Business

40 youth in Northern Uganda Get Shs144m for Start-ups

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40 youth from different areas of Northern Uganda are set to benefit from seed capital worth Shs144m for their businesses.

The United Nations Population Fund (UNFPA) has awarded 40 young people in eight teams from Adjumani, Arua, Yumbe, Moyo, Kitgum, Agago, Amuru and Lamwo to help them kick-start their social businesses.

“The businesses seek to address challenges faced by women, adolescents and youth in the areas of Sexual and Reproductive Health & Rights and Gender Based Violence,” Mr Alain Sibenaler, representative of UNFPA Uganda, said.

Each of the eight teams, he said, will receive funding, business training, mentorship and go-to market technical guidance courtesy of the Up Accelerate WAY (Women, Adolescent and Youth) edition.

Up Accelerate WAY edition is a health based social incubator developed by UNFPA in partnership with Outbox.

Going to rural areas

The initiative focused on West Nile and Northern Uganda. It challenged youth between the age of 18 and 30 years to develop innovative business solutions.

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