ENTREPRENEUR: FORMAL BUSINESS
FREE Business Growth & Investment Readiness Program
Turn Your Business Into a Success Story - Completely FREE!
WHAT IS THIS OPPORTUNITY?
Standard Bank in partnership with NIFA, are looking for ambitious business owners in Namibia who want to grow their businesses significantly and become ready for investment or major funding.
Why are we doing this?
NIFA and Standard Bank believe in supporting Namibian entrepreneurs to build successful, sustainable businesses that create jobs and grow our economy. We're investing in YOU because your success is Namibia's success.
What do you get?
Over 3-4 months, we will provide you with everything you need to transform your business into a professional, investment-ready enterprise - and it's completely FREE.
WHAT YOU WILL RECEIVE (WORTH OVER N$40,000)
FREE Business Training & Development:
- Professional business skills training (management, finance, marketing, strategy)
- Access to business mentors during the duration of the program
- Investor pitch training and professional business plan development
- Monthly workshops with successful business leaders and experts
Access to Funding & Investment:
- Direct introductions to investors and lenders
- Priority access to business loans and funding opportunities (N$50,000 to N$500,000+)
- Help preparing loan applications and investment proposals
- Special access to Standard Bank business financing products
Business Growth Support:
- Help expanding to new markets and customers
- Professional business systems and processes setup
- Technology tools and software access
- Networking with other successful entrepreneurs and business leaders
Investment Readiness:
- Professional business documentation and legal structure
- Financial systems and reporting setup
- Investor-ready business presentation materials
WHO ARE WE LOOKING FOR?
You Must Have:
- A registered business in Namibia (with BIPA registration)
- Been operating for at least 6 months with regular customers
- A business bank account (Standard Bank clients get priority)
- Monthly income of at least N$5,000 from your business
- Serious commitment to growing your business significantly
- Available time to attend monthly sessions for 3-4 months
Perfect if You:
- Want to expand your business to new areas or markets
- Need funding to grow but don't know how to access it
- Want to make your business professional and investment-ready
- Are tired of struggling alone and want expert help
- Dream of building a business that can support your family long-term
- Want to learn from successful business people and investors
You Need to Provide:
- Your business registration documents
- Bank statements showing business income
- Basic records of your business income and expenses
- Your ID and CV
- Simple description of your business and growth plans
WHAT YOU NEED TO DO
Monthly Commitment:
- Attend business training workshops
- Meet with your personal mentor
- Complete homework assignments to improve your business
- Implement new systems and strategies in your business
- Track your business progress and report results
By the End of the Program, You Will:
- Have a professional, investment-ready business
- Know how to access funding and investors
- Have grown your business income significantly
- Have proper business systems that run smoothly
- Be connected to a network of successful business people
- Have a clear plan for continued growth
COSTS & BENEFITS
COST TO YOU: NOTHING - 100% FREE
- No application fees
- No training fees
- No hidden costs
- All materials and resources provided free
WARNING: If anyone asks you to pay money to join this program, it's a scam. This program is completely free.
WHAT YOU GET:
- Over N$40,000 worth of business training and mentoring
- Access to funding opportunities worth N$50,000+
- Professional business development usually only available to big companies
- Direct access to investors and Standard Bank business services
Terms and Conditions
1. Application & Selection
• All information submitted must be true, accurate, and complete.
• Submission of an application does not guarantee selection into the Program.
• The Program reserves the right to verify any information and disqualify applicants providing false or misleading data.
• Shortlisted applicants may be contacted for interviews or to submit supporting documentation.
• Final selection will be based on merit, program fit, diversity, and development potential.
2. Program Commitment
If selected, participants agree to:
• Attend all required training sessions, workshops, and mentorship meetings.
• Complete baseline assessments and end-of-program profiling.
• Actively engage in program activities, including possible hackathons, showcase events, and Demo Day.
• Maintain professional conduct and respect the guidelines of partner institutions and venues.
Failure to meet participation requirements may result in removal from the Program.