Ugandan Tech Hub – Outbox Raises 1M Dollars

Outbox raises 1M dollars

It’s a big hit for an African Tech Hub. Ugandan Outbox raises 1M Dollars for tech entrepreneurs. The incubator was founded in 2012 to provide help by offering workspace, mentorship and training programs to emerging entrepreneurs in the country to build companies with soaring growth.

In its four years of existence, Outbox has lent a hand of support to over 7,000 participants through its in-house workshops and has sired 13 startups, all resident in the spaces, that have been able to raise 1 Million dollars and generated 80 jobs.

Tech enthusiasts and startup ventures undergo training and mentorship programs in the co-working space that Outbox provides. The incubator has been providing help to startups in order to help them raise money for their ventures and access markets co-working space, mentorship and training programs for start-up ventures and tech enthusiasts. Through Outbox’s partnership network, they help new start-ups to raise money for their ventures and to access markets.

Below are some of the startups that  have come up tall from the support they received from Outbox:

Ensibuuko: This is a startup that offers a cloud-based management software for savings and credit cooperative societies (SACCOS), embedded with mobile money capabilities to improve financial record keeping, build operational efficiency and cut costs. The startup has been able to raise $500, 000 as an investment and supports more than 80 savings cooperatives across the country. Ensibuuko has to its credit a number of awards amongst which are Sankalp Forum, Unilever Sustainable Living, and East African ICT4Ag hackathon.

Safeboda:  Outbox has also provided tremendous support to Safeboda, a startup which is transforming the motorcycle taxi industry in the East African nation and even beyond. We are all aware of the unsafe conditions motorcycle riders carry out their business of providing transportation services in most of our African nations. The same is true for the motorcycle riders in Uganda. Trained motorcycle and taxi drivers are the brains behind the SafeBoda startup. This community of persons offers safer experience to passengers. Safeboda, which currently serves over 1,000 motor taxis in Uganda can be hailed by on the streets or even booked through a mobile application.

Women Passion Program: The Women Passion Program (WOPA) has made great strides in the Outbox incubator. WOPA was a program to provide training in order to equip women and girls with skills in human-centered design, Lean startup methodology, web programming and Leadership. Through the program, 75 girls were trained and 4 of them got employed at the end of their training.   “One of my biggest dreams is having a large number of girls join the tech community and I’m delighted to be a part the Women Passion Program. The Women Passion Program has not only equipped me with technical and business skills but also changed the way I view life.”

“One of my biggest dreams is having a large number of girls join the tech community and I’m delighted to be a part the Women Passion Program. The Women Passion Program has not only equipped me with technical and business skills but also changed the way I view life,” Emily Karungi said.

“Our mission is to provide the entrepreneurship, innovation and technology infrastructure that supports African entrepreneurs.

“It is estimated that more than 40 000 young people graduate from Ugandan Universities each year. Yet the market can provide only 8 000 jobs. We strongly believe that the use of technology in various disciplines presents a great opportunity to alleviate Uganda’s youth unemployment problem,” says Richard Zulu, the Founder of Outbox who is a tech specialist and a Google Ambassador.

 

 

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