By Isaac Naboth Niwagaba and Sophan Niwamanya
Uganda breweries limited (UBL) has given out Ugx 7 million as seed capital to best students at African College of Commerce and Technology- ACCT to boost their startup businesses, following their outstanding performance in the Entreprenuership Department.
In 2019, UBL offered 40 students scholarships worth 116 million for the students to pursue vocational courses from Datamine Technical Business School and Africa college of Commerce and Technology, Kabale.
Through a technical expert –Enterprise Uganda –UBL also provided career guidance and supported the beneficiaries to start up various businesses to earn them income.
Of the 40 students that were awarded scholarships, 24 of these were female and 16 were male.
Speaking during the student’s graduation ceremony at African college of commerce and technology Kabale, Alvin Mbugua, the managing Director of Uganda breweries limited said that they are honored to have been a part of the journey that saw all the students of the skills for life program overcome obstacles of the previous year and make it this far.
The director of enterprise Uganda Rosemary Mutyabule in his speech read by Ronald Mukasa noted that the students who received the startup capital were selected based on their capacity to execute and implement business projects.
The students who received seed capital are Arinda Kofudensi, tumukunde immaculate, Nsabiyunva Vian and Nyesiga Francis.
Immaculate Tumukunda said that she has acquired a skill of tailoring through the initiative from UBL in partnership with enterprise Uganda. She commended UBL for the seed capital rendered to her and a hand to boost her business which she started November last year.
Nsabiyunva Vian said that he feels better after being given a seed capital to boost his business of stationery which he is running in Kisoro district.
Ndemere Adrian, the Director African College of Commerce and Technology, said that it is a great opportunity for the UBL to sponsor students at Acct and acquire skills that will help the students in their entire life. He commended UBL for giving students seed capital and the support to the students.
Speaking as the guest of honor, Ntimba Edmund, the Kabale District Chief Administrative Officer said that this will fight unemployment among the Youth that has gained skills through training. He commended ACCT for putting an institution to help students gain skills and UBL for giving back to the community through sponsoring students.