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Nurturing Entrepreneurs: VC Launches Mastercard US$200k Seed Fund
Published
7 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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General
Makerere University Kicks Off Semester Two Examinations Amid High Student Expectations
Published
7 hours agoon
May 19, 2026
Makerere University, the oldest and most prestigious institution of higher learning in Uganda and one of the foremost universities on the African continent, has officially commenced its Semester Two examinations for the 2025/2026 academic year. The much-anticipated assessment period marks a critical milestone in the academic calendar, bringing together thousands of students from across the university’s numerous colleges, schools, faculties, and institutes as they sit their end of semester papers in a bid to demonstrate mastery of the content covered throughout the semester.
The examinations, which span a carefully structured timetable released by the Academic Registrar, are being conducted across the various examination halls, lecture theaters, and designated assessment venues spread throughout the Makerere Hill campus. Security and integrity measures have been reinforced to ensure that the examinations are conducted in a fair, orderly, and transparent manner, upholding the university’s longstanding commitment to academic excellence and integrity.
This year’s examination season arrives at a particularly significant moment for the institution. Having navigated numerous challenges in recent years including disruptions to the academic calendar, resource constraints, and the ongoing effort to modernize curriculum delivery, Makerere finds itself reaffirming its core identity as a centre of academic rigour and intellectual development. The commencement of these examinations is therefore a statement of institutional resilience and the continued determination of both staff and students to uphold the highest standards of scholarship.
A Season of Academic Reckoning
For the student body, the commencement of Semester Two examinations signals the culmination of months of learning, late night reading sessions, group discussions, coursework submissions, and individual academic effort. Across the hostels, libraries, and common rooms of Makerere, the atmosphere has unmistakably shifted into one of focused determination. Students can be seen poring over lecture notes, textbooks, and past examination papers in every available space, from the steps of the Main Library to the benches of Freedom Square.
The university administration, through the various college deans and heads of department, has urged students to approach the examinations with calmness, thorough preparation, and utmost honesty. Messages reminding students of the dire consequences of academic malpractice have been widely circulated, as Makerere maintains a strict zero tolerance policy toward examination fraud, plagiarism, and any form of misconduct during assessments.

Beyond the pressure of performance, the examination period also carries a deeply communal character on the Makerere campus. Students from different programmes, regions, and backgrounds find themselves united by the shared experience of preparation and assessment. Study groups form spontaneously in corridors and courtyards, senior students mentor their juniors on examination technique, and a spirit of collective striving pervades the institution. It is one of the defining features of life at Makerere, where the pursuit of knowledge is understood as both a personal endeavour and a shared social responsibility.
Preparation and Logistical Readiness
Ahead of the examination period, the university undertook extensive logistical preparations to ensure smooth and uninterrupted conduct of all papers. The Academic Registrar worked in close coordination with college examination officers to finalize seating arrangements, allocate invigilators, distribute examination materials, and confirm examination schedules with both academic staff and students. Special provisions were made for students with disabilities and those with documented medical conditions that may require additional time or special seating accommodations.
The university also invested in refreshing and reinforcing the physical examination venues. Lecture theaters and examination halls have been reorganized to ensure adequate spacing between candidates, proper ventilation, and clear visibility of invigilation personnel at all times. In line with best practices for examination administration, the university ensured that all required stationery, answer booklets, and supplementary materials were available and ready for distribution before the commencement of each paper.
Communication between the university and its students was also given particular attention in the lead up to the examinations. The Academic Registrar disseminated detailed instructions regarding reporting times, permitted materials, dress code requirements, and procedures for handling examination anomalies. Students were also reminded of the appeals process available to them should they have concerns about any aspect of their assessment. These communications were shared through the university’s official online portals, notice boards, college bulletins, and student representative councils to ensure maximum reach across the diverse student population.

