SunCycles bag second prize in business competition
Marita van Rooyen and MJ of Sun Cycles bagged the second prize in the annual NBIC Business Plan competition which was sponsored by FNB Business.
Martin Roos, Head of FNB Business SME Division said, “we are extremely proud of Sun Cycles, the electric powered bicycles which can reach a speed up to 30km/h. We hope that the prize money of N$15,000 will assist them in achieving even more heights and dreams with their venture.”
Roos said that not only was the idea original and affordable. It also offered all Namibians the opportunity of solar powered, efficient and sustainable transport.
“This solar powered electric bicycle can be built, maintained and operated by Namibians themselves and might solve the transport crises of numerous fellow Namibians,” he added.
The company also offers more than just the purchasing or renting of Sun Cyles. Their dream is to offer a more sustainable, affordable, and environmentally friendly form of energy and mobility; make solar-powered electric mobility accessible to Namibians; transfer knowledge, skills and know-how regarding electric mobility and create employment and equal opportunities.
“We encourage Namibians to make use of this opportunity to become mobile while at the same time conserving our green planet,” he added.
The Namibia Business Innovation Centre (NBIC)’s annual Business Plan Competition is aimed at encouraging the many aspired entrepreneurs to think their ideas through and outline them in a structured document which in turn often gives them greater understanding of their markets, assess actual viability of those ideas as well as encourage them to realize the Business Plan.
This was the 6th annual Business Plan Competition and in itself gives the much needed public exposure to some of our many promising, upcoming entrepreneurs. FNB Business SME Division has supported the competition for the past 4 years.