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Brightlight Agritech scoops N$50,000 in Sanlam Bridge MSME Competition

Brightlight Agritech scoops N$50,000 in Sanlam Bridge MSME Competition

Agricultural company, Brightlight Agritech, founded by Immanuel Simao and Vezembouua Tjaverua scooped the grand prize of N$50,000 of the 2022 Sanlam Bridge MSME Competition on 17 February.

Sanlam hosted the final pitch for the 2022 Sanlam Bridge competition beneficiaries at the Namibia Investment Promotion and Development Board (NIPDB), where K12 a plus EduTech company, Moonsnacks a food company, Superfly a Bio-convertors company, Brightlight Agritech an agriculture company and Betterpack Manufacturing a manufacturing company all Micro, Small and Medium Enterprises (MSMEs) presented their products to a panel of judges.

Sanlam said the MSMEs needed to address challenges in the market, the solutions they have developed, the impact that the programme has had on their businesses, as well as projected growth.

Marketing and Communications Manager, Laurencia Prinzonsky said the competition addressed the entrepreneurial development challenges experienced by MSMEs in Namibia.

“We are committed to giving back and playing our part in supporting worthy initiatives that has a positive impact on the country in focus areas of health and welfare, education, entrepreneurial development, sports development, and culture,” she added.

According to Sanlam during the 2022 programme, StartUp Namibia provided support and mentorship to the entrepreneurs and was a partner in facilitating the programme.

The five finalists were selected from 30 business owners who participated in a four-week pre-incubation programme and out of these start-ups, the five MSMEs were chosen to receive support from us and StartUp Namibia.


 

About The Author

Mandisa Rasmeni

Mandisa Rasmeni has worked as reporter at the Economist for the past five years, first on the entertainment beat but now focussing more on community, social and health reporting. She is a born writer and she believes education is the greatest equalizer. She received her degree in Journalism at the Namibia University of Science and Technology (NUST) in June 2021. . She is the epitome of perseverance, having started as the newspaper's receptionist in 2013.