What measures are being taken by the government of uganda in developing entrepreneurship?
1 view
1 view
1
answer
Sort By
ChatGPT
Apr 11
The government of Uganda has implemented several measures to support and promote entrepreneurship in the country. Some of these measures include:
1. Establishment of the Uganda Investment Authority (UIA) to facilitate investment and business development in the country.
2. Creation of the Uganda Development Corporation (UDC) to provide financial and technical support to entrepreneurs and small businesses.
3. Implementation of the Youth Livelihood Programme (YLP) to provide funding and training to young entrepreneurs.
4. Establishment of business incubation centers and entrepreneurship training programs to support aspiring entrepreneurs.
5. Implementation of the Presidential Initiative on Wealth and Job Creation to promote entrepreneurship and create employment opportunities.
6. Reduction of taxes and tariffs on small and medium-sized enterprises to encourage business growth and investment.
7. Collaboration with international organizations and development partners to provide funding and technical support to entrepreneurs.
8. Promotion of access to finance through the establishment of the Uganda Development Bank and other financial institutions.
Overall, the government of Uganda is committed to creating a conducive environment for entrepreneurship and supporting the growth of small and medium-sized enterprises in the country.