Kampala International University (KIU) has currently put a premium on investing in promoting self-employment among youth, by teaching them and training them to be good entrepreneurs and businessmen and women, by establishing a Business Incubation Centre (BIC) at the IddiBasajjabalaba Memorial Library (IML), at the main campus-Kansanga.
Vice-Chancellor Dr. Mouhamad Mpezamihigo said the business incubation centre will provide basic infrastructure and allied facilities for researchers and young entrepreneurs who are interested in developing early-stage business ventures.
The incubator will, in the long-run, enable students to acquire essential development skills necessary for the competitive industry thus developing and building the minds of young and talented entrepreneurs.
"The centre is an independent setup that will support new and startup ideas of the students in their initial development stage by providing an array of targeted resources and services," said Dr. Mpezamihigo.
KIU hopes that the centre will soon start contributing to the economic growth of the country by generating employment and aiding in the creation of small and medium start-up companies.
"The services will be developed or arranged by the BIC and offered by it directly or through its network of contacts," said Dr. Mpezamihigo.
Through this new venture, technology and communications industries will gain access to affordable, stable, and highly trained developers including software engineers thereby pertaining to the main drive towards the establishment of the BIC.
According to Dr. Mpezamihigo, the idea was driven by the realization that Uganda has very few developers, yet KIU and other universities are releasing a number of computing graduates in different sectors and fields annually.
With these new inventions and ideas, KIU looks forward to not only becoming the best university in the country by promoting entrepreneurship and self-employment among the youth but also contributing to the community for the betterment of the young generation.