Quite interesting, there’s a lot of tech savvy graduates in the country and according to the GEM’s report on Ugandan entrepreneurship metrics, Uganda’s citizens have high aspirations and positive attitudes towards entrepreneurship. They have low levels of fear of failure, and the vast majority see good opportunities to start a business in the country. So how high are these aspirations exactly? The GEM’s profile on the country lists its total early-stage entrepreneurial activity at 35.5%, compared to 13.8% in the United States.
Uganda has been recognized as the most entrepreneurial country by some reports and perhaps the young population stands at 77% scoring the youngest population percentage in the world under 30 years of age. The kind of population has ushered in high rates of unemployment due to many factors which remain a serious policy challenge in the country.
So no matter the aspirations to start a business, how many businesses thrive within this stagnant ecosystem?
To cut the chase, Tech Savvy graduates are a pile but many don’t actually understand how to build an idea with the right team into a disruptive business.
Uganda’s ecosystem is made more problematic by the fact that there’s a lack of startup culture among local startups, I mean parents have a lot of sway on their children’s choice of career and prefer corporate jobs and a lot of local investors prefer to invest in real estate other than looking at technology and a lack of development talent graduating from local universities whose curriculum does not support practical learning – my own computer science course is not a highly respected degree in Uganda
The Universities seem not be doing enough to produce a typical computer science or software engineering student that our industry is looking for, as the emerging trends in such fields keep changing every time.
This is where inCcelerate comes in handy, a full-time 3 month fellowship opportunity that will enable you to become an enMember, where you work with other smart and talented enMembers and get to refine their skills as inCcelerate creates a culture where prototyping, modeling, tinkering are the norm and fail fast is acceptable.
Our work involves increasing the capacity of startups to collaborate, creating avenues for multi-directional learning, both formal and and informal and a space where constructive feedback is welcomed
Within the three months of intensive learning, inCcelerate offers entrepreneurs a solid framework and a practical pathway to design the best possible product/service by providing a rigorous hands-on startup curriculum including solid design instruction, and it doesn’t require someone to have a degree to join the program.
We want to build an ecosystem that enables us to constantly deliver. We therefore intend to build a community not just a workplace, and eventually provide an environment for continuous engagement to refine the ecosystem.
Applications can be done from here – http://bit.ly/inCcelerateCohort1