Business 19 April 2026 Daily Monitor (Uganda)
PSFU Boosts INVITE Funding Ceiling to $40,000 in Latest Round
The Private Sector Foundation Uganda (PSFU) has increased the INVITE funding limit to $40,000 from the prior Shs93 billion cap in its third call. This adjustment seeks to bolster support for local manufacturers. Source: https://www.monitor.co.ug/uganda/business/markets/psfu-raises-invite-funding-to-40-000-in-third-call-5428680
The Private Sector Foundation Uganda (PSFU) has raised the funding ceiling for its INVITE initiative to $40,000 during the third call for applications.
This marks an increase from the previous limit of Shs93 billion, with the primary goal of aiding manufacturers in the country.
The move is expected to provide enhanced financial backing to businesses, fostering growth and development in the manufacturing sector.
Source: Daily Monitor (Uganda)