Sh250m up for grabs in agricultural value chain competition
Publish Date: Jul 05, 2014
Sh250m up for grabs in agricultural value chain competition
CURAD Managing Director Apollo Segawa (left) and the body founder Joseph Nkandu showing FARA executives the agribusness innovations developed by the CURAD incubatees. PHOTO/Wilfred Sanya
  • mail
  • img

By David Ssempijja

Entrepreneurs involved in agricultural value chain systems stand to be beneficiaries of a sh250m bounty, courtesy of the Agribusiness Innovations Challenge spearheaded by the Consortium for enhancing University Responsiveness to Agribusiness Development (CURAD).

According to the body managing director Appolo Segawa, the challenge presents opportunities to contenders to present their business cases for investment support in commercialising or expanding businesses to promote the growth of food processing and exports.

 “This challenge will provide winning businesses with incubation support and start-up or expansion capital to enable entrepreneurship in the agricultural sector to thrive and benefit the Ugandan people and economy,” he reporters this week..

The challenge was launched recently by the Forum for Agricultural Research in Africa (FARA) director for Capacity Strengthening, Dr. Irene Annor-Frempong, during an event held at CURAD’s  head office at Makerere University Agricultural Research Institute, Kabanyolo.

The competition, according to Segawa, will see 27 enterprises winning in nine categories, all courtesy of sponsors like Microsoft Uganda, Uganda Telecom, Deloitte, FinAfrica, Uganda Coffee Development Authority among others.

The applications are under review, a panel of judges at the final judging award event on July 2 will select the top three business cases in each category moving in line with CURAD philosophy.

CURAD is a public-private partnership initiative promoted by Makerere University, the National Union of Coffee Agribusinesses and Farm Enterprises Limited (NUCAFE), and National Agricultural Research Organization (NARO), the University of Copenhagen (UC) and NIRAS International.

The body is one of the six agri-business incubators in Africa supported by the FARA under the Universities, Business Research and Agricultural Innovations with funding from DANIDA.

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact

  • mail
  • img
blog comments powered by Disqus
Also In This Section
Look to your gov’t to improve infrastructure – Erdogan
Sub Saharan Africa countries need to work on their governance in order to allow proper infrastructural intervention and investments. The appeal was made by the Turkish president Recep Tayyip Erdogan, while opening the G20 Energy Ministers meeting in Istanbul on Friday....
‘Embrace modern technology to earn more from bee-keeping’
By Gladys Kalibbala It was exciting news sometime back among bee-keepers when they learnt that Uganda’s honey had finally been certified for European markets....
Job creation: CURAD agribusiness incubator best in Africa
CURAD is singled out and rewarded after emerging Africa’s best in respect of creating jobs for the youth....
Dollar rises against emerging currencies after China data
The dollar rallied against emerging currencies in Asia Tuesday as Chinese trade data showing an import slump fuelled anxiety about slower growth of the region's largest economy....
34% of African businesses lose out to corrupt competitors
Corruption remains a major cost for honest companies in Africa with 34% of businesses reported to be losing out on deals to corrupt competitors, a new study has revealed....
Shilling firms ahead of Central Bank rate announcement
The shilling was trading at 3,671/81 buying and selling respectively on average at most commercial banks at noon on Monday....
Should Makerere University fees policy be reviewed?
Can't Say
follow us
subscribe to our news letter