African Culture was crowned the overall winner of 2023 edition of the Sanlam Namibia Bridge Programme, walking away with N$50 000 grand prize, following a rigorous six-month business training, coaching, and mentorship programme.
African Culture competed against five other dynamic businesses such as Rural Power Solutions cc, Namibian Culture Colouring Book, Edu-Game Namibia, Trimazena, and Rise Shine who presented their final pitch and progress report on their businesses.
The Sanlam Bridge is the flagship entrepreneurship programme of Sanlam supported by Namibia Investment Promotion and Development Board as the implementing agency.
“I am delighted to have undergone this programme, equipping me with the skills to confidently present my business concept and build a sustainable brand. Thanks to Sanlam and NIPDB for investing in our craft through various initiatives like MSME incentives, Branding Masterclasses, Financial Symposiums, Digital Bootcamps, Business Support Weeks, and the Start Improve Your Business Training Programme,” said Risto Kandele, who received the prize on behalf of African Culture
According to Sanlam’s Marketing and Communication Manager, Laurencia Prinzonsky, the selection process for the ultimate winner involved a thorough evaluation by panel judges, considering factors such as meeting business milestones, demonstrating growth potential, and overall excellence.
“The Sanlam Bridge serves as a launchpad for Namibian future business leaders, catering to those with registered businesses not older than one year or those with feasible business ideas lacking financial resources. This initiative empowers young Namibians by providing essential skills, seed capital, mentorship, and coaching to turn their business dreams into reality,” said Prinzonsky
Beyond initial funding and mentorship, the Sanlam Bridge programme plays a pivotal role in connecting businesses/MSMEs with financial institutions like banks and equity funders, she said.
‘this strategic bridge enhances their attractiveness for future funding, creating a sustainable ecosystem for economic growth.As we celebrate the success of the 2023 cohort, the anticipation for the 2024 intake is building up. Sanlam Bridge remains steadfast in its commitment to shaping the future of Namibian entrepreneurs, reinforcing its position as a catalyst for business innovation and growth” Prinzonsky said.
