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“Within two years, SMEs Compete has
managed to assist over 500 small and medium enterprises (SMEs)
throughout the country,” proudly says founder and co-director Danny
Meyer on the occasion of the firm’s second anniversary. The
entrepreneur, who stepped back from active business in 2001 to focus
on enterprise and entrepreneurial development, is convinced that
despite being well endowed with resources above and below the ground,
southern Africa will not develop fully unless entrepreneurship is
permitted to thrive.
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Founder and co-director of SMEs
Compete, Claudine Mouton.
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SMEs Compete is the branding applied to
local consulting firm that provides assistance and support for income
growth and job creation in the Namibian small and medium enterprise
(SME) sector. The primary objective of the firm is to improve
entrepreneurial, management, marketing and information technology
skills of SMEs in Namibia.
The firm was borne of a USAID-funded
programme, which closed in February 2006. With the support of
USAID/Namibia and encouragement of the Ministry of Trade and Industry
(MTI), Danny Meyer, Claudine Mouton and a third partner, Collin
Gaochab, founded SMEs Compete.
From humble beginnings and with the
support of MTI, USAID, the German Development Service, Deutscher
Entwicklungsdienst (DED), First National Bank (FNB), Skorpion Zinc,
Namibia Asset Management (NAM) and to a lesser extent by a growing
number of corporate firms, scores of SMEs have and continue to
benefit from business skills capacity building interventions and
mentorship.
Over the course of the past business
year, SMEs Compete has expanded even further, with the main intention
of creating employment and wealth whilst developing the local economy
and increasing the standard of living for Namibia as a whole. To this
end the firm has established a presence in Ongwediva and in Walvis
Bay and relocated to larger premises in the capital city.
Founder and co-director of SMEs
Compete, Claudine Mouton says that SMEs Compete could not have
demonstrated that there is indeed life after donor funding for a
developmental project without the assistance of many friends and
supporters. In an interview at the firm’s head office in Windhoek,
Mouton credited the German Development Service, USAID, MTI, corporate
firms, her fellow director Meyer and an ever-growing cadre of
personnel for helping transform a donor project to a Namibian
business entity.
Asked about future growth plans Mouton
says, “Development of a venture capital facet of service provision
will be the focus of our attention over the coming year.”
SMEs Compete sees this as a way to help
novice entrepreneurs grow business.
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