Uganda: The Innovation Village springboards entrepreneurship

By : Melchior Koba

Date : vendredi, 26 mai 2023 12:00

The Innovation Village aims to create a new generation of entrepreneurs who solve industry and community challenges.  In addition to the collaborative framework it provides for its members, it organizes events and programs to facilitate their development.

The Innovation Village is a springboard for entrepreneurs and innovators that strive to solve Africa’s most processing problems. Founded by C.K. Japheth, in 2015, it is a coworking space that offers business incubation and acceleration services to start-ups.

It aims to foster the emergence of a wave of businesses that not only have a measurable impact on the world but also significantly improve the lives of everyone on the planet. The incubator targets startups in the agritech, insurtech, energy, edtech, fintech, tourism, healthcare, supply chain, manufacturing, and media segments. 

It implements several programs and initiatives, including the Uganda Innovation Week 2022, which brought together 1,000 participants, over 80 speakers, and more than 50 exhibitors. It also organizes the DataHack4Fi, an annual innovation competition that promotes evidence-based decision-making to improve the delivery of financial services to low-income people.

The incubator also organizes events to enable successful entrepreneurs to share their experiences. One such event is VILLAGE SOIREE, set to take place today, May 26. 

To date, it has supported 2,000 entrepreneurs, including 40% women, in six segments. It also boasts a community of 140 start-ups, over $3 million raised, and 100 events hosted. 

The startups it supported include Safepay, a digital payment solution for public transport users, UGIT Engineering and Consulting, a company offering consulting, engineering, and design services, and Infinity IcT Solutions, which aims to become a data center by providing quality information technology services.

Its partners for various activities include The Mastercard Foundation, Liquid Telecom, MTN, and UNCDF.

Melchior Koba


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