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Sanlam Bridge grows local businesses with seed capital

2022-07-05  Staff Reporter

Sanlam Bridge grows local businesses with seed capital
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The winners of the Sanlam entrepreneurial support programme, the Sanlam Bridge, are Moonsnacks Investment, K-12 EdTech Inc, Betterpack Manufacturing, Brightlight Agritech and Superfly Bio converters. 

These businesses are all at different stages of their entrepreneurial journey but will each all walk away with a N$50 000 seed capital from Sanlam. 

Coupled with this, the entrepreneurs will also receive support, mentorship and coaching from StartUp Namibia, which has partnered up with Sanlam to help facilitate this programme. 

The top five businesses are expected to meet to set criteria and achieve set goals and milestones to be in the running for the overall Sanlam Bridge winner, who will walk away with an additional N$50 000 cash prize to further invest in their business. 

To ensure more Namibians benefit from the programme, the Sanlam team has this year selected 30 entrepreneurs who participated in a four-week pre-incubation programme facilitated by StartUp Namibia. 

Through this programme, they were taught basic business principles to help them further grow their business, network with other start-ups and also receive coaching and mentorship. 

After the 4-week programme, ten start-ups pitched their business concepts, and the top five were chosen to receive support from Sanlam and StartUp Namibia. 

As part of Sanlam’s corporate social responsibility, the Sanlam Bridge aims to create future business leaders in Namibia, promote business innovation and leadership as well as promote employment creation while allowing young people the opportunity to develop their businesses and thereby earn their income. 

2022-07-05  Staff Reporter

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