Young businesses receive capital injection

Iréne-Mari van der WaltAfter months of learning and interaction, eight businesses pitched their business concepts to a panel of four judges in hopes of winning N$10 000 to fund their businesses. Three businesses eventually gained the approval of the judges and with it, N$ 10 000 to invest in their businesses. Tutaleni Ilonga of TL entertainment, Sharon van der Smit of Two Moonns Films as well as partners Veronica Frederico and Vaughan Weiss of Vision Media & Drafting all walked away with a capital injection into their businesses. Ilonga proposes an all-Namibian video game and board game that are integrated into the same storytelling narrative. These are to be offered sold at airports, bus ports and lodges nationwide in a bid to reach its target audience – tourists. “We want to offer it as something they can do while taking long drives or in their down time at the lodge and eventually, they can buy a set and take it home as a souvenir,” he says. Veronica Frederico presented her joint venture with Vaughan Weiss. Their company produces three dimensional versions of dense two-dimensional materials which are meant to serve as a clarifier for business-owners perfecting their sales pitch or individuals who need to professionally relay hard to grasp concepts to groups. Van der Smit offers a quality film of your special experience to serve as a lifelong memento, all suited to your budget. To her luck, one of the judges, Ray Auala could attest of the quality of her service after a friend proclaimed her stellar work to him. She says that she did not expect her win. “I was quite shocked since I am still a newer business,” she says. Van der Smit hopes to fill the gaps in her company’s equipment to aid in providing a better-quality service to clients. She hopes to grow her business into the entertainment sphere. “I want us to grow into bigger film productions and tell Namibian stories. When people from other countries think of Namibia, they think of a few still images that don’t tell the full story,” she says. The programme co-ordinator, Donovan Madjiedt, says he is immensely proud of the growth these individuals have experienced. “I feel excited to see the insane growth in them and I can’t wait to see them grow further,” he says.

Young businesses receive capital injection

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Namibian Sun 2025-10-16

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Young businesses receive capital injection

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Namibian Sun 2025-10-16

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