N$18m grant fund targets youth, women-led businesses
Patience Makwele Young entrepreneurs and small businesses across Namibia will have access to an N$18 million grant fund aimed at helping them formalise, expand and create jobs, with the first application round closing on 24 July. The funding forms part of the Pro-SME Project, a joint initiative between the Namibian and German governments implemented through […]
Patience Makwele
Young entrepreneurs and small businesses across Namibia will have access to an N$18 million grant fund aimed at helping them formalise, expand and create jobs, with the first application round closing on 24 July.
The funding forms part of the Pro-SME Project, a joint initiative between the Namibian and German governments implemented through the National Planning Commission, the Namibia Investment Promotion and Development Board (NIPDB) and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ).
Speaking during an information-sharing session on access to finance for youth in Windhoek on Tuesday, Khomas Governor Sam Nujoma urged young entrepreneurs to take advantage of available funding opportunities, saying access to capital remains one of the biggest obstacles to business growth and job creation.
