Department Of Small Business Development In Cape Town

Department Of Small Business Development In Cape Town

The Ministry of Small Business Development was established in 2014 marking a turning point in history of SMME’s and Co-operatives development in South Africa, demonstrating Government’s commitment to place SMME’s and Co-operatives at the centre of economic growth and job creation.

The Department of Small Business Development (DSBD) was thereafter established as a standalone national department in accordance with the reorganisation of some national departments announced by the President in May 2014, following the national elections.

Overview

The mission of the Department of Small Business Development is to focus on enhanced support to small businesses and cooperatives, with an emphasis on programs to advance entrepreneurship amongst women, the youth, and people with disabilities to contribute to job creation and economic growth.

The Department’s objectives are to: facilitate the development and growth of small businesses and cooperatives to contribute to inclusive and shared economic growth and job creation through public and private sector procurement; facilitate partnerships with all spheres of government as well as the private sector to ensure mutual cooperation that will benefit small businesses and cooperatives; advocate for a conducive regulatory environment for small businesses and cooperatives to enable access to finance, investment, trade equitable and market access in an and sustainable manner; and facilitate radical economic transformation through increased participation of small businesses and cooperatives in the mainstream economy.

CLICK HERE TO GET ALL THE HELP YOU NEED WITH YOUR SMALL SCALE ENTERPRISE