19 March 2010

Namibia: Canower Village Wins Afrisam Entrepreneurship

Keetmanshoop — Canower Village, a group of students from PK de Villiers won the first prize of N$4 000 during the Afrisam Entrepreneurship Development Programme in Keetmanshoop.

According to the group, Canower is derived from Candy and Flower. The main focus of their business is on candy and flowers and that is why they name their business as such. Their creations are designed by themselves from different types of flowers in bouquets and plates. Their main events of focus will be different kinds of celebrations.

The group who consists of Jeremiah Nghiwanwa, Penn-Ann Wilson, Christelle Olivier, Requel Sauls, Daphine Nyambe, A Bok and A Kandundu-Schultz presented the judges with an exceptional business plan and product display.

Their business plan clearly outlined their Vision and Mission, Legal Form of Business, Partners and Qualifications, Business Objectives for the first and second half respectively, their Keys to success, Market Analysis Summary and Market Segmentation, SWOT Analysis, Business Operating Plan, Registration and Renewal of flower permits, possible competitions, Organizational Structure, Financial Affairs of their business as well as their logo.

The Afrisam Entrepreneurship Development Programme was initiated to educate and inspire young people to value free enterprise, business and economics to improve the quality of their lives.

The programme started in 2007 as part of Afrisam's social responsibility to empower young people by giving them business skills to be able to become entrepreneurs, through training and mentoring. They realised that entrepreneurship does not start necessarily after school but equally at primary and secondary level.

It is the view of Afrisam the centrality of successful entrepreneurs to Namibia's future success cannot be overemphasized, without a successful and growing entrepreneurial class. They are of the opinion that without a foundation of business skills among the young people, new business start-up is impossible, therefore without proficient managerial class Namibia cannot have the enhanced productivity and efficiency in the use of country resources, that will lead to wealth generation and job creation, which will strengthen Namibia's economy to become a developed and self-sufficient nation.

During the Afrisam Entrepreneurship Development Programme, the learners have the opportunity to freely participate in the free enterprise system.

As the learners participate, they will set goals for themselves and their syndicate companies. They will learn practical information about daily operation of a small business. All participating learners will be making important business decisions and develop a business plan.

The Canower Village group members expressed their gratitude and appreciation for this initiative, because the experience they gained during the programme will guide them in their future business endeavours and the prize they won will kick-start their business mind and potential initiatives.

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