Government has asked struggling stand-alone startups to form partnerships so as to make their business more lucrative.
Mr David Gonahasa, the lead manager for Industry 4.0+ bureau at the Ministry of Science, Technology and Innovation, said weak and struggling small and medium enterprises ought to make partnerships so as to transform and create jobs.
According to him, the government has earmarked more than Shs90 billion for promotion of innovations in the country to support ecosystems, incubation, and other such systems.
“The government is willing to work with investors and scientists through the Ministry of Science, Technology and Innovation. We at the ministry believe innovation should lead to the development of products that consumers are willing to buy,” he said while officiating at a ceremony where the Youth Start-up Academy Uganda (YSAU) signed an investment deal with…
