START II Facility

With funding from the European Union Delegation to Uganda, UNCDF is implementing the second phase of the Support to Agricultural Revitalization & Transformation (START) Facility. This phase is designed to promote inclusive economic growth and job creation by investing in sustainable and integrated agribusiness SMEs that create and retain wealth within Uganda. 

START II supports SMEs to access affordable medium-term finance, strengthen institutional capacity of agribusiness SMEs in value addition and agro processing, integrate digital solutions to improve operational efficiency, and develop bankable investment proposals based on green and circular economy principles. 

It builds on the systems and achievements of phase 1, scaling operations from Northern Uganda to cover the entire country.  START II will run over a period of sixty months (five years) starting from January 2023 - December 2027.

START is designed to occupy a special niche in the national agricultural finance sector in line with its objectives, and to complement other existing facilities. The medium to long-term development objective of START is to stimulate pro-poor economic growth in Uganda, retain economic benefits of agriculture in the country, through value addition, and improve local food systems and food security. The secondary medium-term objective is to transform the facility into a sustainable and adequately capitalized loan/grant facility providing technical assistance and seed capital to small and medium-sized value adding agribusinesses in Uganda with the intention to scale up its operations and coverage to other agricultural value chains. 

UNCDF implements START II in partnership with the Uganda Development Bank (UDB), Private Sector Foundation Uganda (PSFU), and Aceli Africa.

GEOGRAPHICAL COVERAGE

START II is accessible countrywide, supporting the development and financing of capital-intensive agricultural projects promoted by SMEs that add value in storage and processing of agricultural produce. START will also consider the necessary complementary activities under production such as commercial agriculture.

• Business Development Services (BDS) and technical assistance
  1. General and pre-investment BDS support to SMEs in development of acceptable applications under the START facility.
  2. Collaboration with digital partners to offer digital solutions that enhance various aspects of SMEs business operations e.g. inventory and records management (covering production, purchases, sales, expenses, stock, assets, and liabilities), production traceability, farmer mapping and registration, e-learning, marketing, and e-commerce (facilitating market linkages among market and value chain actors, bulking and aggregation, and providing market information), as well as agricultural services for partner farmers and suppliers.
  3. Post investment BDS support
• Project preparation and development services
  1. Preparation of financial models & simple business plans
  2. Prepare a Project Information Memorandum (PIM).
  3. Recommending potential funding sources for the SME projects and devising strategies to assist the project in achieving financial closure with external investors.
  4. Highlight any specific areas that require capacity building through technical assistance grants.
• Financial services - link developers to financial institutions and investors.
  1. Technical assistance (TA) grants to support SMEs to address selected compliance and certification requirements such as environmental and social assessment, product certification (with UNBS), fair trade certification, organic certification, food fortification
  2. Linkage to Uganda Development Bank (UDB) for concessional loans.
  3. Linkage to financial institutions for commercial loans through partnership with Aceli Africa.

START invites applications from agribusiness SMEs engaged in value addition and agro processing in Uganda. The facility supports agribusiness SMEs to access finance (concessional and commercial) necessary for acquiring machinery, equipment, technologies, assets, and working capital for post-harvest handling, storage, processing, packaging, and distribution.   

The facility encourages and promotes value addition and agro processing through supporting agribusiness SMEs across Uganda to access affordable short term, medium-term and long-term financing to expand and grow their agribusinesses, giving priority to SMEs that have positive impact on vulnerable groups and encourage green practices. 

In the context of START phase II, the focus on vulnerable groups is defined as follows:   

• Women and youth – Focus on businesses owned, led or providing services to, or employing women and/or youth.
• Refugees and host communities – Focus on businesses owned by, led, employing, or providing services to refugees and host communities.
• Persons with disabilities – Support for businesses owned, led by, employing, or providing services to persons with disabilities.
• Persons from the least developed sub-regions – Support for businesses located in or employing persons from Uganda’s least developed sub-regions.

A green agri-business is an agri-business that is committed to the principles of environmental sustainability in its operations, strives to use renewable resources, and tries to minimize the negative environmental impact of its activities. 

Hence, green practices will be industry-specific practices that contribute to the achievement of these objectives. In the context of START phase II, such practices may include:

• Reliance on agricultural inputs grown in an environmentally sustainable way.
• Use of processing and storage technologies that are energy efficient, minimize losses of raw materials and/or contribute to internal recycling and reuse of materials.
• Targeted measures to safeguard the quantity and quality of water, soil, and to protect air quality.
• Use of renewable energy for operation of the facility.

