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CEO@TechBuzzHub| Policy Lead@Startup UG |Startup Policy Champion| Entrepreneur| Entre-ship Policies Consultant| Startup Consultant| Innovator|Mentor|Author| TEF Fellow16| BSComp Sci |Digital&Biz Trainer| Children Fanatic
🌟 Startup Funding Vehicles (SFV) Project 🌟 This week we hosted the Flat6Labs a #Venture #capital firm investing in Africa on their roadshow in Uganda. It was a great moment sharing our progress Here's summary of the discussion From August 10th to October 1st, 2024, TechBuzz Hub - A global award winning coworking space has been championing the Startup Funding Vehicles (SFV) initiative where we are focused on creating local funding solutions and tackling the barriers startups in Uganda face when accessing financing. Through #Buz_Capital_Ventures, we aim to build a vibrant investment ecosystem that empowers local #Startups. Why SFV? ✔️ Open Ecosystem Project, pioneered by TechBuzz Hub ✔️ Raising awareness of why startups matter ✔️ Implementing activities to support and invest in startups The SFV progress and work has been as result of several meetings 💡 Inaugural Meeting Highlights: a) Introduction of the concept b) Insights into traditional methods like Friends, Family & Fools (3Fs) c) Emphasis on the need for a dynamic startup investment ecosystem 📋 Second & Third Meetings: 1. Baseline survey proposal presented to guide research 2. Strategies for sustainability 3. Recruitment of research assistants to support our efforts 📊 Fourth Meeting: (i) Progress: 60% of fundraising goal reached (ii)Ongoing research and recruitment of new members (iii)Capacity building through attending strategic ecosystem events AfriLabs Ministry of Finance Planning and Economic Development TechBuzz Hub @Uganda National Council for Science and Technology Major activity is around baseline survey research. 💡 State of Startup Funding in Uganda: Despite their potential, startups in Uganda struggle with funding access. We’re committed to bridging this gap through comprehensive research, including startups, funders, and other key stakeholders. This work is fast progressing but still needs joint efforts from the ecosystem as a whole. Want to join us in transforming the startup ecosystem? Express your interest here: https://lnkd.in/d3rV63S2 #QUESTION_ONE What are the active startup investor firms in Uganda? 💱 Ortus Capital 💱 SHONA Capital Ltd 💱 Finding XY 💱 First Circle Capital 💱 Nyota Capital 💱 Renew Capital #Add_others_you_know_of_in_the_comments! #QUESTION_TWO What are the active dev't partner networks supporting startups in Uganda? 🚀 Mastercard Foundation 🚀 United Nations Capital Development Fund (UNCDF) 🚀 International Trade Centre 🚀 Enabel 🚀 European Union 🚀 GIZ Uganda 🚀Konrad-Adenauer-Stiftung 🚀Japan International Cooperation Agency (JICA) 🚀Korea International Cooperation Agency (KOICA) 🚀UNHCR, the UN Refugee Agency 🚀 Save the Children International #Add_others_in_the_comments! #StartupFunding #Investment #TechBuzzHub #UgandaStartups #LocalFunds #Crowdfunding With Faten Aissi Eric Jagwara Baguma Nickson Christine Adong (BCOM - Accounting) Startup Uganda Sachin H. Roland F Ganafa Lillian Nanyunja Muleke Ediomu, MCIM Christine Namara