Kampala

Fort Portal

Kampala Central Division

Central Region

Jinja

Luweero

Mbarara

Lira

Ngora

![cars parked on side of the road near building during daytime](https://images.unsplash.com/photo-1610397909731-995882394aaa?ixlib=rb-4.0.3&ixid=M3wxMjA3fDB8MHxzZWFyY2h8Mnx8a2FtcGFsYXxlbnwwfHwwfHx8MA%3D%3D&w=1000&q=80)
 Uganda’s startup ecosystems are thriving due to various factors such as a young population, skilled immigrants and refugees, a rapid growth rate, a well-educated workforce, and a strong entrepreneurial culture. Notable startups like SafeBoda and Numida have received support from major players like Google Fund and Y Combinator, showcasing the potential of the nation's startup scene. 

 

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 Government initiatives like the National ICT Initiatives Support Program and the National Social Security Fund’s Hi-Innovator provide crucial grant and funding support to startups. The National ICT Innovation Hub offers a conducive environment for ICT innovators with stable internet connection and workspace facilities. 

 

 In addition to government support, non-governmental ecosystem enablers like MTN Uganda and startup accelerators/incubators such as [Stanbic Business Incubator](https://www.stanbic.co.ug/ugandaholdings/stanbic-uganda-holdings-limited/business-incubator), [Innovation Village](https://innovationvillage.africa/), [Hive Collab](https://www.hivecolab.org/), and [Outbox Hub](https://outbox.co.ug/) play a significant role in fostering entrepreneurship in Uganda. 

 

 International organizations like the [UNDP](https://www.undp.org/uganda) also play a key role in accelerating startup growth through initiatives like the assessment of local ecosystems and the development of innovation pods in partnership with universities. 

 

 While most initiatives are concentrated in Kampala, developers are encouraged to explore opportunities in other ecosystems to further boost Uganda’s startup scene. Collaboration among stakeholders, a regulatory framework, and incentives for investments are essential for the ecosystem to reach its full potential.

Uganda

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XENO Investment Management

XENO Investment Management startup from Kampala, Uganda is ranked 30295 out of 154548 worldwide and 10 from the 121 startups in Uganda. See more information and additional rankings on the StartupBlink Global Ecosystem Map

Crunchbase

Semrush

Innovent Labs Africa

UNDP

Youth Venture Capital Fund, worth US$ 10 million, is launched

2011

Uganda Government allocates US$ 100 million to the Youth Livelihood Programme

2013

Uganda Entrepreneurial Ecosystem Initiative” is launched

2018

Ugandan startup Numida raises a total of US$ 12.3 million

2022

XENO Investment Management Startup Info & Ecosystem Rankings | StartupBlink