Updated: May 27, 2021
We are excited to announce the launch of the third cohort of our micro-entrepreneurship incubator 'Building Bosses' which uses social entrepreneurship as a tool to tackle the issue of youth unemployment in Namibia and create a culture of entrepreneurship. This time we partnered with Basketball Artist's School, an after-school program for less-privileged children and youth in Katutura. Building Bosses is financially supported by GIZ Start-up Namibia, a German-Namibian technical cooperation project funded by the German Government.
The Building Bosses incubator addresses a portion of Namibia's crushing youth unemployment problem by facilitating entrepreneurship in the informal sector. The incubator’s core activity is an ongoing cycle of 3-month sessions taking cohorts of approximately 20 participants at a time through a program teaching the basics of business & financial literacy. Each participant is supported on an entrepreneurship journey, starting with a business in a box, an incredibly simple business model: becoming an agent selling cleaning supplies in their communities, where Impact Tank provides their seed product. After these sessions, each participant has access to the incubator facilities for ongoing mentorship and support towards their launching their own business.
The objective is to support the participants through this experience to bootstrap their own businesses, achieve a livable wage, catalyse their ability to employ others, inculcate the same amongst their peers and inspire a culture of entrepreneurship that magnifies this project’s results.
Stay tuned for more updates about our talented participants and their entrepreneurship journey!
Want to get involved? Reach out to a member of our team today about sponsorship and mentorship opportunities that will benefit the future of our Namibian youth.