Financing and supporting early-stage businesses in Uganda is not an easy task. In this report with USAID we look at what we have learned from our portfolio over the last few years and how this helps to inform our investment criteria going forward.
A social business needs to deliver results in three core areas; social impact, financial sustainability, and organisational resilience. But in order to mature in these areas businesses need more than just capital; they also require non-financial support, training and access to networks.
“At Upaya, we have always focused on growing the enterprises that have the highest potential to create jobs to lift families out of poverty,” said Kate Cochran, CEO of Upaya Social Ventures.
Amidst the hype from Friday’s Climate Strikes and the ongoing UN Climate Week, it was fantastic to have the opportunity to speak at the #LeadTheBeat B Corporation Summit this week. Having been involved in the social business movement for over ten years, the summit felt like a real moment of change.