Home Economy Namibia: Government gives start-up entrepreneurs N$448 000 grant

Namibia: Government gives start-up entrepreneurs N$448 000 grant

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31 small business owners in the Kharas region received materials and equipment worth N$448 000 from the Ministry of Gender Equality and Child Welfare, in efforts to encourage entrepreneurs, especially women, to create self-employment.

While handing over the grants, Gender Equality and Child Welfare Deputy Minister Lucia Basson urged regional political leaders to support small businesswomen and men in order to ensure that their businesses generate an income.

She said: “When micro-entrepreneurs prosper, we are assured of having made a dent in combating poverty, and thus contribute to the letter and spirit of the Harambee Prosperity Plan (HPP).”

Basson explained that the equipment, complemented with training in basic management skills, could help start-up businesses run efficiently.

“The ministry strongly believes that if IGA beneficiaries manage their businesses profitably, they will earn income, improve their livelihoods, and reduce poverty,” she explained.

The ministry oversees the income-generating activities (IGA) programme, however, Keetmanshoop mayor Hilia Titus said many start-up entrepreneurs in the rural areas found it difficult and costly to register their companies legally.

But she believed that with the IGA support programme youth, women and men could be inspired to be self-employed, especially with the high unemployment rate in the country.

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