Call for Applications for Young Ugandan Entrepreneurs in the Hi-Innovator Program 2021

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Are you a young Ugandan Entrepreneur seeking to build your own chain of businesses?

Then apply for the Hi-Innovator Program 2021 for a chance to get funding to grow your business alongside professional and technical assistance and mentorship.

Application Deadline: Unspecified

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Benefits

  • Access to free professional & technical assistance throughout the process
  • Availability of funding to grow your business
  • Access & exposure to investors to scale your business
  • We shall provide you with up-to 30,000 USD in grant funding for your business. You will also receive tailored mentorship and business training. Furthermore, you will get access to Outbox’s network of partners to enable you to build your product to market.

Eligibility

  • Employees of NSSF, Outbox, other selected partner entrepreneurship support organisations and any individual involved in the Hi-Innovator program design, production, promotion, execution, distribution and any such individual’s immediate family or household, are not eligible to participate in this initiative.
  • Your application must be submitted through the Hi innovator website and idea management system. Applications received by email, WhatsApp or in person will not be accepted.
  • The business should at least have launched a product or service to market and received early customer feedback with some revenue (at least UGX 20 Million in the previous two years). 
  • The business should have been legally and actively operational for at least two years and should not have raised more than UGX 1 billion in either grant, convertible grants, venture capital or Private Equity at the time of submission.  
  • You must have a fully registered business with Uganda Registry Services Bureau (URSB), Uganda Revenue Authority (URA) and The National Social Security Fund (NSSF). 
  • The Hi-Innovator initiative requires founder participation. All founding team members must commit to fully participate in at least 90% of the scheduled learning labs, and mentorship sessions in the initiative. Founding team members not fully committed to the initiative will not be accepted in the initiative, and their removal may render the remaining team ineligible for the program.  
  • All team members must be fully proficient in written and spoken English.
  • You must be a Ugandan national OR a non-national currently living and working in Uganda up-to-date work permits. Non-Ugandans should be running a business that includes a Ugandan in an ownership and decision-making role to be considered. 
  • Founding teams of individuals that are above 18 years of age at the time of the application and who are resident in Uganda. The initiative will only accept teams of at least 2 founding individuals. A team of one founding individual will not be considered. This is anchored on the fact that best businesses require teamwork and collaboration to scale and remain sustainable.

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Application Instructions

How it works.

Our business ecosystem focuses on access to entrepreneurial knowledge, mentoring, funding, and technical assistance to help you build capacity within your Small or Medium-sized Business.

  • Step 1

ASSESS YOUR NEEDS

Express your interest in receiving our funding & technical assistance.

  • Step 2

JOIN OUR PRE-ACCELERATOR

The pre-accelerator is the first step in the Hi-innovator initiative. It consists of a self-directed online learning platform with applied exercises to enable you to apply the skills you are learning to your business. The pre-accelerator enables entrepreneurs to prepare for the next phase of support known as the accelerator.

  •  Step 3

ACCELERATE & PITCH

The accelerator is a six-month business support process where you receive funding, technical assistance, business development, business training and market development support to enable you to grow your business. It is the second phase in your Hi-innovator journey.

Click here to join

About the Hi-Innovator Program

Hi-Innovator is an initiative aimed at supporting youth, Small and Medium-sized Businesses to sustainably grow through entrepreneurship education, funding, and technical support.

The NSSF Hi-Innovator seeks to give visibility to small and growing businesses so as to help them secure seed funding, receive technical assistance and build partnerships for their growth. Under the Hi-Innovator initiative, NSSF and its partners will link potentially profitable and sustainable businesses that can drive positive social change and returns to investments with funding of up to Uganda Shillings 75 Million. Through this initiative, the fund will also convene potential local and foreign stakeholders in Uganda that can invest in the potential of local entrepreneurs.

Key Dates and Order of Program

Deadline for application is unspecified.

  • An independent panel of judges, known as an Advisory panel will determine the winners.

Networking and Partnership Opportunities

  • You will get access to Outbox’s network of partners to enable you to build your product to market.
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Emmanuella Igomu is a content writer at Camberene. She is a communication enthusiast currently studying Mass communication, where she majors in Public Relations and Advertising. Emmanuella sometimes doubles as a brand promoter/online marketer and hopes to intern in a public relations/advertising agency or online marketing department in the near future.

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