Students in Uganda to start poultry business

12-09-2008 | |

Five Makerere University students in Uganda have got sh30m (US$18,580) to start a poultry breeding project after winning a competition aimed at teaching them entrepreneurial skills.

The contest, which was organised by AIESEC International, had 40 groups which wrote business proposals. Of the 40 proposals, 11 were ready for judgement. “All the proposals had a vision but did not include maximising profit attainment. They should have clear management, identification of risks and less assumptions,” said Gerald Osolo of the East African Development Bank (EADB) who was the chief judge.

The competition was part of a two-month programme for students of Makerere University and Makerere University Business School. The business plans were written for the programme’s funders like Lion Assurance, Makerere University’s Faculty of Information and Computing Technology, Enterprise Uganda and EADB.

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