MANDATETo support the radical transformation of the economy through the promotion and development of sustainable and competitive entrepreneurs, small businesses and co-operatives, that contribute to job creation and economic growth.
VISIONA vibrant culture of entrepreneurship and enterprise growth, where small businesses and co-operatives act as drivers of job creation and inclusive economic benefit.
MISSIONWorking together to enable, develop and accelerate entrepreneurship and the growth of sustainable and competitive small businesses and co-operatives.
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.
CORE DEPARTMENTAL GOALS:
OTHER SERVICES INCLUDES BUT ARE NOT LIMITED TO: AFTER CARE SERVICES, TRAINING AND DEVELOPMENT, FINANCIAL SUPPORT AND NONE FINANCIAL SUPPORT
THE PORTFOLIO OF SMALL BUSINESS DEVELOPMENT IS SUPPORTED IN THE DELIVERY OF SOME OF THESE SERVICES BY ITS TWO AGENCIES