Uganda Allocates 80 Billion Shillings for Women-Owned Businesses

The government of Uganda announced it will provide 80 billion shillings in non-repayable grants to support women-owned businesses. These Business Plan Competition Grants are designed to help women entrepreneurs access capital without requiring collateral or loan repayments. The program supports businesses employing up to four people with grants ranging from 3.5 million to 35 million shillings, and those employing five or more people with grants between 35 million and 107 million shillings.

The initiative seeks to address financial barriers, noting that only 6% of women in Uganda own land, which limits their ability to secure financing for expansion. The funding is provided under the Generating Growth Opportunities and Productivity for Women Enterprises (GROW) project. The program aims to support both small and larger women-owned enterprises to encourage business growth.