Small and Medium Enterprises play an important role in emerging economies with its
capacity to create employment opportunities and hence contributing to a country’s GDP.
The training of adult entrepreneurs however remains a challenge as there is no consensus
as to the components that should be included in such training initiatives. This study aims to
evaluate an adult entrepreneurship programme in terms of its content, delivery methods
and outcomes concurrent to the perceived values and challenges experienced by
entrepreneurs in the Namibian business community. A cross-sectional research approach
was followed, with surveys distributed to a convenience sample of Entrepreneurs (N= 102)
who participated in the training programme. The results overall showed that the
respondents benefitted to a large extent from the training programme. The training
programme contributed to improved business performance, an increased client base for the
respondents, improved work attitude and overall entrepreneurial skills. Various challenges
are faced by entrepreneurs, of which the perceived values of the Namibian market plays an
important role. The research presents an integrated framework by combining the elements
of the macro, meso and micro environments to enable the effective transfer and application
of knowledge for adult entrepreneur trainees in their respective businesses.
Recommendations are made.