Owning motorcycles or vehicles and leasing them to riders/drivers (or partnering with platforms like SafeBoda) is a well-established income model, especially with asset-financing options like Tugende reducing upfront capital needs.
Broiler and layer poultry farming has strong, consistent local demand for eggs and chicken meat. Startup costs scale with flock size, making it accessible from small backyard operations up to commercial scale, with relatively fast turnover on broilers (6-8 weeks).
With mobile money transactions forming a huge share of everyday commerce in Uganda, running a mobile money agent kiosk (MTN Mobile Money, Airtel Money) remains one of the most accessible small-capital businesses — steady commission income, low entry barrier, and demand in both urban and rural areas.
Digital health startup offering telemedicine and healthcare delivery services in Uganda; raised $5M in a notable 2022 funding round.
Electric motorcycle startup building out EV infrastructure for Uganda’s boda-boda transport sector; raised $1M in a 2025 funding round.
Cloud-based microfinance and savings-group management software, helping Uganda’s informal savings groups (SACCOs) digitize their operations.
AgTech startup helping smallholder farmers in Uganda access financing tools to invest in productivity-boosting equipment and inputs.
Asset-finance startup helping boda-boda riders and informal-sector entrepreneurs own their motorcycles/assets through structured financing rather than predatory lending.
Cross-border payments fintech co-founded by Ugandan entrepreneur Ham Serunjogi. Headquartered in San Francisco but built on African cross-border payment demand; has raised over $300M and reached unicorn status.
Fintech startup providing unsecured working capital loans to Uganda’s small and medium businesses via a mobile app. Uganda’s first and only Y Combinator alumnus, backed by Serena Ventures and 4Di Capital.