The role of academic staff in the success of the examination period cannot be overstated. Lecturers and course instructors spent the final weeks of the semester conducting revision sessions, responding to student queries, and ensuring that all coursework components had been duly submitted and graded before the formal examination window opened. Many went above and beyond the requirements of their schedules to hold additional consultation hours, offering students every possible opportunity to consolidate their understanding and approach the examinations with confidence.
The Student Experience During Examinations
The experience of sitting Semester Two examinations at Makerere University is one that students across all disciplines describe as both challenging and transformative. Whether one is pursuing a degree in Medicine, Engineering, Law, Education, Agriculture, Business, or the Arts and Humanities, the examination period demands a high level of intellectual engagement and self discipline. For final year students in particular, these examinations carry enormous weight, as outstanding results can open doors to prestigious postgraduate opportunities, professional careers, and scholarship programmes both within Uganda and internationally.
First and second year students, many of whom are still adjusting to the demanding academic culture of university life, have also been encouraged to view these examinations not with fear, but as an opportunity to measure their growth and identify areas requiring further attention. The university’s Student Support Services office has throughout the semester offered counseling, academic advising, and peer mentorship programmes designed to equip students with the tools needed to manage examination related stress and perform at their best.
The physical and mental wellbeing of students during this period has also been a priority for the university. The university health center has been operating with extended hours to attend to students who may require medical attention, while the counseling and guidance unit has been available to offer psychological support to those experiencing anxiety or other forms of distress linked to the pressure of examinations. Student leaders have similarly been active in organizing welfare activities such as communal meals, devotional gatherings, and motivational talks to sustain morale across the student community.

International students studying at Makerere under various exchange and bilateral agreements have also been fully integrated into the examination process. The International Office worked to ensure that these students were aware of all relevant regulations, that their results would be properly transmitted to their home institutions, and that any unique logistical needs they may have had were addressed in a timely and sensitive manner. Makerere‘s growing profile as a destination for regional and international students makes this kind of inclusive administration increasingly important.
Upholding the Integrity of the Examination Process
Academic integrity remains one of the most sacred principles at Makerere University. The institution has, over its century long history, produced graduates who go on to serve in the highest echelons of government, civil society, academia, and industry, not only in Uganda but across East Africa and the broader global community. The credibility of a Makerere degree is therefore inseparable from the integrity with which its examinations are conducted. To this end, trained invigilators are deployed at every examination venue, and supervisory visits by senior academic officers are carried out throughout the examination period.
Students found in possession of unauthorized materials, communicating with fellow candidates without permission, or engaging in any other form of misconduct face serious disciplinary consequences, including cancellation of their papers, suspension from the university, or permanent expulsion in the most severe cases. These measures are not intended to intimidate but rather to protect the integrity of each student’s genuine academic effort and safeguard the reputation of the qualifications they earn.
It is worth noting that the vast majority of Makerere students approach their examinations with complete honesty and a genuine desire to succeed on the strength of their own preparation. The university’s integrity framework is designed not to cast suspicion on the student body as a whole, but to create a level playing field in which every student’s results accurately reflect their own knowledge, effort, and intellectual ability. The culture of academic integrity is something that Makerere actively cultivates through orientation programmes, faculty mentorship, and ongoing student engagement on the values that underpin the university’s academic mission.
A Legacy of Excellence in Focus
Makerere University was established in 1922 as a technical school and has grown over the decades into a comprehensive research university offering programmes at the undergraduate, postgraduate, and doctoral levels across virtually every field of human knowledge. Today, with an enrollment of tens of thousands of students drawn from Uganda and across Africa, the university occupies a unique and irreplaceable role in the intellectual, social, and economic development of the region. Each examination season is therefore not merely a bureaucratic academic exercise but a living expression of this legacy of excellence.
The University Council, Senate, and Vice Chancellor have collectively reiterated their commitment to ensuring that the assessment process is not only rigorous and fair but also supportive of student welfare. Plans are already in place for timely marking and moderation of scripts, with results expected to be released within the stipulated periods as outlined in the academic calendar, allowing students to plan ahead for the subsequent semester or, for those completing their programmes, for graduation and the next chapter of their lives.

