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Nurturing Entrepreneurs: VC Launches Mastercard US$200k Seed Fund
Published
8 years agoon

On Friday, 15th February 2019, the Vice Chancellor of Makerere University, Prof. Barnabas Nawangwe represented by the Principal, College of Business and Management Sciences (CoBAMS) Dr. Eria Hisali launched the Entrepreneurship Seed Fund for the MasterCard Foundation Scholars and Alumni of Makerere University. The Entrepreneurship Seed Fund will support Scholars and alumni to create economic opportunities within their communities through social ventures.
The Mastercard Foundation announced a seed funding of US$2,000,000 on 11th August 2018 at the Baobab Summit in Kigali, Rwanda, to implement the Foundation’s Strategy in Africa titled: Young Africa Works in the next two years (2018 to 2020). The strategy focuses on finding solutions to the youth employment challenge and reducing poverty in Africa. The Foundation believes that young people, especially Scholars, will drive and lead change in Africa and are already working hard to fulfill this vision.
Makerere a partner university with Mastercard Foundation received US$200,000 as an Entrepreneurship Seed Fund. According to the Coordinator of the MCF Scholars Program at Makerere University Dr. Florence Nakayiwa, the funding will be geared towards nurturing scholars to come up with social and business ventures. The funds will also help to deepen the development of skills and mindsets required of Scholars as transformative leaders, committed to improving the lives of others.
“The Program Implementation Team designed a seed funding framework to ensure that, the fund will have the greatest impact possible in developing the Scholars as transformative leaders, creating jobs and change through the business ventures. In some cases, Scholars’ ventures will also serve as a ‘transition’ vehicle for them to gain employment after graduating university through their ventures” she said.

The Internship and Entrepreneurship Coordinator of the MCFSP at Makerere University Mr. John Osuna said that the Entrepreneurship Seed Fund is open to all business concepts or social projects that have a high-growth potential, are profitable in nature, have the ability to create jobs and are scalable. The eligible business concepts or ideas include; innovations in Sustainable Agriculture, applications of the service or technological innovation, food processing, tourism, trading, renewable energy, fashion, education, health, artificial intelligence and scaling up existing concepts or ideas.
Mr. Osuna also mentioned that the Fund is ring fenced for the Mastercard Foundation Scholars and Alumni as Principal Investigators or Team Leaders, but the Scholars are encouraged to work with other non-Scholars (other students in at Makerere University) on profitable and social impact projects.
“The first cycle commences this month on 23rd February 2019 with a Social design course for 6 weeks among other development support inclusive of finance up to US$6,000 per project, and mentorship; the second cycle, will be in February 2020,” he explained.
Eligibility and selection criteria
- Scholars in their final year of study supported by the Mastercard Foundation Scholars Program at Makerere University.
- Scholars must be the team leaders in a team of two to four people.
- Where the Scholars choose non-Scholars on their teams, the non-Scholars must be final year students at Makerere University and should not be more two per team.
- The business concepts or Social Venture Projects should be profitable, scalable and be able to create jobs for youth.

At the launch of the Entrepreneurship Seed Fund, Prof. Eria Hisali, thanked Mastercard Foundation for the bright idea that is going to change the mindsets of scholars towards business development. Prof. Hisali said that Makerere University has embarked on looking for work placements and opportunities that can support students’ social and business ideas.
“We have realized that unemployment is a big challenge to our students, therefore, we have embarked on seeking opportunities that can provide with students either jobs, or ideas to support their ventures. We are getting touch with the government to tap into the wealth creation programs that are geared towards helping youth. The University is revitalizing its Endowment Fund, and we believe that; as the funds grow, some should be channeled to these entrepreneurial activities,” he said.
He urged scholars to fully utilize the opportunity from Mastercard Foundation and build their entrepreneurial world.
He called upon students and other youth to tap into the government programs when he said, “as long as you are organized, this support will be availed to you. To the Scholars and Alumni, access to the seed fund is going to be a competitive process. Therefore, to the business projects that succeed I wish you the best in your new enterprises and to the ones that do not succeed, I believe the skillset acquired during the development support will place you in a better position to pitch your projects to other organizations in Uganda and beyond for funding.”

