Leading egg producer in Eastern Uganda through innovative methods

Leading egg producer in Eastern Uganda through innovative methods

Leading egg producer in Eastern Uganda through innovative methods Sector: Agriculture Year of establishment: 2007 Turnover 2015: 200,000 USD Investment need: 150,000 USD    Product, market and potential The Company was established in 2007 with only 500 birds, the farm has grown its operations to over 17,000 birds mainly layers for egg production, the farm currently produces over 250 trays of eggs daily. In 2011, the Company diversified with a piggery unit currently housing 300 pigs and also offers capacity building training for youth and farmers in collaboration with AVSI an International NGO. The eggs are mainly sold in Eastern Uganda due to the high demand with some exports to Kenya while the piglets are sold locally to farmers for rearing and the mature pigs sold in the local markets for slaughter. The growth in the poultry subsector in the country has not been able to match the growing demand for the poultry products especially for local breeds both domestically and in the regional markets. Entrepreneur and Team The farm was established by a civil engineer by profession with over 10 years of experience in poultry farming. Currently the farm employs 20 permanent staff and over 30 casual laborers. Investment need The company seeks an investment of 150,000 USD. It intends to expand its business operations and invest in more poultry houses, increased number of layers so as to increase production from 250 to 500 trays of eggs daily. This will be achieved by increasing the current number of layers on the farm from 17,000 to 27,000. The growth in the eggs production will require capital investment in construction of...
Mixed farm enterprise using environmentally friendly innovations and a vibrant network of farmers

Mixed farm enterprise using environmentally friendly innovations and a vibrant network of farmers

Mixed farm enterprise using environmentally friendly innovations and a vibrant network of farmers Sector: Agriculture Year of establishment: 2000 (formally registered 2008) Turnover 2016: 670,000 USD (2015: 600,000 USD) Investment need: 250,000 USD Product, market and potential The company started out trading in cereals such as maize and sim sim and then expanded into livestock and fish farming in ponds and cages as well as production of fish fry.  The Company are currently the largest fish farm in Northern Uganda and supply fish to South Sudan, Western Kenya, Eastern Congo and Rwanda. The fish farm provides over 70% of the Company revenues and this is complimented with revenues from grains and livestock. The current market demand for fish outstrips the supply with customers requiring over 10 tonnes per week while the Company produces only 10 tonnes per month whilst utilizing only 20% of current capacity. Entrepreneur and Team The Company was founded by two youth who were looking to make a difference in the lives of farmers by offering fairer prices than the middlemen. They have since won national farming awards for their excellence in farming and are certified by the National Bureau of Standard. The Company has in the past gotten technical assistance from PUM experts to improve their farming methods. Investment need The Company’s revenue has grown steadily over the years with year on year growth of over 20% for the last four years. The largest cost in fish farming is the fish feeds so the company is looking to procure fish feed pelletizing machines to produce their own cheaper and better quality feeds. The Company is...
Dried fruit and pasteurized fruit juice company

Dried fruit and pasteurized fruit juice company

Dried fruit and pasteurized fruit juice company Sector: Agro-processing Year of establishment: 1994           Turnover: 100,000 USD – 150,000 USD Investment need: 225,000 USD Product, market solution and potential The company was incorporated in 2008, it was the first company to pasteurize juice in Uganda, and in 2015 the company become organically certified and is now supplying organically dried fruit to the USA. The company makes banana juice, orange juice, pineapple juice and a tropical fruit punch and for the dried fruit the company makes pineapple, jackfruit, papaya and banana and they plan to do mango as well. The biggest demand is in dried fruit which takes up 75% and juice 25%. The Company currently has more market demand than current capacity allows and is looking to increase its capacity by 18-36MT dried fruit per month. Entrepreneur and Team The company is family owned with 70% shares with an American investor who has 30% shares; they are assisted by a manufacturing engineer, a food scientist in charge of processing and a certified accountant with an MBI and 23 other employees. Turnover and Investment need The turnover in 2015 was between 100,000 USD – 150,000 USD and the company is looking for an investment need of 225,000 USD for a new building that will cost between 60,000 USD – 75,000 USD and the rest of the money would go to new dryers, extension workers, more personnel and also another vehicle. Impact The company has the following positive impacts; The company has trained and works with over165 farmers in producing organically certified fruits. The Company is a member of the organic and...
Clean energy from agricultural waste

Clean energy from agricultural waste

Clean energy from agricultural waste Sector: Renewable Energy Year of establishment: 2015 Turnover: Post Pilot stage Investment need: 500,000 USD Product, market solution and potential The company was incorporated in 2015 with the main aim of delivering affordable, reliable and productive rural electrification through off grid renewable energy projects. At each power generation site, the company provides affordable high quality agro-processing services to farmers and also purchases sustainable biomass (agro-processing by-products) from both farmers and agro-processors, which is used as feedstock for the gasifiers. Gasification is used to produce clean energy from Agricultural Waste such as rice husks, maize husks/cobs, ground nut shells and coffee husks. Electricity is distributed via a combination of micro-grids and battery boxes to rural industries, households, schools and micro-businesses. The Company already has permits with the National Electricity Regulatory Authority and will sell electricity to the National Electricity Transmission Authority on a 20 year, inflation linked, USD denominated power purchase agreement. Entrepreneur and Team The Company founder is an Aerospace Engineer and serial entrepreneur and is supported by a team of both local and expatriate staff. The team has won several International awards. Turnover and Investment need The company is still in its post pilot stage and their investment need is 500,000 USD for growth and to be able to have 4 energy hubs running. Impact The company sees renewable energy from agricultural waste as an integrated solution to energy security, food security, climate resilience and poverty alleviation. The company has the following positive impacts; The company has helped reduce on deforestation by replacing charcoal/wood fuels with briquettes a cleaner, cheaper and more efficient...
Agricultural Equipment

Agricultural Equipment

Manufacturer of agricultural equipment with long track record ready for next step Sector: Agriculture and food Year of establishment: 1995 Turnover 2015: USD 400,000 Investment need: USD 200,000   Product, market solution and potential This company was founded in 1995 and manufactures machinery and equipment that allow processing of different commodities, e.g. grain millers, seed cleaners, fodder cutter, drying machines and feed mixers. The company sells mainly to NGO’s and development organizations, both inside and outside Uganda, and to a lesser extent to farmer cooperatives and individual farmers.  The price of the equipment ranges between $1,000 and $4,000. The company differentiates itself from its mainly Chinese competition by delivering superior quality at affordable prices and by offering good after-sales service. The business wants to grow its business by targeting the poultry industry. Entrepreneur and Team The company has four directors. The founder and managing director is responsible for maintaining customer relations; a technical supervisor manages the manufacturing process of equipment and monitors the team’s performance to ensure quality production. The finance manager is in charge of financial management and currently also takes on marketing due to limited resources. The company also has a fore man, welder, electrician and store manager who assist in factory operations. The company feels a need to recruit more specialized staff, especially in marketing/sales and HR. Also, the company needs better qualified production personnel. Turnover and investment need The company has shown steady year-on-year turnover and profit growth. The company turnover in 2015 equaled about $400,000 with a net profit of nearly $70,000.   The company seeks a total investment of USD 70,000 to buy equipment...