OM SEED 2.0 goes bigger and bolder
Top 30 entrepreneurs shortlisted for journey of empowerment
The Old Mutual Foundation and the United Nations Development Programme (UNDP) Accelerator Lab have unveil the top 30 shortlisted candidates for the second round of the highly anticipated Old Mutual Sustainable Economic and Empowerment Drive (OM SEED 2.0).These 30 candidates represent top entrepreneurial talent from the Kavango East, Hardap, and Erongo regions, having been selected for their exceptional business ideas and potential for significant growth.
Following a meticulous evaluation process of more than 400 applications, OM SEED has identified ten outstanding entrepreneurs from each region. These entrepreneurs will now vie for the opportunity to secure a portion of N$300 000 in funding to propel their business ventures forward.
Over the next three weeks, the Old Mutual Foundation team will visit the three regions to assess the 30 businesses, ultimately selecting the top three candidates who will each receive funding to boost their enterprises. This substantial investment aims to drive economic development, generate employment opportunities, and foster innovation within the local communities.
Mignon du Preez, Old Mutual Namibia Group Marketing, Public Affairs, and Sustainability Executive, expresses excitement about the top 30 shortlisted candidates for OM SEED 2.0, recognizing their remarkable ingenuity and dedication. It is believed that their ventures have the potential to make a lasting impact on Namibia's entrepreneurial landscape.
OM SEED 2.0 stands as a testament to the Old Mutual Foundation's commitment to nurturing entrepreneurship, supporting local businesses, and propelling economic growth in Namibia. Through empowering these talented individuals, the initiative aims to cultivate a thriving entrepreneurial ecosystem that benefits both the entrepreneurs and the broader community.