Matooke Republic
Thursday, October 2, 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

Liberty Insurance, Stanbic, and SafeBoda launch affordable car insurance product

Mining, Finance, Key Stakeholders Discuss Sustainable Growth at 14th Mineral Wealth Conference

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
3 months ago

...

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

by Matooke Republic
4 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

Vipers SC President Lawrence Mulindwa.

Vipers SC to boycott Kitara clash over FUFA league reforms

October 2, 2025

Sudhir Ruparelia honoured for transformative role in Uganda’s tourism industry

October 2, 2025

MOST VIEWED

  • Police to recruit 100,000 Special Constables ahead of 2026 elections

    45 shares
    Share 18 Tweet 11
  • FULL LIST: Successful NUP Parliamentary candidates as Ssegona, Ssewanyana and Nyeko denied party tickets

    32 shares
    Share 13 Tweet 8
  • New HIV prevention drug price slashed to Shs130,000 from Shs102 million

    29 shares
    Share 12 Tweet 7
  • Who is Brig Chefe Ali: The NRA bush war hero Museveni claims fathered Eddy Kenzo

    21 shares
    Share 8 Tweet 5
  • Here are the detailed timetables for the 2025 PLE, UCE, and UACE examinations

    36 shares
    Share 14 Tweet 9
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.