MTN Foundation recognizes 15 entrepreneurs for completing the incubation phase of the MTN Ace skilling

By NP admin | Tuesday, August 29, 2023
MTN Foundation recognizes 15 entrepreneurs for completing the incubation phase of the MTN Ace skilling

MTN Uganda’s corporate social responsibility arm, MTN Foundation, has recognized 15 prospective entrepreneurs following completion of the three-month Business Incubation phase.

Business Incubation is the second phase of the MTN Ace Skilling Program aimed at extending mentorship and support to entrepreneurs to deliver public good ICT solutions for their communities.

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The 15 entrepreneurs were among the 32 participants who submitted their business ideas/solutions following the completion of their initial 6-month MTN Ace Skilling program.

The MTN Ace Skilling program included among others training in International Computer Driver’s License (ICDL) certificate as well as technical and business skills.

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Bryan Mbasa, the Senior Manager at the MTN Foundation said the company plans to help the 15 entrepreneurs with more mentorship as well as link them to prospective funders to enable them grow and drive not only Uganda’s economic growth and social transformation but also job creation.

He said the selected entrepreneurs represent various sub-sectors including education, health, economic empowerment and humanitarian response.

“We, at MTN Uganda, believe that every Ugandan deserves the benefits of a modern connected life and our journey indicates that we moving closer to that goal,” he said.

“We are confident that these entrepreneurs will help come up with viable business opportunities and create the much-needed jobs for our population and ultimately contribute to the economic and social transformation of their communities.”

He said MTN Uganda is committed to ensuring that that these entrepreneurs succeed. Uganda has been ranked as one of the most enterprising countries in the world with high percentages of new business each year, according to Global Entrepreneurship Monitor (GEM).

However, the business failure rate remains also high due to inadequate skills and proper product positioning and thus hindering faster economic growth, social transformation and job creation.

MTN Ace Skilling is one of the three MTN ACE program launched in December last year and implemented in partnership with the Ministry of ICT and National Guidance, The National ICT Innovation Hub, Centenary Technology Services, Refactory, MUBS Entrepreneurship Innovation, and Incubation Centre, Engage Consults and MTN’s Fintech subsidiary, MTN MoMo Uganda Limited to empower the youths.

MTN ACE Skilling program is tailor-made for the youths who are in or out of school to equip them with entrepreneurial skills.

 

List of 15 entrepreneurs

SN

Business Name

Lead

1

Victors Food Supplies

Sserwadda Brian

2

Mokachi Labs

Evan Guma

3

E-Keep

Olili Daniel

4

FikTube People’s Media

Mubiru Shafik

5

Kairos Bookstore

Racheal Twikirize

6

Roomie

Akol Sharon Norah

7

Exit Drugs Initiative

Marvin Mubiru

8

MTech Solutions

Derrick Masiko

9

Miliveg Fresh Vegetables

Mungufeni Milton

10

Elegant Homes

Kevin Nabule

11

Cashmere

Mercy Kesiime

12

Plantsome

Agatha Tusiime

13

Nacos

Ddamba Nicholas

14

PrimeSpot Wifi

Kintu Joseph

15

Mindlyfe

Kawekwa Douglas

 

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