General Eligibility Criteria and priority Agribusiness SMEs for concessional loans

Details of the eligibility criteria and priority agribusiness SMEs for concessional loans can be accessed on www.uncdf.org or www.start.go.ug or www.psfuganda.org or https://www.udbl.co.ug/ 

Pre-submission Information 

The Private Sector Foundation Uganda and other START facility partners will provide information to project developers to enable SMEs to prepare their applications for concessional loans. Through the media, local radio stations, and implementing partner organizations, regular sensitizations on the application processes will be carried out. Please refer to www.uncdf.org and www.psfuganda.org  for more information.   

Project selection process for concessional loans

Project applications will be selected for START Facility financial support through a four (4)-stage process. 1) screening (longlisting), 2) screening (shortlisting), 3) light due diligence/ verification and impact assessment and 4) proposal development  

SME Proposals developed with support from UNCDF for concessional loans are submitted to UDB for final appraisal, approval and disbursement of the loans in line with UDB's lending policies.  

How to apply for concessional loans under the START Facility

A call for proposal (CfP) is issued through public media as well as websites of UNCDF and partners and remains open throughout the year. The open call will allow SMEs to submit applications any time of the year, whenever they are ready with the required information.   

The following instructions are critical for applicants planning to submit their proposals under the START Facility.  

1. An on-line application form will be provided for applicants to submit their proposal for concessional loans. The online form can be accessed on the link start.go.ug. No applications / proposals will be accepted via email or hard copy.
2. The online application form must be completed carefully to ensure all the required information is provided. Submission of incomplete information is an automatic ground for rejection of the proposal.
3. Relevant supporting documentation must be uploaded onto the relevant section at the end of the online application portal.
4. Only one application will be accepted per SME / enterprise.
5. Any significant errors or any major inconsistency in the application may lead to the rejection of the proposal.
6. Applicants should quote all figures in Ugandan Shillings and if possible, as round figures.
7. Language of proposal: Proposals must be submitted in English.
8. Deadline for submission: The call for applications shall remain open throughout the year to enable SMEs submit their applications any time.
9. Inquiries: For additional inquiries about the application process please send your inquiry to the two emails: This email address is being protected from spambots. You need JavaScript enabled to view it.  and This email address is being protected from spambots. You need JavaScript enabled to view it. with the subject “INQUIRY”.
10. Acknowledgement of receipt: The START on-line application system will automatically acknowledge receipt of your application by replying to the provided contact email address. Please ensure that you receive the acknowledgement receipt after submission of your proposal.
11. Caution to Applicants: No fees are required to apply. Applicants should not accept to pay any fees/commission to any individual/consultant claiming to facilitate approvals.

For more information on START Facility, please contact

1. Deus Tirwakunda  This email address is being protected from spambots. You need JavaScript enabled to view it.
2. Daniel Kisekka      This email address is being protected from spambots. You need JavaScript enabled to view it.;  This email address is being protected from spambots. You need JavaScript enabled to view it. 

Uganda Development Bank (UDB)

UNCDF is partnering with Uganda Development Bank (UDB) under the START facility to extend concessional financing to formally registered agri-business SMEs in Uganda. The concessional loans (medium term to long term) are mainly for capital expenditure purposes and will be provided by UDB to enable agribusiness SMEs to acquire machinery, equipment, storage, and processing facilities to increase processing capacity. The terms and conditions and eligibility are summarized below:

1.  Concessional borrowing terms include:

1. Interest rates - 12% p.a computed and charged monthly
2. Tenure - up-to 96 months
3. Grace period - up-to 24 months
4. Collateral - Security coverage of 100% as per bank policy
5. Loan appraisal fees - 0.5% of loan amount

2.  Loan amount accessible range from UGX50m to UGX900m.

3.  Formal registered agri SMEs (companies, cooperatives, associations, partnerships, sole proprietorships) that have been in existence / in business for      at least 2 years.

4.  Suitable for agri - SMEs seeking long term concessional capital for growth and expansion (repayment period up-to 8 years).

5.  Mainly suitable for capital expenditure such as purchase of equipment, construction of warehouses /storage facilities, acquisition of proven             technologies, working capital, etc.

6.  Financing does not cover the cost of land acquisition and loan re-financing.

7.  Priority given to SMEs with high positive impact on women, youth, refugees/host districts, persons with disabilities, undeserved areas etc.

