Private Sector Development
Recognising that the private sector is the key and main driver of economic growth while contributing to inclusive and sustainable economic development among young people, our approach to private sector development is three fold: Promoting entrepreneurship among young people, working to improve the business environment in rural communities and urban centres where majority of the youth in Uganda live and partnering to structure value chains to boast investments and involvement of young people in the private sector of their areas with an aim of reducing social and economic inequality which is currently a hallmark among the young people in the country.
Working with the government of Uganda sector ministries and agencies, together with the development community especially those with interest in private sector development, our focus and entry points are around the following grounds.
- Reinforcing enterprise resources, predominantly SMEs by strengthening their productive and managerial capacity. This will target providing vocational training, mentoring and coaching of young people in progressive managerial and operational skills that ensure sustainability of business enterprises. Our approach does not stop at skilling and mentoring, but goes further to link young people to financial institutions to access funds that will support the development of their businesses.
- Strengthening market functionality. Working with institutions, Government and development partners to provide market services for SMEs. This is mainly in spurring increased access to finance, Linkages with business support organisations, and linkages with Government programmes that support youth development in communities.
- Identifying opportunities to improve the implementation of public policy in the communities we work with, through the provision of targeted technical assistance and capacity building for policy-implementation and catalyse reforms and ways of working in order to attract investments.