Mr. Ronald Edward Mukasa, the Business Development Manager at Enterprise Uganda, encouraged young entrepreneurs to always be innovative and flexible. In a presentation he made, Mr. Mukasa called upon scholars to pay attention to the 3Cs (Care, Competence and Character) when preparing to join the business or social venture sector. According to him, the business world is looking for people who can find problems and look out for the solutions. He therefore said that someone’s passion matters when engaging in business.
“The reason one goes to school is to discover him or herself. Have passion while working on your ventures and be exceptional. The new environment has space for someone that has an excellent idea. People are willing to pay attention to someone who is good at what he or she is doing. Therefore, you need to go beyond wearing a jersey and be able to score a goal,” he advised.
At the same function, the Vice chancellor launched the Mastercard Foundation Scholars Program (MCFSP) Alumni Association; a network that brings together graduates of MCFSP at Makerere University to share opportunities in academics, employment and entrepreneurship among activities.
The Principal Public Relations Officer of Makerere University Ms. Ritah Namisango encouraged students to fully utilize all the available volunteering opportunities, since this will help them to accumulate the much needed experience as they transition from the academic to the professional work environment.
The Scholars Council Representative on MCF Mr. Petere Ngobi and the Alumni Association Representative Mr. Charles Katuramu encouraged scholars to always take up leadership positions and develop their societies.
Guests were entertained by a remarkable poem from Mr. Andrew Muwhezi; a scholar from CoBAMS, as well as a team of scholars from Lane256.
Article Written by Public Relations Office
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Deepening Japan-Makerere Collaboration: VC Hosts Assistant Minister H.E. Amb. TAKAHASHI
Published
13 hours agoon
September 28, 2026
The Vice Chancellor (VC) of Makerere University Professor Barnabas Nawangwe and Members of Management on September 28, 2026 welcomed H.E. Ambassador TAKAHASHI Misako and her delegation in the Council Room at Main Building to discuss ways of deepening their academic and technical collaboration.
H.E. TAKASHASHI is the Director-General/Assistant Minister for African Affairs, in the Ministry of Foreign Affairs of Japan.
In the session, VC acknowledged and appreciated the long-standing partnership between the University and Japanese institutions; both private and government.
“The university has had good relations with the Embassy of Japan, with JICA, and with several other Japanese institutions… When we returned to normalcy after turbulent political years, the Government of Japan was among the first ones to come to revive our excellence… so Uganda has had a very long and friendly relationship with Japan” Prof. Nawangwe remarked.
He further emphasized the historical impact of this support saying “I want to claim that it could have been because of the support that was given to the Department of Geology at that time, that the discovery of oil became possible in Uganda.”

Contributing to the discussions, the First Deputy Vice Chancellor in charge of Academic Affairs (DVCAA), Professor Sarah Ssali shared areas such as Oral and Maxillofacial Surgery as well as Neurosurgery, where Makerere could benefit from Japanese expertise. She added that the Institute of Gender and Development Studies (IGDS) currently enjoys a collaboration with the Tokyo University of Foreign Studies.
Adding on the outstanding partnership, the Deputy Vice Chancellor in charge of Finance and Administration (DVCF&A) Professor Henry Alinaitwe highlighted traffic management as one of the key areas supported, he said “Japan has helped Uganda in the management of traffic…”
Expounding on this, HE. TAKASHASHI said “I just visited the control center for traffic in Uganda. It was built by a Japanese aid… as of today, they are controlling 31 junctions of traffic signals in Kampala City. They are supposed to boost up their activities to cover the entire Kampala city’s traffic systems” a project, she said, the Japanese Government remains committed to.
Continuing, Professor Alinaitwe highlighted Japan’s resilient and strong structures that can withstand earthquakes. He shared that “Japanese are helping us in developing the standards for earthquake design and management.”
Picking it up from here, H.E. TAKAHASHI acknowledged Japan’s proneness to earthquakes, which has led the country to develop leading global expertise in their management. Although Uganda is not comparatively prone to earthquakes, she reaffirmed that “Japan is deliberately thinking about the sustainable development of Uganda”, as a symbol of their friendship with institutions and the young people of Uganda.

