Inclusivity
Success Stories

Inclusivity
Success Stories

Feedback from participants on the programme

The company processes sunflower cooking oil.

 

Business Academy feedback: I learned about financial models that enabled me to structure my finances and make sound business decisions.

 

Impact of funding: With the funding from the Hi-Innovator programme, we bought an oil centrifuge that has reduced production time from 5 to 2 days.

Awello Grain millers (Located in Oyam district)

Proprietor: James Ebuk

The company produces eco-friendly brushes using local resources such as cow tails.

Impact of funding: The Hi-Innovator programme opened up new opportunities to attract local and foreign investors. In addition, they managed to secure a 5-year lease for factory space.

Deploy Resource Africa (located in Bweyogerere)
Proprietor Enoch Muwanguzi

Deals in rabbit farming for meat and provision of organic fertilizers from rabbit urine.

 

Business Academy feedback: The programme enabled us to identify key areas for investment to help scale our business.

 

Impact of funding: We bought machinery that enabled us to improve process efficiencies and increased the production capacity of yoghurt from 500 litres to 1000 litres.

Ntakye Holdings (Located in Mukono Katosi)
Proprietor Allan Ntale

Processors of soybean into nutritional products such as yoghurt and tofu.

 

Business Academy feedback: Learned lessons from real-life Ugandan businesses.

 

Impact of funding: We invested in infrastructure development that included the installation of cages, solar panels and an upgraded water harvesting system.

investors. In addition, they managed to secure a 5-year lease for factory space.

Smart foods (Located in Masanafu)
Proprietor: Martin Ssali

 

Feedback from participants on the programme

The company processes sunflower cooking oil.

 

Business Academy feedback: I learned about financial models that enabled me to structure my finances and make sound business decisions.

 

Impact of funding: With the funding from the Hi-Innovator programme, we bought an oil centrifuge that has reduced production time from 5 to 2 days.

Awello Grain millers (Located in Oyam district)

Proprietor: James Ebuk

The company produces eco-friendly brushes using local resources such as cow tails.

Impact of funding: The Hi-Innovator programme opened up new opportunities to attract local and foreign investors. In addition, they managed to secure a 5-year lease for factory space.

Deploy Resource Africa (located in Bweyogerere)
Proprietor Enoch Muwanguzi

Deals in rabbit farming for meat and provision of organic fertilizers from rabbit urine.

 

Business Academy feedback: The programme enabled us to identify key areas for investment to help scale our business.

 

Impact of funding: We bought machinery that enabled us to improve process efficiencies and increased the production capacity of yoghurt from 500 litres to 1000 litres.

Ntakye Holdings (Located in Mukono Katosi)
Proprietor Allan Ntale

Processors of soybean into nutritional products such as yoghurt and tofu.

 

Business Academy feedback: Learned lessons from real-life Ugandan businesses.

 

Impact of funding: We invested in infrastructure development that included the installation of cages, solar panels and an upgraded water harvesting system.

investors. In addition, they managed to secure a 5-year lease for factory space.

Smart foods (Located in Masanafu)
Proprietor: Martin Ssali

 

Achievements against performance measures

The table below illustrates achievements during FY2022

Description FY2021 Outcomes (by end of June 2021) FY2022 outcomes (by end of June 2022) FY2022/23 Targets (to be achieved by June 2023) FY2025 Targets
  • The Hi-Innovator Programme is an entrepreneurship initiative of NSSF that aims to build an effective entrepreneurship ecosystem for entrepreneurs looking to grow their Small and Growing Businesses (SGBs) into titans of the industry
  • Seed funded zero given that we were building a pipeline through training
  • Trained 2,216 entrepreneurs
  • On-boarded a total of 7 hubs
  • Did not track jobs as we did not seed fund any entrepreneurs
  • Seed funded 27 businesses
  • Trained additional 6,000 entrepreneurs, bringing a total to 8,216 entrepreneurs
  • On-boarded 3 new hubs, bringing the total to 10 hubs
  • Created and sustained 20,950 jobs
  • Seed fund additional 100 businesses
  • Train additional 10,500 entrepreneurs
  • On-board additional 5 hubs
  • Create and sustain additional 21,000 jobs
  • Extend Seeding funding and technical support to 500 Small and Growing Businesses, and support 100 to scale
  • Train 75,000 entrepreneurs with basic entrepreneurship knowledge
  • On-board and capacity build 20 hubs to continue support of entrepreneurs in the ecosystem
  • Create and sustain 132,000 jobs with a deliberate effort to extend opportunities to 70% of women in this portfolio
BUDGET FOR HI INNOVATOR PROGRAMME
Description
Amount in USD
Totals in USD
  • Annual Budget FY2021/22
  • 1,087,157
  • Seed Funding of 27 businesses $20,000 each
  • Programme Support
  • 540,000
  • 192,468
  • Overall Expenditure (Seed funds +Programme support)
  • 732,468
  • Percentage utilisation of allocated funds FY2021/22
  • 67%

Critical success factors for inclusivity

  • Increase the percentage of women on our Board and in senior positions
  • Identify additional small growing businesses to benefit from the Hi-Innovator Programme
  • Equipping entrepreneurs with the required skills and knowledge for long-term business success

Achievements against performance measures

The table below illustrates achievements during FY2022

Description FY2021 Outcomes (by end of June 2021) FY2022 outcomes (by end of June 2022) FY2022/23 Targets (to be achieved by June 2023) FY2025 Targets
  • The Hi-Innovator Programme is an entrepreneurship initiative of NSSF that aims to build an effective entrepreneurship ecosystem for entrepreneurs looking to grow their Small and Growing Businesses (SGBs) into titans of the industry
  • Seed funded zero given that we were building a pipeline through training
  • Trained 2,216 entrepreneurs
  • On-boarded a total of 7 hubs
  • Did not track jobs as we did not seed fund any entrepreneurs
  • Seed funded 27 businesses
  • Trained additional 6,000 entrepreneurs, bringing a total to 8,216 entrepreneurs
  • On-boarded 3 new hubs, bringing the total to 10 hubs
  • Created and sustained 20,950 jobs
  • Seed fund additional 100 businesses
  • Train additional 10,500 entrepreneurs
  • On-board additional 5 hubs
  • Create and sustain additional 21,000 jobs
  • Extend Seeding funding and technical support to 500 Small and Growing Businesses, and support 100 to scale
  • Train 75,000 entrepreneurs with basic entrepreneurship knowledge
  • On-board and capacity build 20 hubs to continue support of entrepreneurs in the ecosystem
  • Create and sustain 132,000 jobs with a deliberate effort to extend opportunities to 70% of women in this portfolio
BUDGET FOR HI INNOVATOR PROGRAMME
Description
Amount in USD
Totals in USD
  • Annual Budget FY2021/22
  • 1,087,157
  • Seed Funding of 27 businesses $20,000 each
  • Programme Support
  • 540,000
  • 192,468
  • Overall Expenditure (Seed funds +Programme support)
  • 732,468
  • Percentage utilisation of allocated funds FY2021/22
  • 67%

Critical success factors for inclusivity

  • Increase the percentage of women on our Board and in senior positions
  • Identify additional small growing businesses to benefit from the Hi-Innovator Programme
  • Equipping entrepreneurs with the required skills and knowledge for long-term business success
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