Ugandan bags international entrepreneurs award

Tuesday December 6 2016

Musasizi Timothy Karubanga

Musasizi Timothy Karubanga 

By Monitor Reporter

Uganda’s Musasizi Timothy Karubanga, an angel investor and serial entrepreneur has claimed a prestigious international entrepreneurs’ award.

At the age of 26, Musasizi commonly known as MK Timothy has been awarded a Young Entrepreneur of the Year during the Africa Early Stage Investor Summit in 2016. The annual Africa Early Stage Investor Summits unites key ecosystem stakeholders from across the continent and beyond, to exchange best practices, learn from peers and recent transactions, and do deals.

Musasizi, a young serial entrepreneur is the founder and CEO of Tim Tech Consults, a firm that provides solutions through technological advancement. Musasizi founded Tim Tech Consults at the age of 20 in 2010 and he has since then used the company to inspire youth and offer enterprising support to the youth especially in financing startups. He has been involved in youth advocacy and from time to time mentors young Africans about entrepreneurship.

Valued at over $20m, MK Timothy was born on October 30, 1990 in the eastern town of Mbale to Caleb and Jolly Karubanga, popular coffee farmers in the region.

He attended Fairway Primary School for primary education before joining Our Lady of Africa Schools for his secondary school education. He later travelled to Japan with the help of Kenji Ekuan, a Japanese industrial designer with whom he had been working in Uganda and Democratic Republic of Congo. Kenji Ekuan is best known for creating the design of the Kikkoman soy sauce bottle. In Japan, Timothy went to Tokyo Institute of Technology and attended a course in Communications Engineering.
Having started in Japan, Timothy made up his mind to relocate the headquarters of Tim Tech Consults from Tokyo, Japan to IT Virgin Africa in his home country Uganda.

He later co-founded Stawi foods and fruit, an East African company that processes flour from bananas. He also ventured in real estate management and other small scale industries.