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40 startups graduate from the youth startup academy

Hive Colab, a technology incubator, celebrated the graduation of 40 startups from Uganda’s Youth Startup Academy (YSA) at its recently concluded SWARM Summit. The graduation, which is YSA Uganda’s third cohort, represented diverse industries and the potential to revolutionize Uganda’s business landscape.

The graduation was attended by YSA Uganda graduates from previous cohorts who were invited as panels to share their entrepreneurial experience and inspire their students.

the graduating Opening It had intensive training camps, which provided the skills and resources necessary to launch and grow successful companies and seek potential investments.

Emphasizing the importance of youth-driven innovation, the Korean Embassy in Uganda encouraged YSA alumni entrepreneurs to pursue their goals. Phyllis Kyomuhendo, founder of M-SCAN, said YSA differed from other projects because it was directly linked to commercial partners.

Youth Start Academy Uganda is a project funded by the Korea SME and Startup Agency (KOSME) under its Korea Ministry of SME and Startup and implemented by the International Trade Center (ITC) and Hive Colab in partnership with the National Authority of Information Technology (NITA). -OR).

The program empowers young aspiring entrepreneurs by fostering a thriving startup ecosystem in Uganda.

The current graduating cohort represents more than 700 young people. businessmen empowered to drive innovation and create employment opportunities across the country.

This year’s Swarm Summit was themed “The Future is Now: Emerging Trends Shaping Startup Ecosystems,” highlighting Uganda’s young and innovative minds and aiming to foster innovation, collaboration and growth. in the Ugandan startup community.

The summit included keynote speeches from industry leaders on the current state and future direction of the startup ecosystem and engaging panel discussions.