Uganda Women’s Entrepreneurs Association Limited –UWEAL has launched a
fundraising drive of 25 billion shillings to construct an incubation facility to
help boost women’s businesses in Uganda.
Barbara Ofwono Buyondo, the Chairperson UWEAL says that the facility will be
constructed at Namave Industrial Park on a two-acre plot. According to Buyondo,
the facility will house up to 28 incubation spaces for new and high growth
women enterprises and 80 virtual incubation spaces.
also said that the centre will target over four million people.
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Buyondo says that the initiative of the incubation centre follows
studies that have shown varying results of challenges faced by women in their
The Chief Executive Officer, Connie Kekihembo says that
construction of the facility will commence in November.
says that it will comprise of three sections: agribusiness, ICT and the
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Kekihembo says the incubation centre is aimed at enabling women
entrepreneurs to access processing technology, business development, branding
and marketing and access to local, regional and global markets.
to the 2018 master card index of women entrepreneurship, it is estimated that
as of 2016, 163 million women were starting or running a business in 74
economies Uganda inclusive. The same report indicates that 33.8% of businesses
in Uganda are owned by women.