Busitema Fund (SMC) Limited

Busitema University Fund (SMC) limited is a company limited by guarantee under the sole ownership of Busitema University Council. It was legally incorporated on October 3, 2018. The management of the company is vested in the Board of Directors duly appointed by the University Council.

The major objective of the company is to commercialize the assets of the university with the sole aim of raising revenues to subsidize government funding to the University. The company manages the University’s extensive assets which include; properties, projects and enterprises either directly or indirectly through subsidiaries.

Governance

The company is governed by the Board of Directors appointed by the University Council which comprises different qualification skills, experiences, and expertise, independent knowledge of the company and operating environment, all based on gender Diversity.
The hierarchy is as follows:

  • University Council
  • Board of Directors
  • Management

 

University Council

University Council is the sole owner of the company and it function through one Board comprising three different committees

Board of Directors

The Board is responsible for the over role administration of the Company and ensuring due implementation of the objects and functions of the company. The Board of Directors comprises different stakeholders, among them prominent public and business individual, and are the representation of the University Council. The board functions through three different committees, among them are Planning and Investment Committee, Human Resource and Administration, and Finance Audit and Risk Committee.

Management of the Company

This is a composition of officers of the company appointed by the Board of Directors for the purpose of spearheading the strategic and administrative operations of the company.

Values and Identity

 

Vision Statement

“A center of excellence in business, entrepreneurship and innovation”

Mission Statement

“To create value to our customers through meaningful innovation”

Goal

“To become a destination of quality products and services”

Motto

“Change it”

Core Values
  • Customers first:
    Superior customer satisfaction is our ultimate aim.
  • Innovativeness:
    The Company applies solutions that meet new requirements and articulates the market/ community needs.
  • Team work:
    We help each other to succeed
  • Sustainability:
    We are committed to building a better world
  • Quality:
    We invest in projects that are constantly improving the quality of life through their products.

 

Achievements

 

  • Through the company, the University expenditure on vehicle service and maintenance has greatly reduced from the previous high budget the university had been running.
  • Several projects have been developed and approved by the University through the company which is a move towards self-sustenance by the University.

 

Partnerships

 

  • Tropical Institute for Development and Innovations (TRIDI)

 

Projects

Auto-garage

The Company runs an auto-garage that offers vehicle repair and service. It also a runs a car wash bay on site.

Solar

This project stems from a bilateral agreement between Ministry of Energy and Mineral development of the republic of Uganda, and Ministry of Electricity and Renewal energy of the Arab Republic of Egypt for the operation to establish 4MW photovoltaic power plant. Busitema University was selected as a site and consequently MOU was signed between the ministry of Energy and Busitema University. Busitema University Fund (SMC) limited therefore is running this project on behalf of the University.

Sericulture

Sericulture is the rearing of silk worms for the production of silk products. This project is the collaboration between ministry of science technology and innovation, Uganda National Council for science and technology (UNSCT), Tropical Institute for Development and Innovations (TRIDI), and Busitema University.

Multi-business complex centre

This involves the construction of multi-purpose business complex centre at Buistema University under a public private partnership arrangement (PPP). This project will include facilities such as guest houses, pharmacies, salon, and hair dressing, camping sites, ICT technology solutions, among others.

Printery

The Company is in the process of installing a printer at Busitema main campus. This is expected to meet the printing needs of the University and neighboring communities.

Facilities

The Company has a service bay with 2 inspection pits and a shed with 2 functional fluorescent tubes. It has three adjacent rooms which serve for office accommodation, stores for spares, oils and removes service of parts.

Other projects under the Fund
  • Guest House
  • Sanitizer
  • Goat rearing
  • Grocery stores

 

Contact Us

Email: bufund626@gmail.com

Telephone: 0782556050/ 0788270769/ 0772903427

Jobs & Careers

Chief Executive Officer (CEO)
Position Type: Contract
Department: Management
Location: Busitema University, Main Campus
Reports to: Board of Directors
Responsible for: General Management

We are seeking a highly experienced and visionary leader to serve as the CEO of our company. The ideal candidate will have a proven track record in business and entrepreneurship, including experience in creating and executing strategic plans and leading high-performing teams.

As the Chief Executive Officer (CEO), you will be responsible for the overall strategic direction and performance of the company. This includes setting the company's vision, mission, and goals, developing and executing business plans, managing financial and operational performance, and leading the company's management team. You will also be responsible for identifying and pursuing new investment opportunities, and building relationships with clients, partners and investors among others.

If you possess the qualifications and experience, we are looking for and are excited about the opportunity to lead our new company to success, we encourage you to apply before 17th-March-2023.

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Operations Manager
Position Type: Contract
Department: Operations
Location: Busitema University, Main Campus
Reports to: CEO
Responsible for: Solar plant management

We are seeking a skilled and experienced Operations Manager to lead our solar power plant team. The ideal candidate will have experience in power plant operations and a strong understanding of electrical systems and controls. As the Operations Manager, you will be the de facto plant manager, lead the operations staff, and manage all aspects of operation and maintenance of the solar power plant. You will ensure that all plant activities are carried out in a safe and complaint manner in accordance with company policy.

If you possess the qualifications and experience, we are looking for and are excited about the opportunity to join our solar power plant team, we encourage you to apply before 17th-March-2023.

Open Full Job Description

Operations Engineer
Position Type: Contract
Department: Operations
Location: Busitema University, Main Campus
Reports to: Operations Manager
Responsible for: Solar plant operations

We are seeking a skilled engineer to lead our solar power plant operations. The ideal candidate should have experience in power plant operations and a strong understanding of electrical systems and controls. As the Operations Engineer, you will oversee the daily energy production of the solar Plant and ensure efficient production during shift to meet all factory safety, output, yield, cost, and quality targets.

If you possess the qualifications and experience, we are looking for and are excited about the opportunity to join our solar power plant team, we encourage you to apply before 17th-March-2023.

Open Full Job Description

Maintenance Engineer
Position Type: Contract
Department: Operations
Location: Busitema University, Main Campus
Reports to: Operations Manager
Responsible for: Solar plant maintenance

We are seeking a skilled maintenance engineer to join our solar power plant team. The ideal candidate will have experience with power plant maintenance and a strong understanding of electrical and mechanical system. As the Maintenance Engineer, you will be responsible for the planning, scheduling, and conducting of predictive, preventative, corrective and overhaul maintenance of all power plant electric generating and associated plant equipment to ensure the plant is operated in a safe, reliable and efficient manner.

If you possess the qualifications and experience, we are looking for and are excited about the opportunity to join our solar power plant team, we encourage you to apply before 17th-March-2023.

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Technician
Position Type: Contract
Department: Operations
Location: Busitema University, Main Campus
Reports to: Operations Engineer
Responsible for: Solar plant operations

We are seeking a skilled control room operator to join our solar power plant team. The ideal candidate should have experience in solar power plant operations and a strong understanding of electrical systems and controls.

If you possess the qualifications and experience, we are looking for and are excited about the opportunity to join our solar power plant team, we encourage you to apply before 17th-March-2023.

Open Full Job Description