8.  Accessed from UDB by sending applications via the START application portal: www.start.go.ug 

Partnership with Aceli Africa Inc.

UNCDF is also partnering with Aceli Africa under the START Facility to provide investment readiness and matching support to agricultural SMEs, enabling them to potentially access financing on commercial terms through partner financial institutions, including commercial banks and impact investors. Both formal and informal agribusiness SMEs engaged in legal agricultural activities are eligible to apply for short- to medium-term loans ranging from UGX50 million to UGX900 million.

START FACILITY FREQUENTLY ASKED QUESTIONS (FAQs) ANSWERED.

GENERAL QUESTIONS

1)  What is the START facility?

The support to Agriculture Revitalization & Transformation (START) facility is a blended finance facility aimed at facilitating access to finance to agri-business SMEs involved in agro-processing and value addition.

2)  What is the START facility Phase II?

START phase II is a scale-up of the successes of START 1 which was earlier implemented in Northern Uganda under the wider Development Initiative for Northern Uganda (DINU). START phase II is countrywide (covering all regions of Uganda) while maintaining focus on agribusiness SMEs. START facility phase II will give priority to Agribusiness SMEs that: a) empower vulnerable groups (Women, Youth, Refugees & host communities, and Persons with Disabilities) b) from least developed sub-regions such as Karamoja, c) encourage green practices, and d) promote value addition and agro-processing.

3)  How do I benefit from START?

The facility offers a mix of products and services meant to support SMEs to access affordable short to medium-term financing.

4)  What type of products / services are offered under START?

START provides a customized mix of products / services that include Business Development Services (pre and post investment), digital solutions, proposal development, linkage to financial providers, technical assistance grants, and financial products such as technical assistance grants, reimbursable grants, concessional loans, and commercial loans to SMEs engaged in agricultural value addition.

5)  What is the criteria for accessing these Products?

The facility is open to all SMEs in the Country that are involved in agribusiness and value addition. These must be legally registered entities such as limited companies, sole proprietorships, cooperatives, partnerships, and associations (see our eligibility criteria).

6)  Are these products offered at UNCDF offices?

The products are offered through UNCDF and partners. The facility is implemented by UNCDF and partners that include financial institutions, apex organizations and consulting firms. UNCDF directly provides technical assistance grants and reimbursable grants while Concessional loans are provided by UDB, and commercial loans are provided by partner financial institutions.

7)  What sort of Business development services and technical assistance are offered?

This is in the form of general BDS, Pre- and post- investment BDS, and technical assistance in the form of digital solutions.  The aspects of pre-investment BDs include financial and business management, compliance, operational processes, governance, etc.

8)  Which agriculture value chains qualify for this fund?

 All agribusiness SMEs involved in value addition qualify.  Ineligible activities/sectors include manufacture, sale or distribution of alcohol, tobacco or tobacco products as well as manufacture, sale or distribution of substances subject to international bans or phase-outs, and wildlife or products regulated under the Convention on International Trade in Endangered Species (CITES). Agricultural activities within the boundaries of national parks and other protected areas are also ineligible. Priority will be given to SMEs that put particular attention to vulnerable groups (women, refugees and host communities, people with disabilities and least developed sub-regions) and green practices.

9)  How is the START facility solving issues of the bank’s willingness to lend to SMEs and the high costs of financing?

START’s BDS and technical assistance for selected projects helps reduce the risks associated with lending to agribusiness SMEs so that the cost of financing is low.  UNCDF is also providing de-risking instruments to partner financial institutions to increase their interest in lending to agri-business SMEs.

10)  What type of external financiers will START facility link SME projects to?

The primary focus will be to link to domestic financial institutions including Uganda Development Bank and other commercial financial institutions including banks.

11)  What is the minimum/maximum loan that START facility can provide?

START facility targets projects that need additional loan funding from approximately UGX 50 million to UGX 900million. The project developer’s equity contribution should be at least 25% of the total project cost.

12)  What constitutes the 25% equity requirement for the developer’s contribution?

The equity contribution by the developer may come in a variety of forms – cash or non-cash/ in-kind e.g., land, plant & equipment, working capital etc. Any such owner’s contribution must be relevant and necessary to the implementation of the project.

 13)  If one cannot afford the 25% of the project owners’ contribution, should they not apply?

Every applicant must demonstrate their commitment for the project. The 25% contribution can either be cash contribution or in-kind in form of assets. The project developers will have to produce evidence of ownership of such assets to be accepted as part of the contribution.

14)  Must you own the land for the project?

