The Uganda Investment Authority (UIA) will convene the 2nd Kampala Private Equity/Venture Capital Conference on June 21-22, 2016. The event aims to connect high potential enterprises with local and international private equity and venture capital investors.
According to the Global Entrepreneurship Monitor, lack of accessible and affordable financing to grow their enterprises is among the biggest constraints to businesses in Uganda. Private equity and venture capital could form part of the solution to financing for SMEs.
Although many companies in Uganda are just starting and showing very high potential for growth and profitability, they lack the capital to get established. Between microfinance and mega deals in Uganda lies the "missing middle" – a lack of SME business finance holding back a swathe of high potential enterprises. Yet investing in the growth of SMEs benefits the whole value chains such as suppliers, processors, distributors and the storage facilities. There is no better way to grow the economy than offering affordable finance options to the SMEs.
Private Equity, Venture Capital, Angel investor groups and crowd funding platforms offer SMEs a multitude of new financing options.
For further information regarding the conference please contact Mr. Basil Ajer, Director Small and Medium Enterprises Division, email@example.com.