General
Nurturing Entrepreneurs: VC Launches Mastercard US$200k Seed Fund
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
Hosts Makerere University have officially kicked off the East African Universities’ Debate Championship EAUDC ZAABU 2026, bringing together student debaters, university leaders, and representatives from universities across the region to promote intellectual engagement, critical thinking, leadership development, and regional collaboration. The championship provides a platform for students to exchange ideas, strengthen public speaking skills, and develop solutions through constructive dialogue. This year’s theme is: From Dialogue to Action: The Role of Youth in Africa’s Transformation.
The event reflects Makerere University’s continued commitment to nurturing student leadership, academic excellence, and regional integration by providing opportunities for young people to engage in meaningful discussions and build networks beyond national borders.
Debate as a Platform for Regional Engagement
Chairperson of the Organizing Committee and Makerere University Debate Union (MDU), Mr. Arthur Akatwijuka highlighted the importance of hosting the championship and bringing together universities from different countries across East Africa. He noted that the event demonstrates the role of debate in connecting young leaders, promoting intellectual diversity, and strengthening collaboration among institutions of higher learning.
‘We are excited to have representation from the different countries and universities. This championship is not only about competition but also about creating a platform where young leaders can engage, share ideas, and shape the future of our region,’ said Mr. Akatwijuka.
Mr. Akatwijuka further explained that the championship provides participants with an opportunity to learn from different perspectives, develop confidence, and build skills that will contribute to their leadership journey. He encouraged students to embrace the experience as a platform for knowledge exchange and regional cooperation.
Reaffirming Makerere University‘s Commitment to Regional Integration
Speaking on behalf of the Vice Chancellor, Deputy Vice Chancellor (Finance and Administration), Prof. Henry Alinaitwe reaffirmed Makerere University’s commitment to advancing regional integration and nurturing future leaders through the EAUDC2026. He descried the championship as a vital platform for strengthening collaboration among universities.
‘Makerere was the first university in East Africa, so you are coming back home. This is your university, and its doors are always open to you,’ said Prof. Alinaitwe.
The Deputy Vice Chancellor noted that the championship builds on Makerere University‘s efforts to promote youth leadership and regional cooperation through debate. He said the competition equips participants with critical thinking, communication, research, and leadership skills while fostering unity among East African youth. ‘As we debate regionally, we are strengthening regional integration. By coming here, articulating your points and convincing others, you are being groomed to become formidable leaders and a force for production and transformation in our societies,’ he said.
Prof. Alinaitwe emphasized that beyond the competition, the championship creates opportunities for participants to build regional networks and lasting partnerships that can support future academic, professional, and leadership opportunities. He encouraged all participants to view themselves as winners for contributing to East Africa’s shared vision of integration and development.
‘All of us are already winners simply by participating in this championship. Whether you finish first or sixth, you have strengthened your skills and contributed to building the future of our region,’ stated Prof. Alinaitwe.
Developing Responsible Leaders Through Debate
The Dean of Students Makerere University, Dr. Winifred Namuwonge Kabumbuli warmly welcomed participants and described the championship as an important opportunity for developing responsible and innovative leaders. Dr. Namuwonge noted that debate enables students to improve their communication skills, engage with diverse perspectives, and become better prepared for future leadership roles.
Dr. Namuwonge encouraged participants to uphold integrity, respect different viewpoints, and use the championship as a platform for learning and cultural exchange. ‘Makerere University is proud to host this championship because debate develops leaders who can engage society with knowledge, confidence, and respect,’ Dr. Namuwonge noted.
Communication Skills for Future Leaders
The Electoral Commission Uganda, Head of Public Relations and Spokesperson, Mr. Julius Mucunguzi congratulated the organizers and participants for promoting intellectual dialogue through the championship. He emphasized that debate plays a significant role in preparing young people to communicate effectively and participate in leadership.
Mr. Mucunguzi explained that the skills acquired through debating extend beyond competition and are valuable in professional and public spaces. ‘Debate equips young people with the ability to think critically, communicate effectively, and contribute meaningfully to society. Makerere is proud to provide this platform for East Africa’s future leaders.’
He encouraged students to continue embracing debate as a tool for knowledge sharing, understanding different perspectives, and contributing positively to society.
Transform Dialogue into Action
The keynote speaker and Executive Secretary of Inter University Council for East Africa (IUCEA), Prof. Idris A. Rai who was represented by Dr. Gervais Ndayizeye challenged young people across East Africa to move beyond discussions and take action in addressing challenges facing the continent. He described the championship as a platform for developing future leaders, innovators, and problem-solvers who will contribute to Africa’s transformation.
‘We wish that the end comes not only with debate but with action. The role of youth in African transformation is very important,’ the keynote speaker said.
Dr. Ndayizeye emphasized that young people, who make up more than 70 per cent of Africa’s population, have the potential to turn challenges into opportunities through innovation, entrepreneurship, and leadership. He encouraged the youth to change their mindset from seeking employment to creating solutions and opportunities for others.
