Deputy Speaker of Parliament Hon Thomas Tayebwa has advised members of the Chamber of Young Entrepreneurs to collaborate more with government in order to obtain support to boost entrepreneurship in the country.
Hon Tayebwa made the call while meeting a delegation from the Chamber of Young Entrepreneurs led by their president Edwin Musiime.
The Deputy Speaker was elated with the initiatives of the Chamber of Youth entrepreneurs and commended the delegation’s courtesy call.
He challenged the Chamber of Young entrepreneurs to collaborate with the government in multiplying youth entrepreneurs who in turn create employment opportunities and drive economic growth.
“It is important that we instill the required business mindset and also drive more inclusive financial inclusion for all youth entrepreneurs across the country in improving Uganda’s economic growth,” Tayebwa said.
The dialogue with the deputy speaker was to also seek support from the government in providing an enabling environment for young entrepreneurs to thrive and contribute to the development of the economy.
This is against the backdrop of Uganda being a highly entrepreneurial country with a predominantly young population. The government has put in place remarkable initiatives to drive youth entrepreneurship such as youth livelihood programs and the Parish model.
“A number of youth entrepreneurs have either failed to start or sustain and later on scale businesses due to many factors such as limited entrepreneurship skill set, access to capital, business development limitations, registration requirements, and corporate governance to mention but a few,” said Musiime.
The chamber of young entrepreneurs seeks to provide a common platform where all bottlenecks are addressed for youth to participate in both local and international markets.
Members of the delegation requested for the young entrepreneurs to be given a voice as the government undertakes policies and budget implementation plans. The chamber seeks for support to play an integral role in building capacity for entrepreneurs not to just survive but thrive in the current turbulent economic times. The chamber commits to being part of the ecosystem that promotes youth entrepreneurship as a solution to current youth unemployment.
Tayebwa will be making a keynote address at the upcoming entrepreneurs summit slated for July 14th, 2022 at the Kampala Serena Hotel.
