Justicia Shipena
The Old Mutual Foundation by Old Mutual Namibia has allocated N$1 million toward its flagship entrepreneurship programme, the Old Mutual Sustainable, Economic and Empowerment Drive (OM SEED).
The funding marks the launch of the fourth and final leg of the initiative, known as OM SEED 4.0, under the theme “Rooted in Growth for Sustainability”.
The final phase will focus on the Omaheke, Otjozondjupa, Omusati, and Kunene regions.
The programme aims to support local entrepreneurs with seed funding, mentorship, and business development support.
Since its launch in 2022, OM SEED has empowered more than 100 entrepreneurs across Namibia.
“Through OM SEED, we are not only supporting local entrepreneurs with funding but also creating ecosystems of accountability, resilience, and purpose. This final edition gives us an opportunity to cement the legacy of what OM SEED has meant for Namibian entrepreneurs: a platform to rise, to grow, and to truly own their impact,” said Patricia Olivier, chairperson of the Old Mutual Foundation.
Entrepreneurs in the four regions must submit their applications by Monday, 30 June 2025.
Each region will have three winners. First-place winners will receive N$50,000, runners up, N$30,000, and third place, N$20,000.
Winners will also benefit from financial and business skills training, mentorship, and post-programme incubation support.
