The Incubation Division is the department holding the fort within Buganda Investments and Commercial Undertaking Limited (BICUL) to incubate ideas and initiatives that are designed to boost the Kingdom’s investment portfolio and equity.
The Incubation Division’s focus is to mainstream engagement in viable appropriate investment and commercial undertakings for financing and/or co-financing of Buganda’s economic, social and cultural development programs. It is an ideation unit which focuses on initiating and receiving, processing and monitoring the implementation of the projects approved by the Kingdom’s Executive structures.
The Division seeks to identify and interest potential investors on the available investment opportunities in pursuit and development of risky business opportunities as we contribute to the achievement of the Kingdom’s Strategic Plan. In coordination with all Buganda ministries and institutions to achieve our mission, the Incubation division is the Kingdom’s platform that tries out new things, offering the ability to face the unknown, to experiment with new ideas, and act with great openness and flexibility.
To increase the successful development of new businesses and initiatives, job creation and employment in specific sectors that are aligned with the Kingdom’s unique areas of opportunity.
To strategically position the Kingdom of Buganda as a key investment partner which focuses on achievement of inclusive sustainable development as it pursues its commitment to take Buganda to the helm.
The department particularly facilitates the achievement of Buganda Kingdom’s Development Goals by:
