The Namibia Start-up Festival is hosted by the Financial Literacy Initiative (FLI), Fablab Namibia, Team Namibia and the Namibia Business Innovation Institute (NBII). Together they want to create a platform to celebrate brave business founders and showcase the link between start-ups, investors, government and other stakeholders to build up and strengthen the start-up environment in Namibia.
The Financial Literacy Initiative (FLI) is a national platform to enhance financial education for individuals and micro-small- and medium sized enterprises. Currently, the FLI consists of more than 30 Platform Supporters from the Namibian public, private and civil society sector aimed at working in a coordinated effort to improve the financial capability of all Namibians. The FLI is hosted by the Ministry of Finance. The FLI’s mandate stems from the country’s financial inclusion efforts, seeking to ease access to finance both for individuals and businesses through improved financial management skills. It is against this background that the FLI treats Start-ups as one of their core target groups. For more information, check out www.flinamibia.org or call at 061 209 2295.
FLI would also like to thank all our Platform Supporters for supporting the Namibia Start-up Festival 2017.
Team Namibia is a member-based non-profit movement aimed at mobilising Namibian consumers to buy local, as well as driving the promotion of the production of quality local products and services. Team Namibia members support the country’s national objective of sustained economic growth, as set out in the National Development Plan.
Team Namibia’s vision is to make Namibian products and services part of everyday life.
Its mission is to facilitate the increased consumption of Namibian products and services locally and abroad through three initiatives:
Members’ behaviour is underpinned by the UUKUMWE principle of working together to make a positive impact on the Namibian economy. There is more strength in a team!
Team Namibia’s approach is to gain a sustainable competitive advantage for Namibian products and services by inspiring consumers to support local, based on emotional and rational benefits at the point of purchase.
FABlab Namibia is an advanced manufacturing, prototyping and design lab in Namibia. The lab was established in partnership with the Ministry of Industrialisation, Trade and SME Development to enhance local product competitiveness, bridge the technological divide through access to Information Communication Technology (ICT), new machinery, tools, knowledge, skills and equipment - ultimately to give rise to a technologically and creatively advanced local economy. It is against this background that the FABlab Namibia regard Start-ups as one of their core target groups to fulfil their mandate. For more information, check out our Facebook page or call at 061 207 2374.
The Namibia Business Innovation Institute (NBII), operates as an institute of excellence within the Namibia University of Science and Technology. NBII’s vision is to be recognised globally as a leading institute of excellence, transforming innovative ideas into sustainable businesses and social solutions
NBII was established in 2009, tasked with implementing innovation and spurring on entrepreneurship in Namibia. As Namibia’s heart of innovation and entrepreneurship, it sends constant impulses to government, industry, academia and the broad public.
NBII runs the following core programmes:
Since April 2015, the Deutsche Gesellschaft fuer Internationale Zusammenarbeit (GIZ) GmbH, on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), is supporting growth strategies for selected economic sectors, as well as financial systems development and capacity development through its programme "Promotion of Competitiveness of the Namibian Economy".
Led by the Ministry of Industrialisation, Trade and SME Development (MITSMED) and the Ministry of Finance (MoF) the programme intervenes in three fields: (i) Implementation of the Industrial Policy, (ii) Industrial Development at local level and (iii) Financial Systems Development. The main target group of this support is small and medium-sized enterprises (SMEs) in all regions of Namibia, including Start-ups. More info can be found at: https://www.giz.de/en/worldwide/32048.html
Bank Windhoek has an ongoing commitment to SMEs and believes that they form the basis of economic growth in Namibia. In 2005, Bank Windhoek established its first Emerging Small and Medium Enterprises (ESME) branch. At Bank Windhoek we recognise that inspired entrepreneurs with good business ideas require the necessary financial support and professional guidance to make a success of their businesses. Bank Windhoek gives entrepreneurs access to a dedicated ESME branch, offering a comprehensive range of products tailored to individual business needs. We pride ourselves in delivering exceptional service, with quick turnaround times on SME loan applications and in addition, support customers with business mentorship as needed. Whether your dream is to own a business in retail, construction, tourism, transport or any other area, or if you simply want to expand your current business, we are committed to your business success. For more information visit Bank Windhoek or call 061 299 0602
The European Investment Bank is the European Union's bank. The EIB is the only bank owned by and representing the interests of the European Union Member States. It works closely together with other EU institutions to implement EU policy. The bank is the largest multilateral borrower and lender by volume, and it provides finance and expertise for sound and sustainable investment projects which contribute to furthering EU policy objectives. More than 90% of the Bank’s activity is focused on Europe, but it also supports the EU's external and development policies.
One of these development policies entails the support of the development of economies through their MSME sector. The EIB has put in place a number of facilities to cover the financial needs of M/SMEs in Southern Africa including Namibia through approved local financial intermediaries (AFIs). The total amount of EIB’s Lending Operations to the Southern Africa MF/MSE Funds is expected to be approx. EUR 150 million, which will be channeled to final beneficiaries through local financial intermediaries.
The One Economy Foundation (ONE) was launched on the 14 May 2016 with the aim to bridge the gap of inequality between the first and second economy, by providing second economy participants with access to opportunities. The First Lady of the Republic of Namibia, Madame Monica Geingos, is the Founder and Chair of the One Economy Foundation. ONE operates under the auspices of the Office of the First Lady and is the fundraising arm of the Office of the First Lady. ONE is governed by a Board of Directors, who are representative of participants in the dual economy and oversee the Foundation and its governance framework. The One Economy Foundation achieves strong effectiveness and positioning through the targeted interventions designed to address entrenched poverty and unsustainably high levels of income and wealth inequality, in a structural and meaningful way, thereby, facilitating more Namibians to elevate their participation in the first economy.
Through its Entrepreneurship and Enterprise Development pillar, ONE hopes to provide micro and macro entrepreneurs with an opportunity to develop business skills and access business funding. The micro and macro entrepreneurial landscape is underserved in terms of access and ONE aims to bridge the gap and encourage entrepreneurial participation towards narrowing the divide caused by inequality. ONE believes in the value of partnerships and therefore continues to work with stakeholders across Government, the private sector and community based organisations which all enrich the work of the Foundation.
Red Bull Amaphiko’s mission is to give wings to pioneers who are using their talents, creativity and energy to solve social problems and make a change. Follow us on Facebook for more info.