Start Your Own Diamond Polishing Business — Uganda Program
Turnkey Business Launch for Diamond Polishing & Licensed Trade in Kampala
This program is designed for entrepreneurs who have completed diamond grading training (e.g., AIDC Rough Diamond Program) and want to establish a legal, operational diamond polishing office in Uganda. You handle the sales and skill; we handle the local setup, compliance, and rough diamond supply chain.
Why Uganda?
- No Kimberley Process restriction on polished diamonds – You polish locally, then export freely.
- Rough diamonds flow daily from Congo, Angola, Tanzania – Many sellers, no official buyer.
- Lower competition than Tanzania – Gold dealers buy diamonds unofficially; no structured polishing hub exists.
- SYOGM infrastructure & government connections – Existing legal framework for mineral licensing and exports.
Program Investment: $22,000 (one-time consulting fee)
This covers professional setup services. Client separately funds office, accommodation, travel, diamond inventory, and employee salary reserve (estimated $28,400–$59,200 as per our joint analysis).
What the $22,000 Program Includes
| Component | Details |
|---|---|
| 1. License & Legal Compliance | Obtain Uganda’s mineral dealer license and polishing workshop permit. Connect to government export office. |
| 2. Office & Workspace Setup (Client-paid, we arrange) | Identify and secure a secure, lockable office in Kampala (budget guide: $100–$1,000/month). Arrange lease and basic security. |
| 3. Equipment Sourcing & Procurement | Advise on and arrange purchase of: diamond polishing machine (scaif or industrial lapping disc), gemological tools (loupe, scales, gauges), and safety equipment. Client pays equipment vendor directly. |
| 4. Staff Recruitment | Find and interview professional diamond polishers (experienced with rough). Assist with employment contracts. (Budget: $300/month per polisher). |
| 5. Rough Diamond Supplier Connections | Introduce you to vetted diamond sellers who approach our office daily. No middleman markup – you buy directly. |
| 6. Export & Buyer Linkages | Connect you to pre-identified diamond buyers in New York, Antwerp, or Dubai (as per your target market). |
Client’s Separate Budget Requirements (First Year)
| Category | Low Estimate | High Estimate |
|---|---|---|
| Employee salary (1 polisher) | $3,600 | $3,600 |
| Office rent | $1,200 | $12,000 |
| Travel (initial + periodic) | $2,000 | $2,000 |
| Your accommodation in Kampala | $3,600 | $3,600 |
| Rough diamond purchase (working stock) | $10,000 | $20,000 |
| Polishing & gemological equipment | $5,000 | $15,000 |
| License (included in program) | – | – |
| Total client-funded operating cash | $25,400 | $56,200 |
Important: Do not rely on immediate profit to pay staff or rent. Keep the full first year’s operating budget aside before starting.
Ideal Candidate
- Completed or planning to complete a recognized rough diamond program (e.g., AIDC).
- Has $10,000–$40,000 own capital (no investors recommended for first venture).
- Willing to reside in Kampala for at least 6–12 months.
- Already identified or willing to identify diamond buyers in their home country (USA, EU, etc.) before purchasing rough.
How It Differs from SYOGM Gold Programs
| Aspect | Gold Program (SYOGM) | Diamond Polishing Program |
|---|---|---|
| Investment | $22,000–$66,000 | $22,000 (flat consulting fee) |
| Ownership | 100% after milestone | 100% from Day 1 |
| Main asset | Processing equipment | License + supplier access |
| Staff needed | Miners, operators | Polisher(s) |
| Export restriction | None on gold | No Kimberley for polished stones |
| Land required | Often yes | No – office only |
Next Steps
- Complete your diamond grading training (AIDC or equivalent).
- Visit or call diamond buyers in New York to understand desired sizes, colors, and prices.
- Contact us for a free consultation – we will review your capital, skill level, and target market.
Jean Louis
Start Your Own Gold Mine (also diamond polishing setup)
https://www.StartYourOwnGoldMine.com
+256706271008
Butanaziba Business Center, Kyebando Ring Road, Kampala, Uganda
Disclaimer: All program details, including pricing, equipment specifications, ownership models, and timelines, are subject to change without notice. The information presented on this website page is for general informational and illustrative purposes only and does not constitute a binding offer, agreement, or contract. The final terms and conditions of any “Start Your Own Gold Mine” (SYOGM) program shall be exclusively defined by the formal, written agreement executed between the client and SYOGM. In the event of any inconsistency between the website content and the signed client agreement, the terms of the signed agreement shall prevail. Prospective clients are advised to rely solely on the definitive terms provided in their final contract and to seek independent legal and financial advice before committing to any program.
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