Uganda: Motiv, Innovation Village Call for Government Support

Entrepreneurs have asked the government to meet them halfway as they build Uganda into a top investment destination.

Private sector players say the policy environment must be made conductive enough and investable for them to thrive. They made the remarks on Wednesday in Kampala, at the Bounce Back event held in partnership with MoTIV and The Innovation Village, Uganda Investment Authority (UIA) at MoTIV premises under the theme “Investing in the face of Adversity.”

The aim of the event was to promote Uganda’s cutting-edge companies in relation to business agility, innovation and long-term sustainability.

The Covid-19 pandemic caused a lot of distress to businesses and economies countrywide. This forced many enterprises to reinvent their business models, acquire new talent and integrate digital technologies.

Today, innovation has become part of the economy, providing entrepreneurs with limitless opportunities to revamp their businesses and bounce back from the impact caused by the pandemic.

Speaking during the event, Joseph Kiggundu, Director – One Stop Center for Investment at UIA said: “Initiatives such as the Bounce Back event are intended to showcase the different investment opportunities that exist in the country and ensure entrepreneurs tap into them to revive their businesses “The Authority also wants to create a platform through which partnerships can be nurtured among investors. High on the agenda is also providing assurance to both current and future investors that creating a positive investment environment in Uganda is the government’s top priority.”