A delegation of leaders from the Chamber of Young Entrepreneurs, led by their president, Edwin Musiime, has held a meeting with the Deputy Speaker of Parliament, Rt. Hon. Speaker Thomas Tayebwa, who reiterated the need for more government support.
At the meeting, Musiime made the official invitation for the Deputy Speaker to give a keynote at the upcoming entrepreneurship summit to be held on the 14th of July this year at the Kampala Serena Hotel.
The purpose of the dialogue with the deputy speaker was to also seek support from the government in providing an enabling environment for young entrepreneurs to thrive and contribute to the development of the economy.
This is against the backdrop of Uganda’s being a highly entrepreneurial country with a predominantly young population. The government has put in place remarkable initiatives to drive youth entrepreneurship, such as youth livelihood programs and the Parish model.
“A number of youth entrepreneurs have either failed to start or sustain and later on scale businesses due to many factors such as limited entrepreneurship skill set, access to capital, business development limitations, registration requirements, and corporate governance to mention but a few,” Musiime says.
The chamber of young entrepreneurs seeks to provide a common platform where all bottlenecks are addressed for youth to participate in both local and international markets.
Members of the delegation requested that young entrepreneurs be given a voice as the government undertakes policies and budget implementation plans. The chamber seeks support to play an integral role in building capacity for entrepreneurs not to just survive but thrive in the current turbulent economic times. The chamber commits to being part of the ecosystem that promotes youth entrepreneurship as a solution to current youth unemployment.
The Deputy Speaker was elated with the initiatives of the Chamber of Youth Entrepreneurs and commended the delegation’s courtesy call.
He challenged the Chamber of Young entrepreneurs to collaborate with the government in multiplying youth entrepreneurs who in turn create employment opportunities and drive economic growth.
“It is important that we instill the required business mindset and also drive more inclusive financial inclusion for all young entrepreneurs across the country to improve Uganda’s economic growth,” Tayebwa said.
