TBI Uganda

TBI Uganda An incubator program designed to provide strategy consulting and legal support to local businesses in Uganda.

New week! New grind!
19/10/2020

New week! New grind!

Cage farming is an old system across the world. In the Far East, the system has been used for years. In Africa, it was f...
14/10/2020

Cage farming is an old system across the world. In the Far East, the system has been used for years. In Africa, it was first piloted in West Africa and then on Lake Kariba in Zambia in the 1980s.

In Uganda, viability studies were started in the 90s at the National Fisheries Research Institute, Jinja. The Government, under the Uganda - China Friendship Agriculture Technology Centre introduced a sh12.8b three-year pilot cage fish farming project.

How it works

Fish cages are placed in lakes, ponds, rivers or oceans to contain and protect fish until they can be harvested. The method is also called "off-shore cultivation" when the cages are placed in the lake.

Fish are stocked in cages, artificially fed and harvested when they reach market size. The cages vary in size. Each of the boxes is about 3x3 metres in size. The boxes are interlinked by pipes and a wooden bridge on which caretakers access them during harvesting and feeding. The interlinked structure can be as long as 100 metres.

Challenges

Perhaps the biggest challenge is the cost of setting up the structures, which may not be affordable by smaller fishermen.

Are you a fisherman? Have you heard about cage fish farming? Our DMs are open.

The dream and the hustle are sold different. Many think that owning and running your own business gives you more time fo...
22/09/2020

The dream and the hustle are sold different.

Many think that owning and running your own business gives you more time for yourself. The opposite is actually true. Running a business is tough. It’s a lot of hard work, tears, losses, long days, minimal sleep, to mention but a few.

At TBI Uganda, we support entrepreneurs and help them realize their dreams through strategic consultations.

Our DMs are open. The initial consultation is absolutely FREE.

Revenue Based Financing. What is it and how does it work?Revenue Capital is a form of risk capital that is both unsecure...
16/09/2020

Revenue Based Financing. What is it and how does it work?

Revenue Capital is a form of risk capital that is both unsecured and participation, which is to say risk-sharing.

Revenue Capital is typically invested in form of a loan. The interest on the loan portion is usually well below market interest rates. The RC investor’s percentage is often set between 0.5 to 2.5 percent of gross sales, depending on the loan and accompanying equity investment. Rarely would the participation exceed 5 percent of sales.

Revenue-based financing is in fact a more appropriate type of financing instrument for SMEs that do not have collateral to borrow from banks or are too small for Private Equity Funds.

Have you heard about this financing instrument? DM us and tell us what you think about this type of financing for startups in Uganda.

To our lovely entrepreneurs, this is a new week for new possibilities. You got this! 💪🏾
14/09/2020

To our lovely entrepreneurs, this is a new week for new possibilities. You got this! 💪🏾

To get capital from the investors, you must prepare a compelling pitch in a way that it surpasses the other 1000 busines...
07/09/2020

To get capital from the investors, you must prepare a compelling pitch in a way that it surpasses the other 1000 business ideas who are also in the pipeline. Your first three minutes of the pitch is very crucial as they decide the future of your startup. If you aren’t able to win over your potential investor in these 3-minutes, you surely need to try some other strategy. Your confidence and industry expertise are two basic parameters that determine the success or failure of your pitch.

Tips:
1. Keep your Pitch-deck Simple
2. Your Story can Make a Big Difference
3. Give a Practical Demonstration of your Product
4. Radiate Confidence And Compassion
5. Give Your Startup Pitch-deck a Strong Closure

Keeping your presentation short doesn’t mean that you have to miss out on the key aspects. Your presentation must bring all the elements of your pitch together.

Pitching a business idea is art. Your art of pitching will help investors decide whether they should invest in your company or not. So, to deliver a successful and compelling pitch, understand your investors properly.

Did you know that Poultry farming is one of the most lucrative businesses in Uganda and the world at large.The increasin...
01/09/2020

Did you know that Poultry farming is one of the most lucrative businesses in Uganda and the world at large.