She said the Tokyo International Conference on African Development (TICAD) where “President Museveni is a long-standing participant” is a vital platform for addressing Japan’s various interests in Africa. She also talked about the Free and Open Indo-Pacific (FIOP) Principle, and Japan’s three pillars for Africa.
“The three pillars of Japanese foreign policy towards Africa include; realising a continent of peace in Africa, creating a virtuous cycle of growth between Japan and Africa, and finally realising a society where everyone can feel genuine prosperity through empowering young generation for co-creation,” H.E TAKAHASHI noted.
Professor Julius Kikooma the Director for Graduate Training, expressed a need to leverage the partnership further in graduate student supervision, “our biggest area for collaboration should be capacity strengthening through trainings and working together to boost co-supervision of doctoral programs.”
Agreeing with Professor Kikooma, the Principal College of Veterinary and Animal Resources, Biosecurity Professor Clovice Kankya appreciated the support from Japan, particularly in the training of staff.
“A number of our staff have moved to universities in Japan for staff exchange for competence-based kind of training, but also to mention our Japanese counterparts have given a lot of technical support, not only to Makerere College of Veterinary Medicine, Animal Resources and Biosecurity, but also to the Ministry of Agriculture, Animal Industry and Fisheries. This kind of collaboration has resulted to advancing some of the veterinary reference laboratories” Prof Kankya elaborated.
Appreciating H.E. TAKAHASHI’s visit, Prof. Nawangwe expressed gladness that the brief session had brought forth a number important issues for discussion, which will enhance collaborations between Makerere University, the Embassy of Japan, and the people of Japan in general.

Some of the key areas with existing collaborations include;
- Engineering and Infrastructure
- Traffic Management
- Health and Veterinary Sciences
- Students and staff exchange
- Space science
- Disaster prevention
- Capacity building and volunteers
- Library and cultural resources
Makerere currently partners with a number of Japanese Universities including; University of Kobe, University of Tokyo, Kyoto University, Tottori University, among others.
The University Management appreciates the government of Japan for an impactful collaboration over the years as “We Build for the Future.”
Photos by Benite Uwase, Public Relations Office, Makerere University
General
Makerere Marathon 2026 – Running to Equip the Disability Support Center
Published
2 days agoon
September 27, 2026
Kampala – Braving the morning downpour, participants started gathering as early as 5:00 AM. University roads were awash with green and gold kits clad by thousands of runners who gathered at the Hill to participate in the 6th edition of the Makerere Marathon that took place on September 27 2026.
Attendance was representative, with students, alumni, corporate teams and distinguished guests present to run under the featured race categories including the 5km, 10km, 21km, and 42km, alongside a 3km wheelchair race. These options gave persons of different abilities and fitness levels the opportunity to take part.
All races were officially flagged off at the Makerere Main Building parking lot by various dignitaries from Makerere, and partnering institutions led by the Chief Runner, the Speaker of Parliament Rt. Hon. Jacob Marksons Oboth. He was joined by the Chancellor of Makerere University and Second Deputy Prime Minister, Hon. Dr. Crispus Walter Kiyonga.
The other dignitaries that accompanied the Speaker included; Dr Lorna Magara the Chairperson of Makerere University Council, Mr. Mark Anthony Muyobo CEO NCBA Bank Uganda, Mr. Phrase Lubega Managing Director of MTN Mobile Money (U) Limited, and Dr Maggie Kigozi, the Board Chairperson of the Makerere University Endowment Fund (MakEF). Representatives from partner institutions and sponsors for this year’s Marathon were also present to witness the lively flag-off ceremony.

