We believe that a growing SME sector which creates sustainable jobs is the most powerful driver of social and economic development that truly improves people’s lives. The measure involves allowing employers to reschedule their social security contributions for the next three months without accumulating a penalty. Uganda records her first case of the Coronavirus. On 26th May 2020, UNCDF approved UGX 830 Million towards the new Small Business Recovery Fund to help SMEs in Northern Uganda secure money to overcome their liquidity problems. Your Loan gets posted on their website for lenders to support your business in these uncertain times. Funding Opportunity Description … About 228 new jobs have been created, and business owners who have received grants have recorded a 3% sales increase in their businesses. 3. Uganda’s ecosystem is now included in the 2020 Global Start-up Ecosystem Report (GSER). There is a presidential directive to deduct these cases from the total cases. Small Grants in Uganda. We’ve included links to their websites and descriptions of their funding interests. 3. Post was not sent - check your email addresses! The U.S. Mission in Uganda is offering project grants from $5,000 to $40,000 to NGOs Deadline: 15-Apr-21 The U.S. Mission in Uganda’s Public Affairs Office is pleased to announce that funding is available through the Public Diplomacy Grant Program for projects ranging in value from $5,000 to $40,000. We actively communicate and engage with key government departments and decision makers on the issues impacting micro, small and medium sized enterprises. All you need to do is qualify for these grants! Eligible businesses located in BGE’s service area can apply for a $20,000 BGE Energizing Small Business Grant. Commercial banks approved more money in May compared to April with manufacturers receiving the biggest chunk of the loans than any other the sector, the Ministry of Finance has said in the performance of the economy report for June 2020. Uganda Development Bank (UDB) in partnership with European Union (EU) has allocated an approximate pool of UGX 61.8 Billion (UGX 40Bn UDB loan plus UGX 21.8Bn EU Grant) in form of a grant attached to a loan (also known as ‘facility’) to enable the sector soar through the hardship of COVID19. The facility seeks to stimulate businesses operating in the tourism sector, which has been heavily impacted by COVID-19 by providing a grant and soft loan with flexible terms aligned to the current needs. Loans & Grants – business funding for small, medium & big business grant. Sorry, your blog cannot share posts by email. Real estate. Grant size: Small grants up to GHS 200,000 over 12 months; Large grants up to GHS 600,000 per year over 33 months total Closing date: 18 January APPLY HERE. Easing to start in 2 weeks after free mask distribution. Eligible small businesses are located in District 2 of Miami-Dade County. Private cars allowed to move from 26th May. Evelyn Anite, the State Minister of Finance for Investment and Privatization highlighted that MOFPED  is working on economic resilience packages. Salesforce Care Small Business Grants. United States Mission to Uganda Political and Economic Section – Small Grants office Community Grants fall into one of two categories: 1. On the other hand Small Enterprises employ between 5 and 49 and have total assets between UGX 10 million but not exceeding 100 million. Your Opinions and Questions Matter. Grants, and Training on Small Businesses in Uganda Millions of people make their living running microenterprises, but these businesses typically fail to expand or provide more than subsistence-level income to their owners. Small business grants for women are a great opportunity for women in business to secure funding. Kiva now has a presence in almost all African countries. Support for OVC: (children under age 18 with one or both parents deceased, whether to HIV/AIDS or other causes or who are … Getting Started With a young and rapidly growing population, extremely productive agricultural lands, a nascent oil sector, and a strategic location in the heart of East and Central Africa, Uganda offers great economic potential. Business grants are small amounts of seed money that further the goals of an organizations. Print On-Demand (POD) Online Business UIA Acting Director General, Mr Lawrence Byensi shared the findings and next steps. Uganda lockdown extended by 21 days until 5th May 2020.All previously announced measures stay in place. In order to streamline our application process, AWDF is currently accepting proposals online. This local grassroots organization is led by community leader Mary Oten, and operates on a bare bones budget. The size of these grants mostly