specifically the District Commercial Officers. #SBILImpact

Happy Independence Day, entrepreneurs. #UgandaAt62

Happening Now: The @SBIncubatorUG is conducting financial literacy and leadership training for 400 SACCOs/VSLAs, targeting 1,200 leaders across 11 districts in North and Central Uganda. The goal is to build leadership capacity for lasting financial impact. #StanbicSACCOs

Today, together with Stanbic Bank Uganda and SBG Securities Uganda, we visited the BLESS A CHILD FOUNDATION, an NGO supporting children with cancer. As part of our commitment to SMEs, we extend our support to the families where these SMEs are nurtured. We donated UGX 5,000,000 to assist in their efforts to care for these brave children. Together, we stand for hope. #StanbicLove