Dfcu Graduates Women Entrepreneurs Under Business Accelerator Program

The first group of 28 women entrepreneurs under the Business Accelerator Program (BAP) have graduated this week.

The Graduation ceremony was held at dfcu Bank’s Head Offices in Nakasero.

The Business Accelerator Program (BAP) was launched on August 18th, 2022 by the Agribusiness Development Centre and powered by dfcu Limited and Rabo Foundation.

The main objective of the program is to train 350 agribusinesses (40% women-led), link at least 50% of them to financing and or markets and enable them to grow and create new jobs.

During the training, the women entrepreneurs of the first cohort were exposed to different aspects of business management from, Business Canvas Modelling, Governance, Risk Management, Marketing, Financial Management, Financier’s requirements and much more.

Speaking during the event, Josephine Mukumbya, Executive Director, ADC, said a multi-dimensional approach entailing a combination of training, self-paced learning, mentoring, and exposure visits was used for the program.

She revealed that the participants were engaged in exposure visits like the Trans African summit that was organized by Women Economic Forum with the aim of showcasing their products to a wider market (African) and enabling wider networking.

They were also exposed to field visits at CURAD and Uganda Industrial Research Institute (UIRI) to expose them to the services that can be used to build capacity and add value to their products.

 Robert Wanok, Ag. Chief Commercial Officer of dfcu Bank thanked the women for being resilient and committed during the entire training.

Dfcu graduates women entrepreneurs under Business accelerator program
Robert Wanok, Ag. Chief Commercial Officer of dfcu Bank.

 “This 1st cohort has inspired the launch of 2 more cohorts and because of this, we are proud of the journey so far and are confident of the future. Because of your collective achievements, you have paved a way for more women to benefit from the program,” he said.

“Our goal is to empower more women involved in the entire agribusiness value chain and we do this by partnering with like-minded individuals, organisations, and government to deliver on our commitment to transform lives and communities”.

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