depends upon the type of donor agencies which is offering them. Millions of small businesses could be eligible for new or beefed-up grant programs if some of the provisions in the House-passed Covid-19 relief bill become law. Businesses in the retail, hospitality and leisure sectors are to receive a one-off grant worth up to £9,000, the Chancellor has announced. Real estate. Kiva started out listing just seven Ugandan entrepreneurs as applicants, and has since brokered $2.5 million in loans to thousands of businesses. The social lending site Kiva allows lenders to give to a specific entrepreneur in a poor or developing country. Loans and grants for small and big business: Provides small, short-term loans to small business. It’s now possible for someone in the United States to make a small mini-loan directly to a person in need overseas. If you are a FundsforNGOs Premium Member, you can download this document instantly by logging in here . Biden's American Rescue Plan includes $15 billion in small business grants and $35 billion for small business financing programs. In addition to this, Team Europe will be providing a total of 125 million euro  of concessional loans and new lines of credit in support of the private sector. EU funding opportunities for small businesses Let’s get started! Not only do they provide a website with free basic grant “how-to” tips and a free grant report that lists available opportunities across the country, but they also run a small funding component, awarding $500 to a different woman-owned business each month. The goal of these funds is to assist and encourage communities in becoming self-reliant, improve basic socio-economic conditions, decrease the impact of the global AIDS pandemic, and create opportunities for a brighter future for orphans and vulnerable children. 14 day lockdown effective 31st March and daily curfew from 7:00pm - 6.30am. Large international donors can refer small grants to any amount below US $50,000 but a few small and medium-sized NGOs prefer to call grants between $1000 and $10,000 as small grants. As an independent voice for the SME sector in Uganda, FSME’s objective is to represent and lobby for the needs of its members. The grant agreement was signed by Ba During the just concluded UIA E-conference, Hon. Men who received loans and small business management training greatly increased their profits by 58 percent six months after the program ended, and slightly more three months later. The International Fund for Agricultural Development (IFAD), Postbank of Uganda (PBU) and Posta Uganda signed a grant agreement today aimed at expanding the role of postal networks in the delivery of remittances and access to financial inclusion across the country. For bigger projects, Echoing Green makes grants to social entrepreneurs. The Bank of Uganda (BoU) has threatened to cap the interest that commercial banks can charge borrowers, after the industry failed to reduce loan rates in response to cuts in benchmark rates, according to a letter from its governor. Recent Echoing Green Finalists includes individuals and projects in Kenya, Equatorial Guinea , Nigeria, Sudan, Tanzania, Ghana, Ethiopia, Zambia and Uganda. In Uganda a ‘Micro Enterprise’ is an enterprise employing up to four people, with an annual sales/revenue turnover or total assets not exceeding Uganda shillings 10 million. It awards grants ranging from $8,000 up to $50,000. In Uganda, Team Europe’s immediate contribution to the fight against the COVID-19 crisis totals 53 million euros of grant support. There are over 100 small profitable business you can do in Uganda in the year 2017.As you know, employment is not assured in our country, so the best way to survive is by starting a business with as little as what your pocket can afford. With a capital of between $10,000 and $50,000, you can start a real estate business by offering low-cost houses for sale. On this page you will find details on the following topics. Loans are typically up to $2000. The webinar dates are announced on a rolling basis with focus on Financial Forecasting and Cost Management in an Economic Slowdown. Applicant’s business has a turnover of less than US$ 15 million and assets less than US$ 6 million; Applicants require financing between US$ 100,000 and US$ 1.5 million; The business is owner-operated and/or the owner is substantially involved in running the business; How to Apply. If you have some ideas of potential funders--maybe you've heard the names of foundations that fund in the geographic area where you want to work--you can go to foundation's website. Grants, and Training on Small Businesses in Uganda Millions of people make their living running microenterprises, but these