Yes. Project developers will need to provide evidence of land ownership. Land is necessary since its where premises of SMEs are expected to be established and may be helpful in providing the required collateral.

 15) Do land purchase agreements qualify as collateral for the loans?

Land agreements alone are not sufficient evidence; The applicant must fulfill all the collateral requirements of the partner financial institution.  

16)  Does the project only provide for capital costs alone, how about operational costs like extension services?

START facility supports both capital expenditure and working capital, but with more emphasis on capital expenditure for concessional loans and working capital for commercial loans.

17)  How frequently are START facility calls for proposal published?

START facility will issue a call for proposals each year that stays open for that year. Applications will be accepted throughout the year. You can find all the information on the START call for proposals on the websites of PSFU; www.psfuganda.org and UNCDF; www.uncdf.org which are regularly updated. The call for proposals will also be published in the national newspapers.

18)  Is it possible to receive clarification on the call for proposals or guidance on how to complete the application process?

PSFU, FSME, and the other START facility partners are available to provide guidance to project developers to enable them to prepare their applications. Through the Media, local radio stations and implementing partner apex organizations regular sensitizations on the application processes will be carried out.

WHO CAN APPLY

19)  Who is eligible to apply?

Any agribusiness SMEs in Uganda involved in value addition.  Priority will be given to SMEs that put particular attention to and empower vulnerable groups (women, refugees and host communities, people with disabilities and least developed sub-regions) and green practices.

20) What are the requirements to apply?

Any entities involved in agribusiness and value addition are eligible to apply. These must be legally registered entities including   limited companies, sole proprietorships, cooperatives, partnerships, and associations (see our eligibility criteria). The agribusiness applicant must.

1. Have between 2 – 100 employees.
2. Have annual turnover or total assets ranging from UGX 10m to UGX 500m.
3. Have been in operation for at least 2 years.

21)  Are individuals eligible?

 Individuals are not eligible to apply unless legally registered as sole proprietorships. The START facility targets legally registered entities in Uganda like companies registered under the companies act, cooperatives, trade associations, sole proprietorships, and partnerships.

22)  Can women groups that are currently engaged in primary production apply and participate in value addition like men?

Yes, women organized under a company, cooperative or association and sole proprietorship with projects that meet the eligibility criteria will be supported. Priority is given to projects that contribute to economic empowerment of women and youth, people with disabilities, least developed sub-regions as well as to projects that aim at reducing environmental risks and ecological scarcities.

23)  Are Non-Governmental Organizations (NGOs) eligible to apply?

Non-Governmental organizations are not eligible to apply. START facility targets the following project developers: a company, partnerships, sole proprietorships, a cooperative formed under the Cooperative Societies Act, trade association or similar business representative organization legally established in Uganda. Provided the entity can contribute, either from its own resources or in combination with other shareholders, equity equal to at least 25% of the total cost of the project.

24)  Do foreign investors also qualify for START facility support?

Yes, as long as their companies meet the eligibility criteria under START facility including legal registration in Uganda.

25)  Do project Startups (Greenfield) qualify for START Services?

NO, startup projects (Greenfield) that have not been in existence for 2 years do not qualify.

APPLICATION AND SUBMISSION

26)  Where can I find the application form?

When the call for proposal window is open, an on-line application portal has been provided for applicants to submit their proposal. The online form can be accessed on the link www.start.go.ug    and can also be accessed on PSFU FSME and UNCDF websites www.psfuganda.org;  www.fsmeuganda.organd www.uncdf.org and from partner financial institutions. Proposals submitted in hard copy form or by mail will not be accepted.

27)  Can you submit supporting documents to your application after the deadline for submission?

The application process will remain open throughout the year, applicants are encouraged to submit applications and supporting documents all through.

28)  Can you start the application process and return back to it later?

Yes, the START online Submission form allows you to save any work done in the system at every stage and return later to continue and finally submit.

29)  Can an organization submit more than one proposal / application?

No. We urge applicants to focus on one high quality application instead of submitting several.  Every entity is expected to submit only one application.

30)  In what language should the application be completed?

The application should be completed in English language. Proposals submitted in other languages will be rejected.

31)  What’s the timeframe from close of call for proposal to final selection?

The application process will remain open throughout the year, however all completed applications will take approximately 15 days for long listing and 20 days for short listing. At each stage from submission, applicants will be updated on the status of their applications.

32)  Is it possible to get feedback if my project / application is rejected?

START facility team will provide feedback to all applicants, successful and unsuccessful at all stages of evaluation.

