The Namibia Investment Promotion and Development Board (NIPDB) on Wednesday launched the Know2Grow (K2G) NextGen Entrepreneurs, an annual market access and capacity building platform designed to drive the development and acceleration of innovative businesses by young entrepreneurs.
“We are very intentional about MSME Development and have various initiatives and programmes targeted at MSME support across all levels and in different sectors. This specific one is youth-focused,” said NIPDB’s Executive Director for MSME Development, Innovation and Acceleration, Dino Ballotti.
“The overall objective is to accelerate young entrepreneurs’ business ventures through exposure to potential support and business linkages. Through various Business Support Organisations (BSO’s) we are able to help accelerate the growth of MSMEs, while creating an enabling environment for scaling, through innovation, value addition and collaboration. We are especially excited to champion this initiative for Namibians in Namibia.”
As part of its mandate, the NIPDB is responsible for building institutional mechanisms to serve as the primary coordinator across all MSME development levers on a national level.
The board also facilitates collaboration between the various stakeholders to ensure the effective implementation of programmes that will create an enabling ecosystem for MSMEs & Startups.
