WINDHOEK - The Namibia Business Innovation Centre (NBIC) will host a public lecture and a two-day workshop aimed at shedding more light on the role of innovation, its impact in the present dynamic and how to build a successful business based on innovation.

The workshop targets aspiring entrepreneurs and executives thinking about diversifying their business interests or people who work for organisations supporting entrepreneurship and innovation.

“At the Innovation Village, we want to change the mindset of people and make them see the opportunities that innovation creates,” says Silas Newaka, Innovation Marketplace Officer at NBIC.

“Through this workshop, participants will gain a fundamental understanding of the process of transforming software- and technology-based business ideas into sustainable start-up enterprises,” he said.

The facilitator would be Stephan Lamprecht, an industrial engineer and leading thinker in new venture creation and business development. Lamprecht will share his experience and insight into how to take ideas from the conception stage through to execution, scaling and sustainability.

“Starting an enterprise requires different skills. Due to diligence, sometimes the great ideas or innovative technologies are simply not enough to guarantee commercial success. Entrepreneurship and new venture creation is not limited to start-ups as business corporations and existing enterprises are often the best places to nurture new ideas and incubate exciting new business ventures,” says Lamprecht.

The workshop will cover different topic such as the role of innovation in business development and new venture creation, the opportunities in innovation, how to approach innovation and other aspects regarding business development with innovation.

It will also share African context examples of local opportunities and best-practices embedded in global trends. The workshop is expected to take place on July 11 and 12, while the public talk takes place on July 10 at the NBIC Innovation Village.