33)  How many projects will START facility select for support during each cycle?

This will depend on the applications that meet the criteria and how advanced they are according to the project development life cycle.  

34)  How long does it take from project preparation and development to project financing?

Getting to financial closure is heavily reliant on the project developer providing accurate and reliable information required through the due diligence process. Technical Assistance and BDS  is provided to support the project developer identified and if possible, remove obstacles during the project development and financing phases of the project for the project to be commercially viable and investment ready.  If all the information is available and accurate, it takes between a week to 4 months from the date of application to project financing.

START PRODUCTS AND SERVICES

35)  Can you elaborate more on the financial products offered?

START facility is designed to offer access to affordable medium-term finance for agricultural value adding projects in Uganda through provision of Business Development Services and capital in the form of grants and concessional loans.

The facility can be accessible by agri-business SMEs with a financing gap ranging from UGX 50,000,000 and the maximum shall be UGX 900,000,000.

1. Business Development Services and Technical Assistance

In START phase II, agri-business SMEs will be offered capacity building opportunities to enhance their business and financial management capabilities. This will enable them to meet the criteria for financing qualification and effectively manage the funds. The capacity building support will encompass General BDS, Pre-Investment BDS, Post-Investment BDS, and technical assistance through digital solutions. These elements play a vital role in the growth and development of agri-business SMEs.

 a)  General BDS Support

This represents the fundamental form of capacity building support, aimed at assisting SMEs in meeting the essential prerequisites for the initial screening process of the START facility. Through the provision of general BDS support by the designated apex private sector institutions, SMEs should be equipped to satisfy the pertinent criteria necessary for longlisting. This support will be accessible to SMEs aspiring to apply for START facility funding or those who have previously applied but did not pass the initial screening process. Business clinics and START facility awareness/sensitization events will serve as platforms for delivering this support.

b)  Pre-investment BDS Support

The primary objective of pre-investment BDS is to target and resolve the operational and strategic business aspects that could impede the SME from advancing to full proposal development and benefiting from financial support provided by the START facility.

Operational services encompass the requirements for daily operational activities, while strategic services are utilized by enterprises to address medium- and long-term challenges and enhance performance, market access, and competitiveness. Strategic services play a role in market identification and servicing, product design, facility establishment, and seeking financing, among other aspects.

Under the pre-investment BDS, the typical areas of business covered for SMEs include financial management, business management, operational processes, governance, compliance, and more. This support is primarily delivered by UNCDF through its designated service providers and is primarily accessible to SMEs that have been shortlisted.

The facility will collaborate with digital partners to offer digital solutions that enhance various aspects of business operations. These solutions may include inventory and records management (covering production, purchases, sales, expenses, stock, assets, and liabilities), production traceability, farmer mapping and registration, e-learning, marketing, and e-commerce (facilitating market linkages among market and value chain actors, bulking and aggregation, and providing market information), as well as agricultural services for partner farmers and suppliers.

c)  Post Investment BDS Support

The BDS support offered in this category aims to tackle any issues identified during the preparation of full proposals by the UNCDF team or after accessing financing. This support is accessible to businesses that receive funding through the START facility. It may involve various services such as establishing accounting systems, system upgrades, digitizing SME operations, farmer mapping, acquiring computer hardware and software, conducting market studies and research, advancing technology and product development, recruiting SME staff for capacity building, engaging in policy and advocacy activities, participating in trade negotiations, implementing risk management measures, and conducting regular performance monitoring.

2. Project Proposal Development

UNCDF conducts project development on the pipeline of projects before submitting them to partner financial institutions (especially UDB) for project structuring, financing, and monitoring. Project development involves collaborating with project developers to prepare the following project documentation for the projects, in line with the START guidelines and procedures:

a)  Financial Model - Create the project's financial model (using Excel) for the base case and sensitivity analyses. This includes analyzing the revenue breakdown, profitability, returns, and deal structure. The financial model should propose a financing structure that aligns with the project's characteristics and capacity. It should also incorporate credit enhancement mechanisms (such as concessional loans and partial credit guarantees) and explore alternative sources of finance, such as commercial banks and/or investors, as deemed suitable.

b)  Prepare a Project Information Memorandum (PIM).

c)  Recommending potential funding sources for the projects, if applicable, as well as devising strategies to assist the project in achieving financial close with external investors. This entails collaborating with various stakeholders such as commercial banks, investors, lawyers, contractors, and other relevant third parties.

d)  Highlight any specific areas that require capacity building through technical assistance grants.

