UMI, TechBuzz Hub, and Startup Funding Vehicles (SFV) Initiative have partnered to launch an innovative initiative aimed at strengthening Uganda’s local investment ecosystem. The partnership seeks to bridge the funding gap by educating and connecting local investors with entrepreneurs through bi-monthly Investor Knowledge and Learning webinars.

“Building a startup in Uganda has always been an overwhelming challenge,” said Keneth Twesigye, CEO of TechBuzz Hub. “Many entrepreneurs struggle with securing funding, leading to startup failures.” A 2022 report showed that 60% of small and medium-sized enterprises (SMEs) struggled to secure funding. By 2025, 53.8% of startups still cite access to capital as a major challenge.

To address this gap, SFV, in collaboration with UMI and TechBuzz Hub, has launched an educational campaign targeting investors and entrepreneurs. Their recent webinar attracted 144 participants, with Brenda Amony Yikii as the keynote speaker. SFV aims to expand investor networks, establish startup investment support centers, and diversify funding sources using private capital, crowdfunding, and grants.

“We are building a movement to unlock Uganda’s startup potential,” Twesigye stated. “I urge Ugandans to engage with SFV, attend our webinars, and be part of shaping the future of local investment.” This partnership represents a major step toward creating a self-sustaining investment ecosystem in Uganda, empowering startups and entrepreneurs to thrive without solely depending on foreign funding.

About UMI

UMI is a leading management development institution in Uganda, offering a range of academic programs, research, and consultancy services.

About TechBuzz Hub

TechBuzz Hub is a startup accelerator and innovation hub that provides resources, mentorship, and funding to early-stage startups in Uganda.

About SFV Initiative

The Startup Funding Vehicles (SFV) Initiative is a program aimed at strengthening Uganda’s local investment ecosystem by providing education, networking opportunities, and access to funding for startups and entrepreneurs.