The Namibia Investment Promotion and Development Board (NIPDB) has invited micro, small and medium enterprises (MSMEs) to participate in the second annual Know2Grow (K2G) NextGen Entrepreneurs Showcase.
The Know2Grow NextGen Entrepreneurs Showcase is a platform meant to serve as a catalyst for growth and innovation, providing MSMEs with a solid platform to help them gain access to clients and improve their abilities. “During the showcase, these businesses will interact with Namibian business support groups, present their unique products and services, and form valuable networks with their professional counterparts.
The event will be held from 01 to 04 November 2023 in the gorgeous seaside city of Swakopmund under the theme ‘Sustaining Communities, Unlocking Opportunities and Promoting Inclusivity.”
NIPDB said in a statement issued on Wednesday that MSMEs form the lifeline of any thriving economy.
Their potential to create employment opportunities and their inherent dynamism thus makes them the backbone of the economic structure.
“However, in order to thrive and grow, these enterprises often need the right kind of support and mentorship.
It is against this backdrop that the NIPDB was created and mandated, in part to coordinate MSME activities across all levers of the economy through targeted initiatives designed to bolster these businesses,” it added.
K2G NextGen Entrepreneurs seek to highlight and capacitate scalable businesses from diverse sectors. For Swakopmund, the event endeavours to bring a surge of tourism, and amplify MSME activities in the local economy.
This year, MSMEs specialising in textile manufacturing, agriculture, horticulture and food processing, aquaculture, electronics; information, communication and technology, renewable energy and green hydrogen as well as pharmaceuticals are particularly encouraged to apply.
“MSMEs are encouraged to register for participation in order to seize this chance to elevate their businesses by gaining access to markets through social capital, benefiting from increased visibility, expanded networks and potential business opportunities,” it stated.
– Nampa