Private Sector Foundation Uganda (PSFU) is partnering with Mastercard Foundation to anchor the Young Africa Works strategy in Uganda. Under the Young Africa Works strategy by Mastercard Foundation, PSFU has designed and will implement the Lead Firm Structure for Youth Employment in Uganda.
OVERALL PROJECT GOAL
The Intervention’s ultimate goal is to create dignified and fulfilling work for young women and men in Uganda.
The intervention focuses on creating, maintaining and sustaining growth in job markets through strengthening the capacity of value chain actors to efficiently produce and sell their goods and services in expanded markets, developing new diversified financing mechanisms as well as growing the capacity of business leaders and their support service providers to manage and expand their enterprises.
LEAD FIRM STRUCTURE
The Lead Firm Structure approach is anchored on organizing many value chain actors around a final buyer of their output; the Lead Firm. A Lead Firm can either be an organisation driven by private interests such as profit or whose purpose is furthering shared prosperity through promotion of private enterprise/business.
- Trade and Allied Services
HOW THE INTERVENTION WILL CONTRIBUTE TO THE LEAD FIRM STRUCTURE
- Improve the technical and enterprise capacity of households under guidance of the Lead Firm.
- Increase capacity of MSMEs and Lead Firms to improve production and efficiency.
- Increase capacity of Lead Firms to access additional markets for the increased production.
- Increase management and technical capacity of MSME and business leaders.
- Address ecosystem policy challenges to ensure an investment-friendly environment.
BENEFITS FOR THE LEAD FIRM
- Optimise linkages for mutual benefit of value chain actors.
- Policy Advocacy and Engagement.
- Expansion of Lead Firm supply chain.
- Capacity Building.
- Contributing to growth of incomes of households for effective demand
*Lead Firms and MSMEs will contribute at least up to 50% of their own resources to match the intervention’s contribution. Lead Firms will be PSFU members that own or control leading products and or enjoy significant market share and growth with demonstrated need to expand operations.
APPLICATION FOR PARTICIPATION
Applications will follow “a call for concept note submission” through a national print media publication. Eligible Lead Firms and MSMEs will be invited by PSFU executive management to submit project proposals. Applicants will be qualified or disqualified upon evaluation of proposals by PSFU executive management and board members.
For Project Inquiries: For Project Inquiries: For Project Media Inquiries:
Francis Kisirinya Apollo Mbazzira Muyanja Brenda Miriam Naledi
Deputy Executive Director PSFU PSFU
PSFU Project Director Communication and PR Specialist
+256 772 438 539 +256312263850 +256312263850
For more information please visit our website https://www.psfuganda.org/LeadFirmStructure
ABOUT THE MASTERCARD FOUNDATION
The Mastercard Foundation seeks a world where everyone has the opportunity to learn and prosper. The Foundation’s work is guided by its mission to advance learning and promote financial inclusion for people living in poverty. It is one of the largest foundations in the world, and works almost exclusively in Africa. The Mastercard Foundation was created in 2006 by Mastercard International and operates independently under the governance of its own Board of Directors. The Foundation has hubs in Toronto, Kigali, Nairobi, and Accra. For more information and to sign up for the Foundation’s newsletter, please visit www.mastercardfdn.org. Follow the Foundation at @MastercardFdn on Twitter
ABOUT YOUNG AFRICA WORKS
Young Africa Works is the Mastercard Foundation’s strategy to enable 30 million young people, particularly young women, across Africa to access dignified and fulfilling work. Africa will be home to the world’s largest workforce, with 375 million young people entering the job market by 2030. With the right skills, these young people will contribute to Africa's global competitiveness and improve their lives and those of their communities.
The Mastercard Foundation will implement Young Africa Works in 10 African countries in collaboration with governments, private sector, entrepreneurs, educators, and young people.