The increasing demand for chicken (chicken meat) and eggs resulting from the growing population and townships across the country provides an opportunity for new and existing farmers to cash in on this enterprise.

Apart from earning from your poultry business, eggs and chicken can provide proteins to your family members. The enterprise can also be resourceful in providing manure to your other agribusiness enterprises.

Are you a poultry farmer? Have you always been interested in starting a poultry business? Our DMs are open; let’s chat :)

Shoutout to all the entrepreneurs that we are working with behind the scenes. We wish you a great week ahead.Our DMs are...
31/08/2020

Shoutout to all the entrepreneurs that we are working with behind the scenes. We wish you a great week ahead.

Our DMs are still open. Let us help you!

When you shop small you are adding to the full heart of memories for every entreprenuer out there.The opposite is also t...
25/08/2020

When you shop small you are adding to the full heart of memories for every entreprenuer out there.

The opposite is also true. Every small business is adding to the hearts of all of us.

We love small businesses. We love big hearts.

Our DMs are open. Say hello!

Can entrepreneurship in Uganda make clean water more accessible?The problem of unsafe water is not new. About 1 in 9 peo...
24/08/2020

Can entrepreneurship in Uganda make clean water more accessible?

The problem of unsafe water is not new. About 1 in 9 people worldwide are forced to drink potentially bacteria-ridden water every day, leading to an estimated 3.4 million related deaths every year.

provides in-country entrepreneurs with equipment to filtrate and bottle water, a retail space from which to sell and market it, and backup support as required.

currently operates in Uganda, Rwanda and the Democratic Republic of Congo – safe piped water is almost non-existent in the major cities. Commercial bottled water, on the other hand, is financially inaccessible for most of the population.

Jibu intentionally gears its business towards underprivileged consumers.

SMEs are Uganda’s engine for growth.SMEs in Uganda make up over 70% of our economy and contribute above 20% of our GDP w...
19/08/2020

SMEs are Uganda’s engine for growth.

SMEs in Uganda make up over 70% of our economy and contribute above 20% of our GDP which is really sizable. Their work spans from service provision, selling of goods, information technology, agriculture and furniture making among others.

With Agriculture as a hot spot, we need to emphasise value addition; SMEs in agriculture need to know weather patterns properly to benefit from the sector. In the next 2-3 years, services are going to be key and it is one area that SMEs need to look at. We are also seeing financing institutions, telecom firms increasing channels for delivery of financing in the SME sector.

And when it comes to financing opportunities, SMEs need to start from their families. Starters also need to save and form partnerships that can attract cheap capital. There is an option of going to micro-finance institutions or commercial banks or listing on the stock market. But for all these avenues to work, good corporate governance of SMEs is critical because there is no lender or partner who is going to offer credit to a poorly managed business. SMEs need to be open and transparent with good financial discipline. There is a need for proper structures – a Board of Directors, professional managers and more. Lenders will deal with those they think are less or not risky at all.

Lastly, to survive a volatile economy, good governance practice is also the key. SMEs need to search for good markets for their output. Getting the right financing mix from credible sources in addition to formalising or creating groups or investment clubs similar to Uganda Manufacturers Association are important. Forming groups would help them open up their businesses to professionals who can advise them on the challenges they might be having. Up skilling operations in terms of management, financial reporting would help attract support from government and survive in bad economic times.

Wishing you all a blessed week ahead.We are still interacting with businesses in the DM. Text us hello and together let’...
17/08/2020

Wishing you all a blessed week ahead.

We are still interacting with businesses in the DM. Text us hello and together let’s figure out how we could be of help.

Address

Kampala

Opening Hours

Monday 09:00 - 17:00
Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Saturday 09:00 - 17:00

Website

Alerts

Be the first to know and let us send you an email when TBI Uganda posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to TBI Uganda:

Shortcuts

Share

Category