‘The question should no longer be, ‘Who will employ me?’ The new question should be, ‘What problem can I solve?’ challenged Dr. Ndayizeye.
Dr. Ndayizeye urged young leaders to actively participate in governance by voting, engaging in public affairs, and holding leaders accountable. He also highlighted the importance of East African integration, calling on young people to embrace regional cooperation and take advantage of opportunities across member states.
‘You must vote. You must engage. You must contribute. You must hold leaders accountable. You must become part of the leadership,’ Dr. Ndayizeye stated.
He further stressed that discipline is essential for success, noting that talent and education must be supported by commitment and responsibility. ‘Talent without discipline is wasted potential. Discipline is what transforms goals into achievements,’ Prof. Idris said.
Concluding his remarks, Dr. Ndayizeye challenged participants to become innovators, responsible citizens, and creators of opportunities who will turn ideas into action. ‘This generation will be remembered as the generation that transformed dialogue into action, challenges into opportunities, and possibilities into progress. The future of this East African Community is sitting in this room today,’ he concluded.
EAUDC ZAABU 2026 is organised by the Makerere University Debate Union (MDU), the official student organization that promotes debate, public speaking, poetry, and critical discourse. The debate will be held from 27th to 31st July 2026 at the Yusuf Lule Central Teaching Facility.
When a delegation from Mbarara University of Science and Technology (MUST) visited Makerere University on 23rd July 2026, one of the biggest discussions was how universities can effectively manage research grants.
The MUST delegation, led by Vice Chancellor Prof. Pauline Byakika Kibwika, visited Makerere to learn from the University’s experience in managing externally funded research projects. During the meeting, Makerere Vice Chancellor Prof. Barnabas Nawangwe revealed that while MUST managed research grants worth about UGX 13 billion in the last financial year, Makerere’s research portfolio now stands at approximately USD 250 million.
The discussion focused on the systems, policies and accountability measures that have enabled Makerere to manage one of the largest research portfolios in Africa.
Research Funding Built on Trust.
Prof. Nawangwe explained that Makerere’s research funding comes from different colleges and research units.
He noted that the Infectious Diseases Institute (IDI) alone attracts about USD 70 million annually, while the School of Public Health receives approximately USD 30 million each year. Together, the two units account for nearly USD 100 million in research funding.
He said these grants are made possible because development partners trust the University to manage public resources responsibly.
“We must ensure proper accountability so that we don’t lose the trust of our donors and continue benefiting from their support,” Prof. Nawangwe said.
How Makerere Manages Research Grants.
Acting University Secretary Mr. Simon Kizito took the MUST delegation through the key requirements that every grant funded project must meet under Makerere’s Grants Administration and Management Support Unit (GAMSU).
He explained that every research project must first be included in the University’s approved budget in line with the Public Finance Management Act before any funds can be spent.
He also emphasized that procurement under research grants must comply with the Public Procurement and Disposal of Public Assets (PPDA) Act, regardless of the donor’s procurement guidelines.
“The Auditor General will pounce on you” if procurement procedures are not followed, he cautioned.
Mr. Kizito further explained that all assets purchased using grant funds, including vehicles and equipment, must be recorded in the University’s central assets register unless the funding agreement states otherwise.
He added that separate project bank accounts can only be opened with approval from the Accountant General, while all projects must submit both financial and narrative reports to funders and government and undergo regular audits.
University Bursar Mr. Evarist Bainomugisha noted that although grant funds do not appear directly in the University’s main financial statements, they are fully disclosed in the notes to the accounts and are audited annually before reports are submitted to Parliament.
Lessons from the Research and Innovation Fund.
The delegation also learnt about the Makerere Research and Innovations Fund (Mak-RIF).
Representing the Fund, Dr. Roy William Mayega said Mak-RIF has invested about UGX 172 billion in research and innovation over the last seven financial years.
He explained that 70 percent of the funding supports competitive research grants, 10 percent is reserved for projects addressing national priorities, while the remaining funds support monitoring, evaluation and dissemination of research findings.
According to Dr. Mayega, the Fund has so far supported 1,480 research and innovation projects, with 53% completed and 47% still ongoing.
Looking Beyond Research Grants.
Director of Research, Innovation and Partnerships Prof. Robert Wamala encouraged the visiting delegation to look beyond simply winning research grants.
He emphasized the importance of investing in strong internal systems, using artificial intelligence to improve efficiency, and ensuring that research leads to publications, patents, commercialization and partnerships with industry.
He noted that universities should not only focus on attracting grants but also on translating research into solutions that benefit society.
Learning from Makerere’s experience.
Prof. Pauline Byakika Kibwika said MUST recently established a Research Institute to coordinate research activities and grant management under one structure. She explained that the University wanted to learn from Makerere’s experience as its own research portfolio continues to grow.
“We have come to learn from your achievements as well as the challenges, so that we can do things better,” she said.
She added that the visit marks the beginning of closer collaboration between the two institutions, with a follow up technical engagement planned to allow the MUST team to learn more about Makerere’s grant management systems, including the GAMSU online platform.
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