Kabale University has opened a business incubation center valued at 1.058 billion shillings with support from the African Development Bank and United Nations Development Programme to foster youth innovation and women-led enterprises across the Kigezi Sub-region. Vice Chancellor Joy Kwesiga explained that the facility emerged from discussions with former UNDP country representative Elsie Attafuah, who encouraged the institution to develop a refined proposal for converting student concepts and local innovations into sustainable ventures.
The center will deliver entrepreneurship guidance, skills training, research commercialization and community outreach through combined equity and fee-based models designed to nurture startups toward financial independence. UNDP country representative Nwanne Vwede Obahor praised the university leadership for their collaboration while noting Uganda Development Bank's participation in a potato value chain program operating within the facility.
Obahor expressed confidence that the incubation hub will serve regional students, farmers and small enterprises as Uganda pursues agro-industrialization targets under its fourth national development plan. Permanent Secretary Kedrace Turyagyenda indicated through a representative that the center addresses gaps between academic instruction and practical business development.
The center will deliver entrepreneurship guidance, skills training, research commercialization and community outreach through combined equity and fee-based models designed to nurture startups toward financial independence. UNDP country representative Nwanne Vwede Obahor praised the university leadership for their collaboration while noting Uganda Development Bank's participation in a potato value chain program operating within the facility.
Obahor expressed confidence that the incubation hub will serve regional students, farmers and small enterprises as Uganda pursues agro-industrialization targets under its fourth national development plan. Permanent Secretary Kedrace Turyagyenda indicated through a representative that the center addresses gaps between academic instruction and practical business development.