Next Wave: Market Making for Entrepreneurs
Target Impact
The Innovation Village will support 300,000 young people to access skilling and work opportunities, leading to better livelihoods. The Organization will achieve this by increasing access to skilling and work opportunities for young people while driving increased growth for new and existing businesses.
Target: 240,000
Geographical Location: Four regions (Central: Kampala hub, East: Jinja hub, West: Mbarara hub and North: Gulu hub)
Objectives:
- Optimize the Innovation Village spaces to be a one-stop destination for young people to showcase and build their
businesses. - Offer venture building and founder support through the Future Lab studio.
- Use the MOTIV Maker Space to support creative entrepreneurs to build their businesses..
- Scale the Organization’s Omwoleso, Virtual Factory Network (VFN) and Tukole technology platforms for young people to access information and be linked to work, markets or Finance opportunities.
Status: Active
Country
Uganda
Period
2022-2026
Industries
Access to Finance
Agriculture
Digital Economy
Education & Skills
Impact to Date
5
All 5 hubs including the MOTIV Makerspace are operational and serving the communities of entrepreneurs to start, grow and scale their impact.
100,000
Young people have been reached, skilled and supported to start or sustain jobs to date through Business Foundations, hands on skilling Growth services, and access to markets interventions.
800+
Startups have been linked to industrial partnerships to scale-up their business. Through the Future Lab Studio Accelerator programs these startups received trainings in business skills, retail, education, Insurance and Agriculture.
10
The 97 Fund has provided business support and funded up to 10 startups.
Partnership Focus
Mobilize and profile 84,480 youth for skills training.
Deliver Business Foundations and strengthening through growth services to young people and their businesses.
Identify, onboard and deliver venture-building support to 3,000 tech and tech-enabled start-ups and 2,000 hackers.
Deliver skilling and businesses strengthening support to 28,800 creative youth.
Provide 1,800 young people with modular practical skills using an apprenticeship and incubation model in wood, kitchen, media and textile through the Creative Business Academy.
Mobilize, onboard, and provide product refinement and marketing support to cottage enterprises and artisans to benefit from market linkages through Omwoleso, VFN and Tukole.
In Partnership With
Innovation Village is a launchpad for entrepreneurs and innovators who are working to solve the most pressing challenges using technology. The Innovation Village is implementing a Digital Economy Program that aims to: increase access to digital markets and financial services for young people and businesses in the agriculture, education, and micro, small, and medium enterprises (MSME) sectors; increase access to advanced digital and entrepreneurship skills; and create entrepreneurship and work opportunities for young people.