Welcoming the dignitaries who convened in the Vice Chancellor (VC)’s Boardroom, Professor Barnabas Nawangwe echoed Makerere University‘s commitment and deep appreciation for the high-level government and private sector support received during the Marathon.
He reiterated that the institution feels privileged to host the Speaker of Parliament and the Chancellor, who also serves as the Deputy Prime Minister, thanking them for their dedication to flagging off the runners despite the heavy downpour.
The same dedication was on full display throughout all race categories up to the finish line. Large crowds lined the university road sides, cheering wildly, blowing trumpets, and waving flags as the runners made their final sprint. Tired but smiling runners crossed the finish line one after the other, raising their hands in victory.
Impact of the Mak Marathon on Disability Support Centre
The Marathon serves as more than just a sports activity, it comes in as a conduit for institutional progress and student empowerment.
During the Speaker Rt. Hon. Oboth’s guided tour of the Disability Support Centre, the Manager, Ms. Elizabeth Rwabu acknowledged that so far, proceeds from the Marathon have directly transformed their services.
She elaborated, “the Makerere Marathon has been the primary driver of our growth as a centre, allowing us to support approximately one hundred and fifty-five students who rely on our services.”

The highlight of the delegation of distinguished guests and runners visit was a guided tour of the Center’s facilities, where technologies so far secured were displayed and existing as well as future needs were put forth.
She pointed out an all-in-one printer, explaining, “this printer is special because it has regular print. We also use it for large print… and scanning.”
She highlighted the machine used for tactile learning, saying, “we have an embosser here. And when students have their soft copy and hard copy notes, they bring them to the center, and we transcribe them to braille format.”
She also described the emergency solution for mobility, stating, “we also procured electric wheelchairs, which students with disabilities can actually borrow and use.”
Among students who added their voice to Ms. Rwabu’s was Ms. Catherine Nakibuuka, Chairperson of the Makerere University Disability Students Association. She is a student with visual impairment pursuing a Bachelor of Laws (LLB) who volunteered to explain to the Speaker how important some of the machines current in use are;
1. Eye Magnifier – This is a complex machine used to magnify small prints. It assists students who have visual impairments and rely on large print to read.
2. Focus Blue 40 – This is a modern device used for taking notes. It replaces older, large, and noisy Braille machines. It is portable enough to fit in a bag, making it suitable for use in meetings or courtrooms. Additionally, it can connect to a computer to display the Braille information on a screen, allowing sighted individuals to see what the user is reading.
Ms. Nakibuuka expressed deep gratitude for the support received through the Endowment Fund, Makerere University, and the organizers of the Marathon.
She stated, “We love these things,” noting that the Makerere Marathon’s goal to support the center makes education more inclusive.

The sharing by staff and students at the centre moved Dr Maggie Kigozi, who in turn appreciated them noting that “I’m glad to hear we are being useful as the Makerere Endowment Fund” and pledged that the Fund “will continue to work with the centre until they achieve more.”
Institutional Vision
The Chairperson of the Makerere University Council Dr. Lorna Magara acknowledged that the current Student with Disability Support Centre space may not be enough for the entire university.
In the spirit of remedying this, she shared that, “one of our goals is to have these centers in every other department of the university.”
“If we can have four or five or even maybe in every Hall of Residence, a smaller unit like this, then students with disabilities don’t have to walk long distances, that’s our target,” Dr. Magara explained.

Rt. Hon. Oboth Commends Makerere for the Marathon and Inclusivity
The Speaker of Parliament, Rt. Hon. Jacob Marksons Oboth thanked the leadership for the Marathon, stating, “we want to thank the leadership of this university for innovative leadership that has brought the sixth Makerere Marathon to fruition.” He added that it is “gaining traction and momentum” and is “going a long way in creating awareness for persons with disability and its other yearly themes.”
While touring the Disability Centre at the Frank Kalimuzo Central Teaching Facility, Rt. Hon. Oboth addressed the students with disabilities, and emphasised a distinction between sympathy and compassion, noting, “what the students with disability need is not our sympathy. you need our compassion. You need the support. Sympathy will not help because it varies, but compassion remains.”
Regarding Parliamentary support, the Speaker made an individual contribution and also pledged, “as Parliament of Uganda, we are here to support the cause.”

