Business plan competition: IFDC CATALIST-Uganda

Business plan competition: IFDC CATALIST-Uganda

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IFDC, BiD Network and IRIS Consulting & Training are proud to announce the 2nd edition of the IFDC CATALIST-Uganda Agribusiness Challenge. This business plan competition is meant for small and medium-sized enterprises (SMEs) operating in or impacting the value chains of cassava and oil seeds (soya bean and sunflower) in Northern Uganda; rice in Eastern Uganda; and Irish potato in South-Western Uganda, who are in need of technical and financial support to start or expand and professionalize their business operations. Entrepreneurs are invited to submit their business plans to become eligible for various services geared towards accessing finance and markets.

About IFDC CATALIST-Uganda
IFDC CATALIST-Uganda aims to sustainably commercialize smallholder agriculture through improved productivity and market development, resulting in marketable surpluses that raise incomes in Uganda, and increase regional food security for the wider East Africa and Great Lakes Region. A systems approach is employed to develop integrated cropping systems around priority commodities – Irish potato, cassava, oil seeds and rice – combined with an accelerated cluster development approach appropriate for Uganda. In addition, services are offered for input market development, output marketing, linkages to Dutch and other agribusinesses and investors, and improvement of the policy environment.

The first cycle of the IFDC CATALIST-Uganda resulted in 165 business summaries being submitted and subsequently 50 full business plans after an extensive period of training and coaching. Congratulations to all partners and entrepreneurs that participated. Ten to fifteen businesses are now being selected for matchmaking services with investors and other businesses, and those not selected in the first edition are welcome to improve and submit again in this second cycle.

Participation
In the second edition we will again look for businesses in the mentioned value chains that are profitable, innovative, add value to the chain, create impact and are attractive propositions for investors. To support businesses in increasing their sales and production capacity, BiD Network and IRIS Consulting & Training offer various services and events geared to accessing new markets and finance. Participants can become eligible for Ready4Finance and Farming as a Business training, voluntary coaching, business plan feedback, breakfast networking meetings, and investor and Business2Business matchmaking services. To apply, entrepreneurs are invited to create an online profile and submit their business summaries before 15 September 2015. For more information about participation criteria, services, writing formats and how to apply, go to https://ifdc-catalist-uganda.bidx.net.

For more information, please contact IRIS Consulting: info@irisconsult.biz, info.irisconsult@gmail.com or +256(0)756517233.

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