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.
Policy and planning coherence in the sector, that promotes an enabling ecosystem for SMMEs and Co-operatives.
Equitable access to responsive and targeted products and services that enable the growth and development of SMMEs and co-operatives.
An enhanced contribution to socio-economic development outcomes by the sector.
Sound governance and the optimal utilisation of available resources.
A professional and capacitated SBD.