Tirupati Development (U) Ltd is providing Micro, Small, and Medium, Enterprises (MSMEs) that are looking to set up small factories a home in Kampala, the capital of Uganda.
The Tirupati Business Park in Kyebando, according to Miraj Barot, the Joint Managing Director of Tirupati Development (U) Ltd, has created 2000 jobs for Uganda by providing affordable condominiums to 200 MSMEs.
These MSMEs have set up mini-factories manufacturing some of the most essential products required by Ugandans to trade and live their lives.
The Kyebando-based business park is the first of its kind in Uganda despite the government, through the Uganda Investment Authority, setting up several industry parks across the country.
What sets Tirupati Business Park apart is that it targets investors who are starting small but focused on business growth.
Because of this innovative business venture, Miraj Barot was on Thursday, August 31 2023, named the best Business Trendsetter in the private sector by Ugandans who participated in a voting process.
Miraj received the award from the Permanent Secretary and Secretary to the Treasury (PSST) in the Ministry of Finance, Planning and Economic Development, Ramathan Ggoobi, at the 4th Business Trendsetter’s Forum and Awards.
The ceremony took place at the Sheraton Hotel Kampala. Miraj Barot used the ceremony to reveal that when the next phase of the Tirupati Business Park is launched, another 250 MSMEs will be welcomed to set up more factories and create jobs.
To win the award, Miraj Barot was chosen ahead of Richard Zulu, the Founder of Outbox Hub, an enterprising startup; Goretti Massadde, the CEO of Uganda Institute of Banking and Financial Services; and Irene Birungi Mugisha, the Director of ARC and Ideator PCF.
In the category of Business Trendsetter Public Sector, the voters picked Ramathan Ggoobi over Prime Minister Robinah Nabbanja, Sarah Ndoboli Kataike, the State Minister for Luwero, and Simon Kasyate, the KCCA spokesperson.
Irene Birungi defeated Elly Karuhanga of Uganda Chamber of Mines and Petroleum, Dr Henery Clarke Kisembo, the Chairman of DALI, and Amos Wekesa of Great Lakes Safaris in the category of Business Trendsetter 2022/2023 Hero.
In the category of Life Time Achievers, Wasswa Birigwa, the Chairperson of FDC, Peter Sematimba, Robert Kabushenga and Josephat Machete were awarded.
The Founder of the Business Trendsetters Forum and Awards, Yvonne Mpanga said each year business trends tracers identify business leaders who are championing new business trends for recognition.