Nearly 50 Erongo SMEs qualify for Equipment Aid Scheme

SWAKOPMUND: Forty-eight Small and Medium Enterprises (SMEs) in the Erongo Region have qualified for the Ministry of Trade and Industry’s Equipment Aid Scheme this year.

On Tuesday, 27 of the SMEs received equipment from Minister of Trade and Industry, Calle Schlettwein during a handing-over ceremony in Swakopmund.

The remaining 21 SME have received letters of approval to show that they have been selected and will receive their equipment this year.

The equipment distributed on Tuesday includes equipment used in construction, tailoring, catering, brick-making, welding and wood-cutting.

Schlettwein announced that the ministry invested over N.dollars 2 million in the procurement of such equipment for Erongo only.

He encouraged the beneficiaries to use their equipment wisely to achieve their dreams and contribute to economic development.

The minister said this intervention is intended to help small entrepreneurs improve and increase their productive capacity and product quality in particular, as well as ensuring survival and growth in general.

“May this equipment help you to become rich quickly,” Schlettwein said to the beneficiaries.

Also present at the handing-over was Erongo Regional Governor Cleophas Mutjavikua, who further encouraged entrepreneurs to be dedicated to growing their businesses.

“We must embrace a culture of hard work… hard work will help us move this country forward to industrialisation,” he said.

Swakopmund Mayor Juuso Kambueshe on his part advised the beneficiaries to be disciplined when conducting business as he said discipline is key to success.

He also warned them to not fail in getting their enterprises to “higher heights” because he said such failure will disappoint Government.

“If you fail, it will not be government failing us, but us failing government, so utilise the equipment properly to make a difference,” the mayor said.