Sanlam Bridge Programme for Namibian-Owned SMEs

Sanlam Bridge Programme for Namibian-Owned SMEs

Sanlam Namibia through the Sanlam Bridge programme aims to provide grant seed funding to 5(five) innovative and scalable Namibian-owned Micro, Small, and Medium Enterprises (MSMEs), solving real problems or addressing various customer needs.

Sanlam Namibia, in collaboration with the Namibia Investment Promotion and Development Board, is calling young aspiring entrepreneurs with innovative business ideas to apply for the 2023 Sanlam Bridge Programme, a launchpad for future business leaders.

This programme is intended for future entrepreneurs who either already have a registered business not older than one year or have a feasible business idea but lack the financial resources they require to grow their business or turn their ideas into reality.

Funded by Sanlam and facilitated by the Investment Board, the programme is intended to empower young citizens with the opportunity to acquire the necessary skills to run their businesses and receive the essential seed capital to get them started.

Eligibility Requirements

The business should be registered under the Companies Act 28 of 2004

Should not be in operation for more than 1(one) year

The owner of the business should be between the ages of 18-35

The business should

be addressing a real problem or addressing customer needs.

The business should be committed to working with Sanlam Namibia and the Namibia Investment Promotion and Development Board for a period of 6(six) months

Benefits

As part of the programme, Sanlam annually selects five businesses from across the country, from different industries, each receiving N$50,000 in seed capital coupled with training and mentorship. “All five businesses will automatically benefit from branding masterclasses, financial symposiums, digital boot camps, business support weeks, and the Start Improve Your Business Training Programme,” she said.

An overall winner will be announced by the end of the year to receive an additional N$50,000.

How to Apply

For more information and job application details, see; Sanlam Bridge Programme for Namibian-Owned SMEs

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