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Old Mutual Namibia Raises SEED: Seasons Prize Pool to N$650,000, Expands Winners to 15（https://namibiatoday.com/old-mutual-namibia-raises-seed-seasons-prize-pool-to-n650000-expands-winners-to-15/）
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Namibia Today（https://namibiatoday.com） Blog（https://namibiatoday.com/blog/） News（https://namibiatoday.com/category/news/） Old Mutual Namibia Raises SEED: Seasons Prize Pool to N$650,000, Expands Winners to 15
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Old Mutual Namibia Raises SEED: Seasons Prize Pool to N$650,000, Expands Winners to 15
by Editor（https://namibiatoday.com/author/thomas2329843/）
October 30, 2026
1 minute read
4 days ago
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Old Mutual Namibia Raises SEED: Seasons Prize Pool to N$650,000, Expands Winners to 15. The Old Mutual Foundation has increased the total prize money for its 2026 SEED: Seasons entrepreneurship programme to N$650,000, expanding the number of entrepreneurs who will receive financial support from three to 15.
The revised prize structure follows strong interest in the programme and the quality and diversity of applications received, according to Old Mutual Namibia.
Under the new arrangement, each of the five competition categories will have three winners, with first place receiving N$60,000, second place N$40,000 and third place N$30,000. This allocates N$130,000 to each category, bringing the overall prize pool to N$650,000.
The five categories are SEED Level Up, SEED Green, SEED Play, SEED Made and SEED Manufacturing. They cover different areas of entrepreneurship, including youth-led businesses, environmental sustainability, sport and fitness, creative industries and manufacturing.
Mignon du Preez, Old Mutual Namibia Group Marketing, Public Affairs and Sustainability Executive, said the response to the programme had demonstrated the range of entrepreneurial talent and business potential across the country.
She said the decision to expand the prize structure would allow the foundation to recognise more entrepreneurs and support businesses contributing to their communities.