Ugandan SMEs show their growth potential to international investors during the Impact Investment Trip

Ugandan SMEs show their growth potential to international investors during the Impact Investment Trip

From Monday 20th of March till Friday 24th of March, investors from the Netherlands, Kenya, the USA and Australia were in Uganda to visit a selected number of promising Ugandan entrepreneurs. The businesses that had been selected by BiD Network operate across sectors, Agriculture, Health, Fintech, Renewable Energy and Waste and have a few things in common: they have a proven business model, a competent management team and the potential to scale.

Investing in Ugandan SMEs

During the 5-day visit, the investors met and discussed with the entrepreneurial teams of the businesses of their choice. The program was designed to give the investors a full grasp of the Ugandan entrepreneurial eco-system. Besides visiting the selected businesses, the investors met with the Ugandan Investment Authority, were part of a networking event with banks, local investment funds and business angels and they met with seasoned entrepreneurs and investors.  All of this to show the international investors the potential of investing in Ugandan enterprises. As one of the entrepreneurs of the trip said: “The experience with BiD Network has been invaluable. I especially liked the business development workshops and sessions with the industry guru from the Netherlands. Investment will be a bonus”. Following this trip, investment deals are in the pipeline!

Join our upcoming investment trip in September

BiD Network is hosting the next Impact Investment Trip to Uganda in September of this year. Do you want to get a behind the scenes look at doing business in East Africa and explore investment opportunities first-hand? Join like-minded investors and business angels and explore Ugandan business opportunities in a fun and exciting way! Read more about the trip or contact Laura Smeets (laura.smeets@bidnetwork.org).

Do you want to grow your business?

Our investors are looking for growing SMEs with a strong entrepreneurial team, proof of market, scalable model, social impact and an annual turnover of at least 100k USD. Are you such an entrepreneur looking for investment? Find out if you can become one of our growth SMEs! As one of our growth SMEs you will get the opportunity to prepare your enterprise for investment with the help of experts in our tailor-made business growth support. After receiving support, you get the opportunity to pitch your ideas to international investors during our next investor trip in September! Get in touch with Clare Byaruhanga (clare.byaruhanga@bidnetwork.org) for more information.