INVITE

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Overview

  • Founded Date January 1, 1900
  • Sectors Human Resource
  • Posted Jobs 2
  • Viewed 1

Company Description

The Investment for Industrial Transformation and Employment (INVITE) is a Government of Uganda (GoU) project financed by the World Bank and other development partners including the Netherlands, the United Kingdom, and Sweden through a Multi-Donor Trust Fund (MDTF) Grant.

The Project seeks to support private sector investment and employment in the manufacturing and exporting sectors and to support new economic opportunities including in refugee and hosting communities.

The Project is being implemented by the INVITE Trust (MoFPED and BoU-Trustees) and PSFU and, comprises four components:

  • Component 1: Supporting Manufacturing and Exporting Sectors Driving Economic Transformation, including Refugee and Hosting Districts;
  • Component 2: Creating New Product and Transformative Assets including in Refugee and Host Districts;
  • Component 3: Enhancing Capabilities in Public Institutions and Private Firms and;
  • Component 4: Implementation Support, Monitoring, and Evaluation.

 

The INVITE project aims to create Private Sector Manufacturing jobs and increase incomes across Uganda by supporting firms and will operate a range of products, including

  • Developing Exporting Firm Capabilities;
  • Investment in Refugee and Host District Supply Chains;
  • Partial Credit Guarantee for Business Loans;
  • Long-term Flexible Loans in Uganda Shillings;
  • Cost-sharing of Loan Extensions;
  • Loan Interest Discount and;
  • Accelerated Invoice Payments.

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