<\/div>\n<\/div>\n
He said: \u201cThe Stanbic Business Centre provides an enabling environment for entrepreneurs in small and medium size enterprises to acquire the knowhow to ensure the sustainability of their enterprises. Among other programmes, through this partnership we shall jointly develop and implement a series of initiatives on National Content suited for the UCA member societies.\u201d<\/p>\n
Stanbic Business Incubator Limited established the Business Incubator Centre to promote capacity building and business development services by way of offering training on different business aspects, sharing information and enterprise development.<\/p>\n
The facility is contributing towards the promotion of local content by addressing the key challenges facing small enterprises (SMEs) in the various sectors of economy. In collaboration with key stakeholders such as the Petroleum Authority of Uganda (PAU), Uganda National Oil Company (UNOC) and other JV Partners, over 1000 businesses have been trained to date and prepared to supply Uganda\u2019s budding Oil & Gas industry at all levels.<\/p>\n
\u201cThe Business Incubator will organise and facilitate joint learning, experience sharing and training sessions for the UCA member societies based on their enterprise needs. We shall also mobilise funding to help with the cooperatives\u2019 incubation programmes and source additional specialised expert training partners in aspects of Enterprise Development and Technology innovation,\u201d Otoa said.<\/p>\n
Commenting on the partnership\u00a0Ivan Asiimwe, the General Secretary, Uganda Cooperative Alliancesaid the partnership will go a long way in improving financial management and efficiency at the various cooperatives across the country.<\/p>\n
\u201cUganda Cooperative Alliance is the umbrella body for all cooperatives in Uganda. One of our core responsibilities is to help build the capacity of these cooperatives. The Stanbic Business Incubator has had a major positive impact on SMEs and we want to tap the skills and knowhow being offered at the Centre to boost the capacity of our member societies. We shall also conduct ecosystem mapping and profile cooperatives business technologies for commercialisation in the selected districts or areas of common interest,\u201d he said.<\/p>\n
Asiimwe said they will also develop mentorship and incubation programmes for their various members in business management designed for the cooperative value-chain and also facilitate business development or partner with cooperatives business partners.<\/p>\n
UCA is an umbrella organisation for all cooperatives in Uganda established in 1961<\/p>\n","protected":false},"excerpt":{"rendered":"
The Stanbic Business Incubator Centre and Uganda Cooperative Alliance (UCA) have signed a memorandum of understanding to help streamline the businesses operations of member societies across the country. It entails … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":9210,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7443,11],"tags":[1835,5735,4995,8001,2603,5104,6728],"class_list":["post-9209","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-eastern-africa","category-top-news","tag-oil-and-gas","tag-pau","tag-petroleum-authority-of-uganda","tag-stanbic","tag-uganda","tag-uganda-national-oil-company","tag-unoc","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/Stanbic-UCA.jpg?fit=800%2C533&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-2ox","jetpack-related-posts":[{"id":6513,"url":"https:\/\/www.oilnewskenya.com\/index.php\/stanbic-bank-icbc-host-uganda-china-oil-gas-business-forum\/","url_meta":{"origin":9209,"position":0},"title":"Stanbic Bank and ICBC host Uganda – China Oil & Gas Business forum","author":"","date":"August 20, 2017","format":false,"excerpt":"Stanbic Bank Uganda in collaboration with the Industrial and Commercial Bank of China Limited\u00a0(ICBC), the world largest bank and most valuable bank by market capitalization, hosted an Oil & Gas Conference in Kampala that discussed partnership opportunities and encouraged greater cooperation between Ugandan and Chinese businesses in the country\u2019s nascent\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top 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Kingfisher Oil development projects.\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/02\/UGANDA-mou-signing-pau-abi-eprc-scaled-1.jpg?fit=1200%2C659&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/02\/UGANDA-mou-signing-pau-abi-eprc-scaled-1.jpg?fit=1200%2C659&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/02\/UGANDA-mou-signing-pau-abi-eprc-scaled-1.jpg?fit=1200%2C659&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/02\/UGANDA-mou-signing-pau-abi-eprc-scaled-1.jpg?fit=1200%2C659&ssl=1&resize=700%2C400 2x, 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News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/05\/EACOP.jpg?fit=960%2C796&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/05\/EACOP.jpg?fit=960%2C796&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/05\/EACOP.jpg?fit=960%2C796&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/05\/EACOP.jpg?fit=960%2C796&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":14882,"url":"https:\/\/www.oilnewskenya.com\/index.php\/uganda-tanzania-eacop-announces-the-closing-of-the-first-financing-tranche-for-the-east-african-crude-oil-pipeline-project\/","url_meta":{"origin":9209,"position":3},"title":"UGANDA\/ TANZANIA: EACOP Announces the Closing of the First Financing Tranche for the East African Crude Oil Pipeline Project","author":"","date":"April 1, 2025","format":false,"excerpt":"EACOP Ltd., the company in charge of the construction and future operation of the East African Crude Oil Pipeline project from Kabaale in Uganda to Tanga in Tanzania, is pleased to announce that it has closed thefirst tranche of external financing for the project, provided by a syndicate of financial\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/01\/EACOP.jpg?fit=1200%2C849&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/01\/EACOP.jpg?fit=1200%2C849&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/01\/EACOP.jpg?fit=1200%2C849&ssl=1&resize=525%2C300 1.5x, 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"Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/03\/UNOC-Sonatrach-MoU.jpg?fit=1024%2C768&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/03\/UNOC-Sonatrach-MoU.jpg?fit=1024%2C768&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/03\/UNOC-Sonatrach-MoU.jpg?fit=1024%2C768&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/03\/UNOC-Sonatrach-MoU.jpg?fit=1024%2C768&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":5703,"url":"https:\/\/www.oilnewskenya.com\/index.php\/oil-and-gas-to-employ-160000-ugandans-during-peak-construction-phase\/","url_meta":{"origin":9209,"position":5},"title":"Oil and Gas to employ 160,000 Ugandans during peak construction phase","author":"","date":"February 21, 2017","format":false,"excerpt":"The oil and gas industry will indirectly employ\u00a0up to 160,000 Ugandans during the development phase peak including 13000 direct jobs according to the petroleum directorate. 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