Igniting the spirit of Entrepreneurship

Moving South Africa forward

Igniting the spirit of Entrepreneurship

Moving South Africa forward

Unlocking the potential of SMME’s and Cooperatives

Moving South Africa forward

Igniting the Spirit of Entrepreneurship

Moving South Africa forward

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Progress Report as at 22 May 2020

COVID-19 SMME RELIEF FUNDING

Current Amount approved for SMME Debt Relief Funding Scheme
R 513 M
Number of applications received for the Debt Relief Scheme
35865
Complete applications in progress (processed by sefa)
14451
Incomplete Applications resulting in delays
21414
Number of Jobs saved through the approvals
21421
Number of SMME's approved for funding
1497

MANDATE

To lead and coordinate an integrated approach to the promotion and development of entrepreneurship, small businesses and co-operatives, and ensure an enabling legislative and policy environment to support their growth and sustainability.

VISION

A radically transformed economy through integrated and effective enterprise development and entrepreneurship promotion.

MISSION

The coordination, integration and mobilisation of efforts and resources towards the creation of an enabling environment for the growth and sustainability of small businesses and co-operatives.

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About us

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:

 

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