A new partnership for startups in Namibia is now in place. Business Financial Solutions and Germany-based GreenTec Capital Partners have entered into a strategic partnership to strengthen capacity building, investment readiness, and fund-raising assistance to local start-ups and SMEs in Namibia.

Here Is All You Need To Know

• The newly formed partnership comes as Germany plans to invest about N$2 billion in Namibia over the next 2 years.
• By applying a unique Venture Building model, the partners aim to tackle the maturity, infrastructure, and funding gaps that young SMEs and start-ups are facing in Namibia, while at the same time de-risking them for investors by applying their support and expertise.
• Jointly, Business Financial Solutions and GreenTec will support high potential local start-ups and SMEs in their growth from the proof-of-concept stage to market fit and sustainability by providing customised operational support, company formation and building, investment readiness, and go-to-market strategies and execution.

How To Apply For The Fund

The partners are launching a Call for Applications addressed to entrepreneurs that are interested in receiving support through the venture building model – check www.bfs.com.na for more details as well as the application form.

Ventures will be selected based on their impact, the value they can add, and their economic sustainability.

Charles Rapulu Udoh

Charles Rapulu Udoh is a Lagos-based Lawyer with special focus on Business Law, Intellectual Property Rights, Entertainment and Technology Law. He is also an award-winning writer. Working for notable organizations so far has exposed him to some of industry best practices in business, finance strategies, law, dispute resolution, and data analytics both in Nigeria and across the world