The Youth Startup Academy Uganda project, financed by the Korea SMEs and Startups Agency (KOSME), is being implemented in Uganda. The project’s goal is to incubate 1,000 young entrepreneurs by 2024.
To fulfill the goal, it will select one existing incubation hub in Kampala, Uganda and then set-up YSAU in the hub by upgrading infrastructure and programmes. Throughout the project term, the project will run 4 cycles of incubation programme which consist of group training, mentoring and consulting.
The project will work with the Uganda government of Uganda (Ministry of ICT, Ministry of Trade, National Information Technology Authority of Uganda), Korean Government (Ministry of SME and Startups, KOSME) and startup ecosystem in the other countries to provide an opportunity for Ugandan young entrepreneurs to grow in the global market.
O-Farms is a business accelerator initiated by Bopinc and Village Capital, in partnership with IKEA foundation, with the goal of making circularity a mainstream approach for improved livelihoods and sustainability. For implementation of the accelerator activities in Uganda, O-Farms is teaming up with Hive Colab.
The agricultural value chains generate many losses and byproducts that are often disposed as waste, making agriculture the most relevant sector to leverage on for opportunities of a circular economy in Uganda.
The Crops (Oil and nut crops, root crops, pulses, plantains, cereals and grains, horticulture-fruits and vegetables and industrial crop processing), livestock (Cattle, goats, sheep, pigs and poultry) and fisheries (Nile perch and tilapia) sub-sectors generate considerable waste and have huge potential for circularity with tremendous business opportunities to produce animal feed, human food or food supplements, biodegradable packaging for food and beverages, bioenergy and organic fertilizers and compost.
What we are looking for in applicants?
Hive Colab is looking for a diverse cohort of SMEs building innovations or business models for bringing agricultural food losses, or by-products back into the food system for:
- Processing into ingredients for food for human consumption
- Processing into ingredients for animal feed, organic fertilizer or compost and bioenergy generation
- Processing into biodegradable packaging materials for food and beverages for the food industry
- Processing into organic fertilizer or compost as inputs for agricultural production
- Processing for Bioenergy generation for agriculture value chains