4th Floor, Kanjokya House, Kanjokya Street. P.O Box 22857, Kampala, Uganda.
NON-COLLATERALISED CAPITAL
Providing the youth especially women with cheap non-collateralized capital and seed funding to scale their businesses.
PLATFORM TO SHOWCASE IDEAS
Providing the youth especially women with a platform to showcase their innovative business ideas.
ADVOCACY
Engaging policymakers and advocating for policy and regulatory frameworks that catalyze youth entrepreneurship.
INCUBATOR SERVICES
Providing the youth especially women with incubator services to conceptualise, develop, and implement their ideas.
More on our Strategy…
Context: The Global Entrepreneurship Monitor (2019) ranked Uganda as the most entrepreneurial countries in the world, recording the highest youth entrepreneurs at 55%. However, most businesses in Uganda also die within 2 years.
Also, according to the Mastercard Index of Women Entrepreneurs (2019) Uganda has the highest number of female entrepreneurs globally with 4 out of every 10 businesses in Uganda owned by women: this highest proportion in the world. Furthermore, Uganda has one the youngest populations in the world with 75% of the people below 35years and Uganda’s employment rate is just around 43%.
So out of every 10 Ugandans who are employable, only 4 are employed. This means that many more Ugandan youth must become entrepreneurial and create their own employment and their own jobs. Entrepreneurship is borne out of ideation and innovation.
The Ideation Corner aims to support the youth, especially women, to create more jobs, employment, and trade by:
Providing the youth especially women with cheap non-collateralised capital and seed funding to scale their businesses.
Providing the youth especially women with a platform to showcase their innovative business ideas.
Engaging with policy makers and advocate regulatory and policy framework that catalyses youth entrepreneurship.
Providing the youth especially women with incubator services to conceptualise, develop and implement their ideas.
Don't Miss Our Latest News
The Ideation Corner seeks a Uganda where every innovative and entrepreneurial
youth has access to cheap capital to scale their business.
Our History
The Ideation Corner was created in 2020 as a small start-up and our Founder and Chief Executive Officer, Damali Ssali, committed funding to start operations. We have so far showcased over 100 young and innovative entrepreneurs, 50% of whom are women.
Over 73% of the content from the Ideation Corner is mainly accessed via the mobile phone.
65% of the viewers are between the ages of 18years and 34years.
About 35% of these are female and 65% male.
The Ideation Corner has gained mainstream recognition and has been reported about by the nation’s leading media houses including Nation Media Television (NTV), Uganda Broadcasting television (UBC), Bukedde Newspaper and Television (local language), the New Vision and the Daily Monitor.
In addition to that the insights shared on the Ideation Corner are being aired on UBC, Uganda’s public broadcaster, every Sunday at 8pm.
Also, the Ideation Corner book was published and donated to secondary school children who come from marginalised families and has been serialised by Uganda’s leading online paper, Chimp Reports, starting in April 2021.
Also, key players in Uganda’s Innovation and Entrepreneurship Ecosystem, including the Minister of Gender, Labour and Culture, and the Deputy Executive Director of Kampala Capital City Authority, have recognised the impact and contribution of the Ideation Corner.