businesses typically fail to expand or provide more than subsistence-level income to their owners. Established in 1992, the year of the Rio Earth Summit, the GEF Small Grants Programme embodies the very essence of sustainable development by "thinking globally acting locally". The internet giant Google has put together a bundle of free online resources to help SME’s improve their digital skills and online presence. Kindly leave your comments below and we shall attend to you promptly. These grants will support small businesses as they work to replenish materials, pay salaries, or adapt their business model to overcome these challenging times. With so many emergency grants available to small businesses, it’s hard to narrow down the options. The award is worth between $5000 and $15000. In a meeting with the Ministry of Finance, in March 2020, the Uganda Manufacturers Association (UMA)  committed to use up to 7.3 Million litres of alcohol in the stores of their members to produce affordable sanitisers. According to the report, commercial banks approved 589 billion Shillings loans in May compared to 491 billion Shillings approved in April. Keeping in view the advantages of small grant money, we have developed a list of foundations and other types of donors that regularly offer small grants to NGOs around the world. Uganda’s population density has doubled in the past 20 years and is expected to double again over the next 20 years. Laywers, Wholesale merchants,Hardware shops,  Mechanics, metal, and woodwork workshops allow to operate. The GEF Small Grants Programme (SGP) is excited to announce the start of its new operational phase - Seventh Operational Phase from 2020 to 2024, with a revamped strategy … The Ministry of Tourism has negotiated a 6m Euro (25.2 billion) stimulus package from the European Union towards the private tourism sector for post lockdown operations. Your business operates in one of the following countries: N igeria, Ghana, Senegal, Ivory Coast, Egypt, South Africa, Kenya, Tanzania, Rwanda, Uganda; Your business is for profit; Your business has a turnover of less than US$ 15 million and assets less than US$ 6 million; You require financing between US$ 100,000 and US$ 1.5 million Here Are The Top 30 Small Business Ideas For Beginners In 2021 01. Open air activities of sports will re-open provided there are no spectators and the players are tested for Covid-19, 72 hours before. Lockdown extended by 14 days until 2nd June 2020. The Small Grants Program at U.S. Mission Uganda consists of two small-scale development funds. The application for U.S. businesses is now closed. Uganda: African Development Fund approves $71.5 million in loans for road upgrading project 04-Dec-2020 - The Board of the African Development Fund (ADF) has approved a loan of $71.5 million to pave sections of two roads in southwestern Uganda, a project expected to boost livelihoods, school attendance and rural connectivity. Applicants can apply via given website. The Uganda Revenue Authority announced various continuity measures including extending the deadlines for filing of returns, accepting installments, waiving penalties etc. Uganda has announced incentives to kick-start tourism recovery amid the COVID-19 pandemic that heavily impacted on the sector. In April 2020, Uganda Investment Authority initiated an online  survey to determine the impact of Covid-19 on investments and businesses in Uganda. A growing market, active tech hubs and government initiatives  are good reasons for a start-up to move to Uganda. List of Best Business To Do With Small Capital in Uganda in 2017. by venas December 18, 2016. BGE is pledging $15 million to assist Maryland’s small businesses with COVID-19 relief and recovery. It is an ICT manufacturing concern based at Uganda Investment Authority-operated Kampala Industrial and Business Park in Namanve. In March 2020, Uganda had only two factories  making sanitizers compared to 107 factories today. Small Grants for Uganda NGO's. Some of these donor agencies have deadlines – so organizations have to carefully look at the dates before applying to them. She mentioned that the relief will be channeled through Uganda Development Bank and the Microfinance Support Centre for SMEs. The minimum PCLG small grant you can apply for is USD$ 500. These grants are extremely flexible and also easy to apply and win them. Small business grants are an easy way to access the funds you need to boost your business. Zante Finance Solutions Limited Gunga, Mukono Municipal, Mukono Zante Finance Solutions Limited was incorporated as LLC in Uganda in 2018 with the aim of availing funds to small businesses and individuals to facilitate growth (money lending). To enter, you’ll need