3 Ugandan startups win funding from Mastercard

Three Ugandan startups have been announced among 15 African social enterprises that won the 2019 Resolution Social Venture Challenge.

The Challenge is supported by Mastercard Foundation and the Resolution Project.

A total of 31 teams of Mastercard Foundation Scholars competed in the Challenge for a fellowship that includes seed funding, mentorship, and access to a network of young global changemakers to pursue impactful projects in their communities.

The three Ugandan startups are AgriSan, GenFarm Financial Enterprise, and Pura Vida.

“These young leaders demonstrate the courage and creativity it takes to drive social change. Yet few have access to the support and resources they need to ensure their project or social venture is successful,” explains Ashley Collier, Senior Program Manager, Youth Engagement at the Mastercard Foundation.

AGRISAN

Based in Pallisa District, AgriSan aims to establish a community market garden for underprivileged rural women in the area.

The women will grow vegetables as a source of income and use leftover vegetables to fertilize.

In addition, the venture will teach women about savings strategies and other financial management skills to ensure their economic security.

It is a brainchild of Amanuel Eshete and Edith Naisubi.

GENFARM FINANCIAL ENTERPRISE

Based in Northern Uganda, GenFarm Financial Enterprise will empower smallholder farmers in Northern Uganda through financial literacy training, access to agricultural technologies, and end-to-end services that optimize crop yields and labor productivity.

The project will also develop strategies to improve market access for smallholder farmers’ agricultural products in Northern Uganda.

It is a brainchild of Allan Busuulwa and Arnold Katende.

PURA VIDA

Based in Gulu District, Pura Vida is tackling food insecurity in the Gulu District of Uganda by developing an innovative greenhouse and food drying system.

The prefabrication bamboo greenhouse will ensure families can grow food during the dry season, and dry their produce in the wet season-ultimately increasing their food security, health, and household income.

It was started by Grace Aguti and Peter Onyango.

Aside from the Ugandan startups, the other 13 were picked from Kenya, Cameroon, Rwanda, Zimbabwe, Senegal, Malawi, Lebanon, Ghana and Gambia.

The 15 will receive seed funding, mentorship, and access to a network of global changemakers to pursue impactful projects in their communities.

The Resolution Social Venture Challenge is a collaboration between the Mastercard Foundation and The Resolution Project and provides a pathway to action for socially responsible young leaders who want to create change that matters.

Collier further said: “By winning the Social Venture Challenge, these young leaders have earned the resources, network, mentorship, and capital they need to bring their ideas to life.”

(Featured Image: Edith Naisubi. Credit: AgriSan/Facebook)

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