The Business Idea Competition, run by the NBII’s Innovation Marketplace as part of the Centre’s entrepreneurial support and development initiatives, challenges members of the public to develop original and innovative business ideas that can be translated into sustainable business ventures.
The competition, started in 2010, this year attracted 100 bright and innovative business ideas. The number of entries is growing annually and entries are characterised by the encouraging factor that business ideas are increasingly entered by participants from outside Windhoek.
Guedes Sahombo walked away with the first prize for his business idea, Logic Messenger, a mobile application that allows students and lecturing staff at tertiary education institutions in Namibia to share assignments, notifications and lecture notes and to participate in discussions. His prize included N$15 000 in cash, a laptop and the opportunity to attend a number of NBII programmes organised by the Innovation Marketplace.
Ismael Tjimuhiva won the second prize for his business idea, Farming Solutions Namibia, which included N$6 000 in cash, a Samsung smartphone and vouchers to participate in NBII workshops and programmes. The third prize was awarded to Josua Nghaamwa for his Digital Satellite Dish. He scooped N$4 000 in cash, a Samsung smartphone and vouchers to attend Innovation Marketplace workshops.
The Manager of the Innovation Marketplace, Angelica Bergmann, announced the winners and said: “NBII stimulates and motivates the people that have the courage to act on their dreams and is proud to reward the participants who truly represent what the NBII aims to achieve.”