Sanlam sponsored a total amount N$100 000 to five entrepreneurs for the establishment of their businesses in Windhoek this week. Sanlam in association with Namibia Business Innovation Institute (NBII) hosted a business session with 5 entrepreneurs to share business-related advice.
The session was held in order to find out the progress of these young businesses since Sanlam and the NBII’s involvement. Guest speaker, Sylvanie Beuke, encouraged the entrepreneurs to infiltrate the market and be the best that they can be. He further talked about how to be the best at business, where he mentioned that planning, market research, networking and product development are a good ways to ensure that they have a profitable business.
Sanlam’s Senior Marketing and Communications Consultant, Ilke Platt-Akwenye, explained that Sanlam was proud to be involved with this project. “At such platforms, we appreciate to see that an investment goes a long way,” she said.
Since the selection of the top five innovative businesses the NBII’s incubation and entrepreneurship manager Bernice Karuhumaba has been working closely with them and offering mentorship to them to improve their businesses. “I am proud to be part of your journey and I have witnessed a lot of improvement. With challenges that have been experienced I am proud to say that each experience will make us stronger,” she said.
She added that it was their responsibility to mentor the entrepreneurs by shaping their upcoming businesses. She hopes that with the limited resources entrepreneurs have, they can get the most out of them. So far, the educational consultancy solely run by Martjie Katthage has had an upgrade in its operation beginning with more clients seeking her services and being able to buy material for her business.
Her aim is to give children an aim as well to provide a better and more effective way of studying. She has since also had motivational development programmes, leadership training and orientation development. She will be having spring school this August to provide extra help to grade 10 and 12 learners in preparation for their examination as well provide them with career guidance.
Level 27, which is owned by Fidel Bezuidenhot and Sebastian Goliathe, has now been in operation for 7 months and has completed two projects, the Kings of Khomasdal (KOK) and the Streethouse tournament lesson and are hoping their business to see more growth in their business. They are planning on hosting a league later this year and have a second branch in Windhoek, as well as extend their target market to Tertiary students.
Two young ladies, Matheus Taleni and Orale Aska, are also beneficiaries of the investment as owners of M&E Décor, which makes house decorations from material that other people don’t use. They have also presented their work to large businesses that helped them to establishment their business brand.