After
10 years, clearly Enterprise Uganda has
a brand name, respected, and honoured across
religious lines, political divide, ethnic
limitations, wealth differences and even
across borders.
Mr
Charles Ocici, the Executive Director of
Enterprise Uganda explains that with brand
recognition, the next ten years should see
the Institution build product clusters to
attend to various segments of society.
He
identifies the segments as; Enterprise start-up
solutions to address youth unemployment
numbering 400,000 to 480,000 per annum;
solutions for households that continue to
receive economic interventions from government
and development partners to enhance income
levels and solutions to deepen access to
microcredit by the masses but assist them
graduate to sources of finance within our
banking system.
Mr
Ocici says Enterprise Uganda will seek to
address the limitations to export market
and low joint venture partnerships between
Ugandans and foreign investors to improve
competitiveness and products for top local
enterprises to enable them create businesses
that outlive their owners and generate brands
that have foot prints across the globe.
Enterprise
Uganda is a foundation by legal status established
in 2001 jointly by government and UNDP initially
as a project with a mission of creating
dynamic Ugandan MSMES that compete domestically
and globally.
The
formation of Enterprise Uganda was premised
on internationally proven model for enterprise
creation called Empretec. This is operating
in 32 developing countries in Africa, Latin
America, Middle East and South East Asia.
The franchise is held by UNCTAD a UN agency
in Geneva.
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Mr Ocici explains that Enterprise Uganda
fits in well with government liberalization
programme that was implemented in the 1990s.
It was envisaged that with privatization,
the private sector would fill the vacuum
of running private enterprises.
“Whereas
it is true that many enterprises that were
privatized especially those bought by non-indigenous
Ugandans validated the argument for government
getting out of business, the high failure
rate or under performance of those bought
by Ugandans brought out the fact that running
a private enterprise is not just about owning
the asset but requires implementing established
principles for satisfying a customer,”
he says
He
says there was need to help Ugandans already
interested in the private enterprise hence
Enterprise Uganda coming in handy to fill
the undisputed service.
During
the project phase of 2001-2005, Enterprise
Uganda demonstrated the relevancy of its
services by producing MSMES that were able
to earn accolades, domestically, continentally
and globally.
It
was therefore deemed necessary to transition
at the end of the project phase to a not-for-profit
foundation. Since then Enterprise Uganda
now has extended into partnerships with
development partners, banks, large manufacturing
corporates and continues to have partnerships
with government in addressing attitudes
and mind sets of youths, households and
MSMES.
In
2010 the Enterprise Uganda candidate was
a gold winner the Women in Business award
organized under the auspices of the UNCTAD
and in 2009 the Enterprise Uganda candidate
was a silver award winner in the same competition.
For
2012, a short least of the top ten women
has been released and again the Enterprise
Uganda has got a candidate. The final results
of the top three will announced in May 2012
.
Under
the micro enterprise bracket, Enterprise
Uganda has been running for the last four
years a pioneering product called ‘Business
and Enterprise Startup Tool (BEST).
This
is meant to address excuses and limitations
cited for failure by youth and other Ugandans
to go into private enterprise. Under "BEST",
our participants register between 60-75
percent enterprise creation rates. Out of
over 18000 beneficiaries of BEST since 2007,
youth and household have been able to generate
jobs in excess of over 20,000, says Mr Ocici.
He
says the participants relied largely on
household resources, individual efforts
and grants from well-wishers to get started
in business.
However,
Mr Ocici notes that despite achievements,
the challenges faced by the institution
range from mindsets about Enterprise Creation
by the population to demand driven.
"The
traditional script has always been that
to succeed in business, you must get a lot
of capital and it has to come from outside.
All the greatest business stories have always
started with what one had and are characterized
by humble beginnings of a chicken, a garage
as a factory or a road kiosk as a shop location"
he explains.
Enterprise
Uganda is set to host the Global Enterprise
Week (GEW 2011), an annual global event
started in the United States meant to cause
prominence and visibility of entrepreneurship
as a vehicle in addressing today’s
challenges of unemployment, poverty, environmental
degradation, and sustainable development
Mr
Ocici says Enterprise Uganda has invited
various partners to national GEW 2011 celebrations
running November 15 -17 at Hotel Africana
in Kampala.