Applications are now open for the ProSME Project SME Fund, a grant funding initiative designed to support the growth, competitiveness, and sustainability of Micro, Small, and Medium Enterprises (MSMEs) in Namibia.
The SME Fund aims to strengthen the sustainability, competitiveness, and growth potential of Micro, Small and Medium Enterprises (MSMEs) in Namibia through entrepreneurship support, ecosystem strengthening, strategic partnerships, and enterprise development interventions aligned with national development priorities and inclusive economic growth objectives.
The fund is implemented by the (NIPDB) under the ProSME Project and aims to provide financial support to qualifying MSMEs seeking to expand operations, improve productivity, and strengthen their market position.
Grant Benefits
Successful applicants may receive grants ranging from:
N$50,000 to N$100,000 in non-repayable funding
Support for business growth and expansion
Assistance in improving operational capacity
Opportunities to enhance competitiveness and sustainability
Access to a broader MSME support ecosystem
Who Can Apply?
The fund is open to:
-Registered Micro, Small, and Medium Enterprises (MSMEs) in Namibia
-Businesses with growth potential
-Enterprises seeking support to scale operations or improve productivity
-Eligible businesses operating within approved sectors under the programme
-Applicants must meet the eligibility requirements outlined by the programme administrators.
Enterprise Category Annual Turnover
-Micro Enterprise Up to N$300,000
-Small Enterprise Up to N$3,000,000
-Medium Enterprise Up to N$10,000,000
Eligible Uses of the Grant
Funding may support activities such as:
-Business expansion
-Equipment acquisition
-Product development
-Market access initiatives
-Operational improvements
-Innovation and business growth projects
-Capacity-building activities
Specific eligible expenditure categories are detailed in the programme guidelines.
Which sectors are eligible?
The SME Fund welcomes applications from all sectors of the Namibian economy.
Focus Sectors Include:
-Agriculture & Agro-processing
-Artisanal Mining
-Blue Economy
-Circular Economy
-Culture & Creative Industry
-Financial Services
-Health, Wellness, & Grooming
-Information and Communication Technology (ICT)
-Manufacturing
-Tourism, Hospitality, & Recreation
Why This Matters
Access to finance remains one of the biggest challenges facing MSMEs across Africa. The ProSME SME Fund seeks to address this challenge by providing grant financing that enables businesses to invest in growth, create jobs, improve competitiveness, and contribute to Namibia’s economic development.
How To Apply
Interested MSMEs can review the eligibility criteria and submit their applications through the official SME Fund portal 👉 Here
