The Old Mutual Economic and Empowerment Drive (OM SEED) initiative awarded tonight a total of N$85 000 to three entrepreneurs at the event that took place in Oshakati.
The first prize went to Ms Jakobina Nangula who received capital of N$50 000 for her business Oshana Ceramics.
The second prize went to Mr Omwene-Tupopila Haitula who got N$25 000 for his business Tupo Namfood cc, while the third prize went to Mr Abner Tomas who got N$10 000 for his business Ndaka Mushrooms and Processing.
The awards followed an intense process where 20 entrepreneurs pitched in front of three judges.
The 20 entrepreneurs were selected out of 60 entrepreneurs who received entrepreneurship and leadership training.
The three winners from Oshakati join six others who won the OM SEED events that took place in Keetmanshoop and Windhoek, and all nine winners will have a short documentary produced highlighting their businesses which will be shared across the Old Mutual Namibia network.
All nine winners will also undergo a mandatory three-month incubation period to help them develop their businesses with support from industry experts and mentors.
The panel of judges at Oshakati consisted of Mr Vetarera Veii, Mr Tom Shilongo and Mr Joel Mwatilefu.
In the photo: The three winners of OM SEED at Oshakati are from left Abner Tomas, Jakobina Nangula, and Omwene-Tupopila Haitula.
