Business Development Support for Ugandan SMEs

Open Capital, in partnership with Oxfam, is supporting Ugandan businesses with development assistance to grow and raise growth finance. Businesses that meet the criteria will receive expert support on a risk-sharing basis to prepare for growth and investment, and access to our network of over 200 investors interested in East Africa.

We seek businesses that meet the following key criteria:

  • Location: Businesses located anywhere in Uganda
  • Sectors: Any sector, excluding primary health care, education, and extractives
  • Minimum two years of existence
  • Registered as a for-profit organization with revenues of USD 100K – 1.2M
  • The entrepreneur is socially committed and the activities of the business:
    • Have substantial opportunity to scale
    • Generate income and/or employment for the Bottom of the Pyramid, and/or
    • Are at the benefit of women and/or youth and/or farmers, and/or
    • Strengthen the market position of suppliers
  • Could benefit from business support to prepare, plan for growth and secure investment. Support may include:
    • Refining and developing business strategies to support resilience both during and after the pandemic
    • Reviewing and prioritizing alternative strategies for growth
    • Developing robust operations to manage the business at scale
    • Developing investor materials such as business plans and financial models
    • Developing effective talent strategies to recruit, motivate, train, develop and retain staff

If you are interested in being part of the program, please submit your application here. Please note that applications are accepted on a rolling basis. Should you have any challenges accessing the application form, please reach out to us at

About Open Capital

Open Capital Advisors is a management consulting and financial advisory firm that drives growth, enables investment, and builds markets across Africa. We help businesses, investors, development partners, and the public sector to identify opportunities and deliver unique, impactful solutions. Our mission is to advance African economies and build future generations of business leaders. Since 2010, we have completed over 1000 engagements across 25 countries in Sub-Saharan Africa and raised over $ 1 billion in capital for impactful businesses across the continent. Our locally based team of over 150 full-time staff brings experience from the world’s top consultancies, private equity firms, investment banks, and development organizations. For more information, please visit