FABLAB Namibia under the auspices of NUST has innitiated an exploratory session to start an association for business angels to support the economy of Namibia. It was established on the 5 day of December 2017 a voluntary association to be known as the Namibia Business Angel Network (NABAN) with the following mission and objectives in mind.
MISSION:
To sustainably grow Namibia’s economy through promoting, growing and connecting actors in the field of Namibian angel, early stage investment and venture capital for high growth and innovative businesses.
OBJECTIVES:
- To build the Namibian angel investor ecosystem
- To promote local equity investment
- To promote good practice and quality standards
- To act as the voice of the Namibian angel investors
- To facilitate and promote investor’s access to opportunities for investment
- To recruit, educate and coordinate Namibian angel investors
- To advance innovative entrepreneurship in Namibia
The initiative is currently driven by FABLab Namibia at the Namibia University of Science and Technology. Membership is open as per the constitution.
