Improved Access to Finance
for Green Enterprises in Uganda

The Uganda Green Enterprise Finance Accelerator aims to facilitate the flow of green finance into the Ugandan SMEs sector through strengthening green SMEs and improving available financial mechanisms for SME debt financing.

We reduce the risk of financing change by working together with financial institutions to co-create funding facilitation mechanisms for green SMEs, and launch them with enterprises that have graduated from our acceleration programme to prepare for a wider roll-out.

We support green enterprises through a comprehensive and finance-focused accelerator programme to develop the business and financial skills needed to access financing and scale their positive environmental impacts and employment contributions.


Who is behind UGEFA
Which partners contribute to our success

The Uganda Enterprise Finance Accelerator is a four year project funded fully by the European Union. It is implemented by adelphi research gGmbH, a public policy consultancy and think tank focused on climate, environment and development based in Germany. The project is further implemented in collaboration with Finding XY and SEED.
European Union

This project is funded fully by the
European Union


This project is implemented by
adelphi research gGmbH


This project is implemented in collaboration with

Finding XY

This project is implemented in collaboration with
Finding XY

Our Activities

Catalyser Programme

Prepare green enterprises with growth potential to bring their solutions to scale through interactive group-level trainings.

Accelerator Programme

Support green enterprises after loan approval to invest the funding through tailored one-one-one advisory.

Funding Facilitation

Facilitate access to loans tailored to green business growth.

Green and Climate Finance Trainings

Implement trainings for financial institutions to build the case for green SME financing and to leverage opportunities for green and climate finance.

Green Finance Dialogue Fora

Provide a platform for networking and exchange of knowledge and insights on green and climate finance, based on interactive and innovative formats and workshops.

Training Business Advisors

Build a community of top-tier Business Development Advisors through participatory Training of Trainer workshops and tried and tested toolkits.

Our Objectives & Expected Results

Our Specific Objectives
What we aim to achieve with the Accelerator


Engage green enterprises

through a 3-stage programme of capacity building workshops and peer mentoring sessions to improve their business models, financial systems and capabilities, and prepare for external financing.

Co-create financial mechanisms

with financial institutions that address challenges in financing green SMEs, making the case for green SME financing.

Build a supportive ecosystem

around the green SMEs by training business development advisors, preparing trainings for financial institutions, and creating a green finance community, including through annual Green Finance Dialogue Fora.

Our Expected Results
What we consider as success of the Accelerator

Through an integrated package of enterprise capacity building, facilitation of tailored and accessible loans, and engagement with the green enterprise ecosystem in Uganda, the Uganda Green Enterprise Finance Accelerator expects the following results over four years:



supported through the Catalyser Programme to prepare for external financing


successfully submitted applications to commercial banks in Uganda to access tailored loan finance



received tailored loan finance and benefitted from one-on-one advisory to absorb the funding


Green Finance Dialogue Fora

provided a platform for networking and exchange