The 2024 Old Mutual Sustainable, Economic, and Empowerment Drive (OM SEED) initiative has officially concluded, marking another successful year of empowering Namibia’s brightest entrepreneurial minds. This year’s programme concluded in the Oshikoto Region, where innovative businesses and exceptional talent were uncovered, awarding three standout entrepreneurs who are set to make a lasting impact in their communities. This marked the fourth region the OM SEED Team visited for 2024, in addition to the Zambezi, Kavango West and Ohangwena Regions.
The Old Mutual Namibia Foundation proudly presents the 2024 OM SEED winners from the Oshikoto region. Leading the winners and securing N$50 000 is Robert Natangwe Johannes, the founder of JRN Engineering Investment CC, a company specialising in the manufacturing and design of various metal and fabricated products. Johannes shared his excitement, “Winning the OM SEED first prize is a monumental achievement for us. This funding will allow JRN Engineering Investment to expand our operations and enhance our product range. We are committed to delivering high-quality metal products that meet the needs of our community.”
Theodor Shithigona, the creative mind behind Theo Wood and Metal Fabrication, earned the second prize of N$30 000. His business designs and manufactures wood and metal utensils and products. “This reward is a significant boost for Theo Wood and Metal Fabrication. With OM SEED’s support, we will increase our production capacity and improve the quality of our products. Our goal is to contribute to the growth and development of our region through expertly crafted utensils and products.”
Theuhill Veldtschoen, the entrepreneur behind Veldtschoen Waste Management Solutions, took the third prize and N$20 000. Specialising in a technology-based waste management app for collection, sorting, segregation, recycling, education, and awareness, Veldtschoen stated, “Being recognised by OM SEED is a tremendous honour. This prize will enable Veldtschoen Waste Management Solutions to improve our app and increase our waste management services. We are dedicated to promoting sustainable practices and environmental awareness in our community.”
Mignon du Preez, Old Mutual Namibia’s Group Marketing, Public Affairs, and Sustainability Executive highlighted the significance of concluding the 2024 OM SEED programme, “It’s inspiring to see how the entrepreneurs from Oshikoto are using their talents to create sustainable businesses. Over the course of this year, we have trained 40 entrepreneurs across four regions and awarded 12 entrepreneurs with their share of N$400 000 in prize money. Seeing the innovative solutions and dedication of these entrepreneurs reaffirms our belief in the power of entrepreneurship to transform lives and communities. OM SEED is here to champion their journeys.”