Alumni of Makerere University, many of whom occupy positions of influence in Uganda and beyond, frequently look back on their examination experiences as formative moments that shaped their professional discipline, their capacity for sustained effort, and their ability to perform under pressure. The lessons learned in the examination hall, they often say, extend far beyond the academic content being tested. They speak to the development of character, persistence, and the kind of intellectual confidence that only comes from having genuinely mastered a body of knowledge. In this sense, the examinations of Semester Two 2026 are not merely an ending but a beginning for each of the thousands of students who sit them.
Looking Ahead: Results, Graduation, and Beyond
Once the examination period concludes, attention will swiftly turn to the processes of marking, moderation, and results release. The university’s academic staff are expected to adhere to strict timelines in the submission of marked scripts and the entry of results into the university’s academic management system. External examiners, drawn from other universities and professional bodies, play an important role in moderating the standards of assessment across programmes, ensuring that Makerere‘s results are benchmarked against regional and international norms.
For students who are completing their final year of study, the conclusion of Semester Two examinations sets in motion the graduation process. Makerere University‘s graduation ceremonies are among the most celebrated events in Uganda’s annual calendar, attended by families, dignitaries, government officials, and members of the public who gather to witness the conferment of degrees upon a new generation of graduates. The graduation ceremony is a moment of immense pride for the university, for the families who have supported their children through years of study, and above all for the graduates themselves who cross the stage having earned their qualifications through genuine effort and dedication.

Students who do not achieve the required grades in one or more papers will have access to the university’s retake and supplementary examination provisions, which are designed to give genuine learners a fair opportunity to demonstrate competence without being permanently disadvantaged by a single poor performance. The university’s academic regulations provide clear and transparent guidelines on eligibility for retakes, the conditions under which supplementary examinations may be granted, and the procedures for lodging appeals. These provisions reflect Makerere’s understanding that the journey of learning is rarely linear and that fairness requires the system to accommodate the full range of student circumstances.
A Message of Encouragement
To every student sitting examinations at Makerere University this season, the message from the university community is one of solidarity and encouragement. The journey through university is not always easy, but it is invariably worthwhile. Every late night spent studying, every difficult concept wrestled into understanding, and every assignment completed under pressure has been preparation for exactly this moment. The examination hall is where months of intellectual labor are given form and voice, and every student carries within them the capacity to rise to the occasion.
The university’s academic and administrative staff, from the Vice Chancellor and the Deans down to the examination room invigilators and the groundskeepers who ensure the campus is clean and welcoming each morning, are all invested in the success of every student. Makerere is not merely a place of learning; it is a community built on mutual commitment to the advancement of knowledge and the development of human potential. Every student who walks into an examination venue this season walks in as a representative of that community and carries with them the hopes of their family, their region, and their country.
As Makerere University proceeds through its Semester Two examination period, the entire institution stands united behind its students. From the academic staff who prepared and marked the papers, to the support staff who maintained the examination venues, to the administration that coordinated the logistics and upheld the rules, everyone is working together toward a single goal: providing every student with the fairest possible opportunity to demonstrate what they know and what they are capable of achieving. Makerere University remains, as it has always been, a place where minds are shaped, potential is realized, and futures are built.
The Writer is a Volunteer in the Public Relations Office, Makerere University and the Mak Sharks PRO | Est. 2014
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Makerere University Newsletter Jan-Mar 2026
Published
10 hours agoon
May 19, 2026By
Mak Editor
The activities of the first quarter of 2026 depict Makerere University not just as a place of learning but as a dynamic space where ideas, ambition, and opportunity shape the future.
This edition highlights a university in motion. The Career Fair 2026 stood out as a powerful moment of reflection and discovery. Under the theme “Machine vs. Man,” students were challenged to rethink their place in a rapidly evolving world shaped by artificial intelligence. What emerged was not fear, but clarity a recognition that the future belongs to those who are adaptable, innovative, and willing to learn continuously. Beyond the discussions, the fair created meaningful connections, opening pathways to careers, further study, and entrepreneurship.
The launch of the Open, Distance and eLearning (ODeL) initiative is a practical step toward inclusive and accessible education. By embracing digital transformation, Makerere is expanding learning beyond physical classrooms and positioning itself as a leader in flexible, technology-driven education. This shift reflects a broader commitment to ensuring that quality education reaches more learners, within Uganda and beyond.
This issue also celebrates the people behind the progress. From staff committing wholeheartedly to the student community they serve to student leaders navigating complex challenges, the stories this quarter demonstrate the personal resilience, creativity, and purpose that drive the institutional transformation at the Hill.
Eunice Rukundo,
Deputy Chief, Public Relations.
Today, Monday 18th May 2026, most students will begin their End of Semester Two Examinations, and they have been encouraged to remain confident and calm during the examination season.
Data from the University Counselling and Guidance Centre shows that even the best-prepared students experience anxiety, pressure, fear of failure, sleep difficulties and emotional exhaustion during examinations.
Addressing students during a pre-examination mental health workshop organised by the Mastercard Foundation Scholars Program at Makerere University on 15th May 2026, Prof. Buyinza Mukadasi, Academic Registrar, reminded students that their mental health is far more important than any grade.
“This workshop comes at the right time. I encourage all students to understand that your worth is not defined by a single examination or grade. Examinations are only one part of your educational journey. What matters equally is your ability to remain healthy, focused, ethical and hopeful throughout the process,” Prof Buyinza, said.
Prof. Buyinza shared practical tips to help students avoid fatigue and excessive stress during this period.