to deliver your elevator pitch, as well as how your business makes a difference to your community or the environment. If your business has a property with a rateable value of £15,000 or less, you may be eligible for a cash grant of £1,334 for the 28-day qualifying restrictions period. Grants for Small Farmers. Welcome to Ugfacts.net. Recent Echoing Green Finalists includes individuals and projects in Kenya, Equatorial Guinea , Nigeria, Sudan, Tanzania, Ghana, Ethiopia, Zambia and Uganda. African Management Institute (AMI) is offering a free online bootcamp to help companies adopt to the new normal. More than half of the direct beneficiaries are women. Call for Proposals for Grants for Ugandan Farmers The Agricultural Business Initiative (aBi) is a multi-donor entity devoted to private sector agribusiness development. The report includes data and insights from 45+ ecosystems globally, now including the Ugandan Ecosystem. Start-up Genome is a world leading policy advisory and research organisation for public and private partnerships devoted to growing the success of start-up ecosystems. We help entrepreneurs succeed by providing them with business loans and business support (expert advice and continuous guidance) to grow their businesses. Grants of up to $10,000 to Florida small businesses in eligible locations to promote economic development. Instead of institutions lending money to you, an individual(s) lend money to you via Kiva. Tony Elumelu Foundation Entrepreneurship Program The list includes 100 funders total, across all project areas. The PROSPECTS Programme in Uganda has launched small business grants towards resuscitation of micro and small enterprises run by refugees and host communities in Arua, Madi-Okollo and Isingiro districts that have been adversely affected by the government measures to control the spread of … The USADF focuses on Small holder Farmers, youths, women and girls, and recovering communities. 5 Small Business Coronavirus Grants Offering Free Money in 2021. For Bwire and Mubangizi, their milling business has not only grown, but it has expanded to command more than 90% of the market share for maize meal supplied to the Northern Uganda market, which is also their source market for grains. Additional actions are being planned, to ensure continuous support in the months to come. Ambassador’s Special Self-Help (SSH) Program Launched in 1964 in Togo, the Ambassador’s Special Self-Help Program is a unique mechanism that enables U.S. embassies around the world to support small-scale community-based initiatives that promote self-reliance, foster development, and promise an immediate and dramatic effect on local communities. Fintech is a regional sub-sector strength of Uganda. Private cars allowed to carry maximum 4 passengers in compliance with earlier directives. Uganda created $57 million in Ecosystem Value over the last 2.5 years. The Funder Information Has Been Stored in the Form of a Trello Board. In turn, government has committed to support their effort at maximum production by waivers on VAT and excise duty waivers. On the other hand Small Enterprises employ between 5 and 49 and have total assets between UGX 10 million but not exceeding 100 million. Easing extended to select border districts. Prior to the pandemic, all masks were imported however Uganda now boosts of more than 10 large scale manufacturers of medical-grade masks and several other Small and Medium Enterprise (SMEs) making non-medical masks. The Small Grants Programme also supports emergency issues, such as community disasters, or activities that require a rapid response. However, a few innovative enterprises are doing their best to turn this crisis into an opportunity – not only to keep themselves afloat, but also to help consumers and other businesses ride out the pandemic with as little pain as possible. As an independent voice for the SME sector in Uganda, FSME’s objective is to represent and lobby for the needs of its members. Uganda Development Bank (UDB) in partnership with European Union (EU) has allocated an approximate pool of UGX 61.8 Billion (UGX 40Bn UDB loan plus UGX 21.8Bn EU Grant) in form of a grant attached to a loan (also known as ‘facility’) to enable the sector soar through the hardship of COVID19. BoU cut its Central Bank Rate by 200 basis points to an all-time low of seven percent between April and June, to try to help jumpstart an economy battered by the impact of the coronavirus. Increasing market uncertainty has meant decreasing revenues for many small businesses. Women In Technology Uganda will be running a business plan competition that will provide micro loans of up to 1 million Uganda shillings to women owned businesses across Uganda.