Multi-tech Business School (MBS), was incorporated in May 2002. It began as a business college best known for providing tuition for professional accounting courses. It has since grown to a fully fledged tertiary institution registered by the National Council of Higher Education, offering certificate, diploma and undergraduate degrees with a career and vocational bias. However it has maintained its business courses namely accountancy, procurement and ICT.

UDB advanced a loan facility to complete civil works and procure furniture and equipment for its Kampala campus. The school has an enrolment of over 1,000 students across its three campuses in Kampala, Kakiri and Hoima. Plans were underway to transform the Kakiri campus into a vocational skills centre offering tailoring and nursing courses. The school with the aid of UDB funding is providing much needed vocational skills to augment government efforts.