SumSung SumSung SumSung
Matooke Republic
Thursday, September 18, 2025
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
Matooke Republic
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
No Result
View All Result
Matooke Republic
No Result
View All Result

Agribusinesses pitch business needs to investors for financing

Matooke Republic by Matooke Republic
January 27, 2023
in Business
Reading Time: 3 mins read
Share on FacebookShare on Twitter

Agribusiness Development Centre- ADC, a brainchild of the Dutch Rabo Foundation and DFCU Limited, has held a day-long pitch session for the first cohort of participants that participated in their Business Accelerator Program (BAP).

The women-led businesses put their learning to the test as they pitched in front of a panel of six judges representing DFCU Bank, Truvalu, Plus Plus, United Social Ventures, and BiD Capital.

The purpose of the pitching session is to attract investor firms for funding opportunities and/or linkages to finance, seeing as the enterprise leaders have been trained by different skilled and experienced trainers exploring topics pertinent to agribusiness management and acceleration like building a model canvas, marketing, financial, and risk management, to name a few.

RELATED POSTS

OPINION: Third-Party Risk Management: A Cornerstone of Anti-Financial Crime Compliance In Banks

Equity Bank moves Bugolobi branch to new location to boost convenience and service

Ronald Kasasa- DFCU Head of Business Banking.

Ronald Kasasa, dfcu’s head of business banking, says that these sessions show that the potential for Uganda‘s agricultural sector is being appreciated, with an indication of increased capacity building.

“Most of the pitches by these women-led enterprises have been looking for grants as opposed to loans. This is due to the cost of financing, so the real question should be how banks are coming in to finance agriculture-based businesses while mitigating the cost of financing because margins on agriculture are sometimes quite thin,” he adds.

Athea Ibembe of Apa Original Kisubi Tea Limited.

Athea Ibembe of Apa Original Kisubi Tea Limited, one of the pioneer beneficiaries of BAP, says she is expecting positive feedback from the panel of investors. Her business needs a financial boost of $2,500 to buy an envelope tea bag machine to replace the one they have been using for the last 11 years.

Pearl Nimusiima- BiD capital Senior Investment Associate.

She says, “After participating in pitching sessions like this numerous times, I have found that investors look for impact. For example; the impact your business has on the community you operate in through direct and indirect employment.”

Over 22 enterprises have pitched their ideas and hope to get funding as a grant or loan from the various panelists who are potential investors.

The Agribusiness Development Centre launched its Business Acceleration Program (BAP) to its partners and stakeholders on August 11, 2022, to enable 350 agribusinesses (40% women-led) to become self-sufficient, create new jobs, and link at least 50% of these agribusinesses to financing and markets.

Related

Tags: Agribusiness Development CentreDFCU BankRabo Foundation
Share2Tweet2Send
Matooke Republic

Matooke Republic

Freshly peeled info from area code 256

Related Posts

Marsha Nyonyozi Walusimbi.

Who is Marsha Nyonyozi Walusimbi, the new dfcu Bank Chief of People and Culture Transformation

by Matooke Republic
2 months ago

...

William Kayongo, dfcu’s Head of Enterprise Banking.

INTERVIEW: How Mobi Loan Supports SME Growth

by Matooke Republic
2 months ago

...

dfcu Bank partners with Makerere University to advance research, innovation, and student support

by Matooke Republic
2 months ago

...

INTERVIEW: How Dr. Emma Naluyima is transforming piggery farming through innovation, education and dfcu Bank support

by Matooke Republic
3 months ago

...

dfcu Foundation to drive inclusive economic empowerment across Uganda

by Matooke Republic
4 months ago

...

Next Post

South Africa's Robot Boii thrills revelers at the Smirnoff Fiesta

Ugandan BBC journalist Nancy Kacungira off the shelf

RECOMMENDED

Kabira Country Club enhances wellness offering with latest TechnoGym installations

September 17, 2025

Kiira Motors teases first look at new SUV concept

September 17, 2025
  • 642 Followers
  • 23.9k Followers

MOST VIEWED

  • Uganda vs Senegal: CAF reduces online ticket purchases per person ahead of quarter-final clash this Saturday

    578 shares
    Share 231 Tweet 145
  • How to buy tickets for CHAN 2024 matches in Uganda

    556 shares
    Share 222 Tweet 139
  • FULL LIST: Winners and Losers in the NRM CEC Elections

    148 shares
    Share 59 Tweet 37
  • Jose Chameleone’s wife Daniella Atim files for divorce over desertion and emotional neglect; Seeks custody of five children and ownership of Sseguku matrimonial home

    87 shares
    Share 35 Tweet 22
  • UPDF Assistant Chief of Defence Intelligence found dead

    71 shares
    Share 28 Tweet 18
Matooke Republic

Uganda's only free Newspaper. Out every Thursday. Freshly peeled info. kiwatule, Kampala, Uganda.

  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos

© Matooke Republic 2024

© Matooke Republic 2024

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.