The Old Mutual Foundation officially launched its Old Mutual Technovation Hackathon, inviting builders, designers, coders, and problem-solvers to reimagine seamless, human-centred self-service solutions for its customers and advisers.

The initiative, which forms part of its commitment to empowering entrepreneurs, offers participants expert guidance to help turn ideas into simple, working prototypes that can be tested and improved, and make a real impact by tackling high-value customer journeys that influence Old Mutual's digital transformation.

Applications are open from 3 to 16 November, for all regions across the country. According to Old Mutual, the competition features a total of N$100,000 in prize money, awarded in the form of Unit Trust investment accounts, with N$50,000 for first place, N$30,000 for second place, and N$20,000 for third place.

Old Mutual encouraged teams of two to four with skills in design, product, data or AI, engineering, customer experience or research to apply, while new ideas or early-validation concepts are welcome.

Participants will respond to a real Old Mutual digital problem statement, developing practical solutions that could integrate into the company's service delivery systems. Shortlisted entries will engage in ideation workshops, mentorship sessions, and pitch presentations as part of the hackathon process.

"Through this Hackathon, we are creating a platform where Namibian innovators can showcase their creativity and help shape the future of customer experience at Old Mutual," said Patricia Olivier, Chairperson of the Old Mutual Foundation.

"This initiative is more than a competition; it is an opportunity for young entrepreneurs to become part of a digital transformation journey that connects innovation with impact," she added.