 |
What form of business is best?One of the most important things you need to do is to decide what form of business your SME will be? There are many forms of businesss: from sole proprietorships, to partnerships, to CCs, to PTY LTDs. The most likely form for your small business will either be sole proprietorship or a close corporation. |
The Development Bank of Namibia
The Development Bank of Namibia fosters, empowers and finances bold new ventures. Whether large or small, a start-up or expansion, private or public sector, the Development Bank of Namibia generates success, innovation, growth and prosperity. The Bank provides finance for private sector start-ups and expansions, equity deals, bridging finance, enterprise development finance, trade finance, small and medium enterprises, public private partnerships, public sector infrastructure, local authorities, and bulk finance to responsible micro-finance providers.The DBN only finances Namibian participation in projects.
Projects are evaluated on the basis of:- Viability
- Sound equity structure
- Adequate security
- Environmental soundness
- Employment creation
- Income generation
- Development of infrastructure
- Diversification of economic activity
The Development Bank believes that good business, smart partnerships and good ideas are good for development. Its doors are open for firms with bold visions, sound business plans or excellent business proposals.