He specifically invited the University to partner with Parliament for future events, saying, “we want to further pledge that for the next Marathon, please work with us through the Clerk of Parliament, so that we can take center stage.”
On a lighter note, he encouraged the students with disability to persevere, remarking, “after all, Makerere University is built on a hill, so every day you climb the hill, you are breaking a barrier. So take those barriers as a hill you are breaking.”
Makerere Marathon from a Student with Disability’s Perspective
Nalumansi Sharon, a student with disability in her third-year pursuing a Bachelor of Applied Psychology secured first place in the 3-kilometer wheelchair race. Beyond her athletic success, Sharon is a passionate advocate for fellow students with disabilities.
In an interview with Makerere Public Relations team, Sharon confessed that her personal motivation to participate in this event was the appreciation of challenges faced by persons with disabilities and desire to contribute to causes that support her peers.

“It feels good to be part of this mobilisation because I also have a disability, and I feel good if I do something that will help my other colleagues,” Sharon confessed.
She added that Makerere University‘s hilly terrain makes mobility difficult but with resilience, students with disability can overcome. She urged donors to contribute toward electric wheelchairs, which would significantly improve students’ ability to study and navigate campus.
Sharon therefore appreciated the Makerere University Endowment Fund for bringing together sponsors and the general public to raise funds for the betterment lives of students with disability at Makerere.
As the conversation deepened, Sharon praised the Makerere Disability Support Center for providing an environment where students with disability can complete coursework, receive guidance, and access printing services, allowing them to focus on their studies without unnecessary distractions.

She concluded by praying that God blesses all who pool their resources for the good of Persons with Disability.
Sponsors’ Inspiration to partner and support Mak Students with Disability
Speaking at the launch on July 1, 2026, Mr. Mark Muyobo, the Chief Executive Officer of NCBA, the Platinum Sponsor of the Makerere Marathon, highlighted that the partnership reflects a shared belief in the power of education to shape the future.
He said “our partnership with Makerere University is founded on a shared conviction that education remains one of the greatest investments any nation can make. For generations, Makerere has produced leaders, innovators and professionals who continue to shape Uganda and Africa. Supporting its future is an investment in our country’s future.”
In an interview, the Managing Director Mr. Phrase Ronald Lubega emphasized that MTN Mobile Money is driven by the belief that every Ugandan deserves the benefit of a modern quality of life.

He stated that MTN aims to positively impact communities within Uganda, ensuring they are healthy, supported, and progressing. By focusing on these areas, the company believes they help communities serve the country more effectively.
Beyond their core mobile money services, Lubega highlights the importance of connecting people through initiatives like sports, which help individuals integrate and network. He explained that these connections are essential for innovation and moving forward.
Organised through the Makerere University Endowment Fund (MAKEF) together with partners, this 6th edition will equip Makerere University’s Disability Support Centre and provide students with disabilities with assistive equipment that enables them to read, type, and hear university assignments and participate more fully in academic life.
This initiative reflects Makerere’s commitment to ensuring that disability does not become a barrier to accessing quality university education.
Photography by Benite Uwase, Public Relations Office, Makerere University
View Flickr Album: https://flic.kr/s/aHBqjD68fW
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Call for Applications: RLRH Graduate Traineeship Programme
Published
6 days agoon
September 23, 2026By
Mak Editor
The Refugee-Led Research Hub (RLRH) is inviting applications for a six-month professional traineeship programme for master’s graduates who have been affected by forced displacement with refugee status.
This next cohort will run from November 2026 to April 2027 at RLRH offices in three locations: Nairobi, Kakuma refugee camp, and Kampala. The programme is designed for recent master’s graduates and alumni of the Mastercard Foundation Scholars Program at any partner university.
The traineeship provides graduates with training and mentorship to support their transition into professional careers. During the programme, trainees will receive specialised training in research and project coordination, as well as the opportunity to pursue an independent project. Upon completion, they will access a range of paid professional and research placements at RLRH and/or partner organisations.
- Location: Nairobi (Kenya), Kakuma refugee camp (Kenya) or Kampala (Uganda)
- Duration: Six months (November 2026 to April 2027).
- Time commitment: 25 hours per week, 3 days in-person at RLRH offices
- Stipend: 450 GBP per month; plus reimbursement for local travel which will be provided for the duration of traineeship.
- Application form: https://bit.ly/traineeship26
- Deadline: Friday 2nd October 2026 @ 11.59pm EAT (Nairobi time)
Please see download for further details.
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