Cost share grants to support MSMEs in their financial management requirements.

Eligible Activities for Support Include
• Preparation of financial accounts and audit reports
• Efforts to improve MSMEs cash flow management
• Training in financial management
• Installation of financial/accounting systems
• Preparation of financial documentation required by commercial financial institutions

Who qualifies for Financial Management Grants?
• MSMEs seeking to install financial management systems in their business
• MSMEs seeking to train on better financial management products
• Financial consulting firms to develop appropriate products that will facilitate improved access to bank credit by MSMEs

How much Support Does BUDS Offer?
To each qualifying firm, BUDS can reimburse up to a maximum grant amount of US$ 100,000 (approx. Ushs. 180 million) for a broad range of business support services. The grants are paid on a re-imbursement basis of 50% of pre-approved activity costs. This means that a firm will initially pay the full costs and receive a 50% refund upon successful and satisfactory completion of the activity.