“Prepare a realistic reading timetable and avoid last-minute cramming. Take short breaks while studying to allow your mind to recover and improve concentration. Get adequate sleep and avoid excessive consumption of caffeine and energy drinks,” he noted.
During the session, he also encouraged students to engage in light physical activity, stretching or short walks to refresh their minds and reduce tension.
“Maintain a positive mindset and avoid comparing yourself excessively with others. Stay connected with supportive friends, family members, mentors or counsellors whenever you feel overwhelmed,” Prof. Buyinza advised.
He reaffirmed the University’s commitment to supporting students not only academically, but also in their mental and psychosocial wellbeing, encouraging learners to seek help from counsellors, lecturers, mentors, peers, family members and available support systems whenever necessary.
Speaking at the event, Ms. Prossy Nakayiki, the Deputy Academic Registrar in charge of Examinations and Transcripts warned students against examination malpractice and urged them to uphold academic integrity.

“Anxiety should never push anyone into examination malpractice, do not enter an examination room with a smart watch, phone or any hidden paper commonly known as bullets. Preparation, honesty, rest and self-belief remain the best approaches to success,” Ms. Nakayiki, said.
She also advised students who had not yet printed their examination cards to do so early, noting that delays at the last minute could cause unnecessary panic and disorganisation.
In her presentation about the reality of examination stress and coping strategies, Connie Evelyn Kharono, a Counselling Psychologist at the Counselling and Guidance Center, called upon students to adopt the 5, 4,3,2,1 Ground technique before an exam or intense study session.

The 5, 4,3,2,1 ground technique, is one of the easiest mindfulness strategies designed for managing stress and anxiety, as it can be done almost anywhere and at any time. You name 5 things you can see, 4 you can touch, 3 you can hear, 2 you can smell and 1 you can taste.
She advised students to focus on what they can control.
“You can control your study schedule, your sleep and how kindly you speak yourself. You cannot control the exact questions that will be on the paper, so channel your energy only into the preparations you can influence,” Ms Kharono, said.

Ms Kharono encouraged students to maintain a regular sleep schedule and ensure that they are eating balanced meals and staying hydrated.
Ms Christine Nimusiima, a senior Psycho-Social Officer at the Mastercard Foundation Scholars Program at Makerere University, called upon the students to practise positive self-talk and maintain a healthy mindset.

“During this examination season, avoid comparing your revision progress or predicted grades with your peers. Your only competition is who you were yesterday. Take a deep breath, trust in the work you have done and remember that you have the resilience to succeed. Best of luck with your preparations,” Ms. Nimusiima said.
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