The NISED Masterplan forms the third iteration of the high-level strategic framework of SMME development and targeted support, following the White paper in 1995, the Integrated Strategy for the Promotion of Entrepreneurship and Small Enterprise (ISPESE) in 2004 and the Improvement plan developed in 2019 post the ISPESE’s evaluation. The NISED represents the next 10-year strategic approach to facilitating the promotion of entrepreneurship, growth and support of SMMEs in line with the NDP targets to assist small business.