Academia from MUBS, Makerere University and Kyambogo University have asked Government to create a fund to support Small and Medium Enterprises, (SMEs) to implement symbiotic practices, foster the SMEs sustainable development.
The team lead by Dr. Saadat Kimuli Nakyejwe, the Principal Investigator, from MUBS, were presenting research findings of the study titled; “Exploring the Potential of industrial Symbiosis as an Innovative strategy to foster sustainable Entrepreneurship in Micro and Small Enterprises in Uganda” a research funded by Makerere University Research and Innovations Fund.
The event took place at MUBS Academia have asked Government to create a fund to support SMEs to foster sustainable development Annex Bugolobi, on November 9, 2023.
Industrial symbiosis, (IS) is mutual collaboration between different, often geographically proximate, economic entities to exchange resources such as materials, energy, water and by-products that can be used as substitutes for products. IS leads to valorisation of waste, improvement of resource efficiency and reduction of environmental impact. It helps firms share space, utilities, tools and machines, knowledge , and utilizing each other’s waste materials.
Others researchers included; Dr Kasimu Sendawula, Ms. Shamirah Najjinda and Eng Dr Ismail Kizza. The researchers interacted with 380 MSE owners of which, 22 key informants were members of the Uganda Small Scale Industries Association (USSIA), they established that (73%) owners were not aware of the concept of IS, even when a number of them were already practicing it. 93% expressed readiness to understand the concept and apply it in their operations.
The potential for IS was found to be high, including economic potential such as improving technical processes and lowering the cost SMEs sustainable development.
The team lead by Dr. Saadat Kimuli Nakyejwe, the Principal Investi gator, from MUBS, were presenting research findings of
“Exploring the Potential of industrial Symbiosis as an Innovative strategy to foster sustainable Entrepreneurship in Micro and Small Enterprises in a research funded by Makerere University Research
The event took place at MUBS energy, water and by-products that can be used as substitutes for products. IS leads to valorisation of waste, improvement of resource efficiency and reduction of environmental impact. It helps firms share space, utilities, tools and machines, knowledge , and utilizing of the concept of IS, even when a number of them were already practicing it. 93% expressed readiness to understand the concept and apply it in their operations. The potential for IS was found to be high, including economic potential such as improving technical processes and lowering the cost