3. Start Facility Technical Assistance (TA) Grants

The technical assistance (TA) grant is primarily designed to support SMEs to especially address selected compliance and certification requirements such as environmental and social assessment, product certification (with UNBS), fair trade certification, organic certification, food fortification etc.  The main purpose of the grant is to enable the SME to be compliant with relevant standards as well as increase consumer confidence in their products resulting into increased market share locally and internationally. 

The grant amount available to different categories and sizes of SMEs under the facility shall range from UGX 20,000,000 to UGX 40,000,000. UNCDF will disburse TA grants indirectly to the qualifying agri-business SMEs by hiring / procuring the relevant services.

4. Reimbursable Grants

These are funds extended to businesses where the beneficiary is required to repay only the principal amount. A reimbursable grant does not accumulate interest and is also known as a zero-interest loan or returnable grant. The reimbursable grant will mainly cover working capital needs of the business and acquisition of lighter equipment / machines, power connection, storage facilities among others.

Since most of the SMEs targeted by START facility have never borrowed it’s imperative to provide financing that enables business to appreciate external financing and be more prepared to access concessional / commercial loan financing.  While the costs of running such a facility makes it less attractive without charging interest on the SMEs, the funding offers an opportunity for UNCDF to test SMEs with small amounts prior to the larger concessional loan funding.  The reimbursable grant also offers an opportunity for the beneficiary to generate credit history that may be helpful in accessing concessional funding.

The ability of the targeted SMEs to repay the reimbursable grant will be a precursor for accessing a much more concessional loan funding from UDB and other financial partners.  With the funds provided at no interest, the ultimate weighted cost of capital upon accessing the concessional loan will be even lower for the SMEs.

It’s important to note that the likelihood of failure to repay by the beneficiary SMEs is probable and UNCDF will work closely with the apex private sector institutions and beneficiaries to minimize default rates. SMEs will be required to obtain a letter of recommendation from their respective private sector member institutions where they are members. It’s important to note that UNCDF does not hold any collateral on reimbursable grants and thus the recommendation will serve to put more responsibility on the beneficiary SMEs to fulfill their repayments to maintain clean membership in their apex private sector institution.

Reimbursable grants will range from UGX 20,000,000 to UGX 80,000,000 and beneficiary SMEs will be expected to make repayments within 06-18 months period. The facility will adopt a revolving approach where repayments by MSMEs will be made to a designated UNCDF account for onward lending to other MSMEs (Revolving Fund).

5. Concessional and Commercial Loans

Concessional loans for capital expenditure purposes will be provided by Uganda Development Bank (UDB) to enable agribusiness SMEs acquire machinery, equipment, storage, and processing facilities to increase processing capacity. Interest rates and other terms for concessional loans shall be as follows.

START facility will also work with selected partner commercial financial institutions to provide the commercial loans mainly for working capital purposes. The loan amount provided by the partner commercial and Development financial institutions under the facility shall range from UGX 56,000,000 to UGX 900,000,000 targeting over 350 agri-business SMEs in Uganda. Negotiations with commercial financial partners is on-going and information on which financial institutions and the terms and conditions will be shared as soon as they are confirmed.

START FACILITY PARTNERS

• Which partner institutions/organizations are you working with?

1. a) Private sector foundation of Uganda: Awareness creation, general Business Development Services (BDS) and guiding SMEs to submit applications under the START facility.
2. b) Federation of Small and Medium enterprises of Uganda: Awareness creation, general Business Development Services (BDS) and guiding SMEs to submit applications under the START facility.
3. c) Uganda Development Bank: undertakes appraisal, approval, and disbursement of concessional loans to SMEs
4. d) Partner Commercial financial institutions: Undertake appraisal, approval, and disbursement of commercial loans to agribusiness SMEs.
5. e) Aceli Africa: Providing support and de-risking services to partner financial institutions. Currently working contractual arrangements.
6. f) United Nations Capital Development Fund: Overall project coordination, project development support to strengthen institutional capacities of SMEs, offering technical assistance grants, reimbursable grants,

For more information on START Facility, please contact

1. Deus Tirwakunda – This email address is being protected from spambots. You need JavaScript enabled to view it. ; This email address is being protected from spambots. You need JavaScript enabled to view it.
2. Daniel Kisekka - This email address is being protected from spambots. You need JavaScript enabled to view it.; This email address is being protected from spambots. You need JavaScript enabled to view it.