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A new group of 26 young entrepreneurs today graduated from an intense, six-month incubator at the Youth Startup Academy Uganda (YSAU). At the ceremony, one of the companies signed a milestone investment deal, and a new maker space highlighted YSAU’s commitment to supporting entrepreneurs.
YSAU is an entrepreneurship project inspired and funded by the Korea SMEs and Startups Agency (KOSME).
Since 2011, when the programme was first implemented by KOSME in the Republic of Korea, the initiative has supported the creation of 4,798 startups, including two unicorns with a current market valuation that exceeds $1 billion.
Working with KOSME, the International Trade Centre (ITC), the National Information Technology Authority of Uganda (NITA-U), and co-working hub Hive Colab, the programme wants to generate the first unicorn startup in Uganda.
This transformative programme aims to…
