OVERVIEW Development
OVERVIEW Development finance and SMME support SMMEs in the North West are on a central supplier base. The Provincial Government of the North West is driving a policy to boost the economies of Villages, Townships and Small Dorpies (VTSD). The Finance, Economy and Enterprise Department (FEED) will roll out industrial laundries in VTSD areas, which will be linked to health and correctional services facilities. The agricultural supply chain can involve rural communities and entrepreneurs in business so a centralised supplier database has been established. The North West Development Corporation (NWDC) is the economic development agency of the province. The NWDC assists SMMEs gain access to funding, identify markets and provides infrastructure. The NWDC has found an innovative entrepreneur, making handmade toy cars which come equipped with solar panels and Bluetooth speakers. Thabang Khisane of Ganyesa, which is on the road from Vryburg to the Kalahari, has found a way of combining the traditional South African “wire car” with the latest in modern technology. The North West Innovation Competition 2017 turned up some other enterprising ideas among the winners, including a water-wise nursery and an animal reflector spray to make animals visible to cars at night. The winners received support from the organisers of the event, the NWDC, the Office of the Premier, Seda, North West University Technology Transfer Office and the National Department of Science and Technology. The National Department of Small Business Development (DSBD) has several programmes to assist SMMEs and co-operatives. including: • The Black Business Supplier Development Programme, a cost – sharing grant to promote competitiveness ONLINE RESOURCES Development Bank of Southern Africa: www.dbsa.org Industrial Development Corporation: www.idc.co.za National Department of Trade and Industry: www.dti.gov.za National Small Business Chamber: www.nsbc.org.za North West Development Corporation: www.nwdc.co.za SECTOR INSIGHT SMMEs and co-operatives are preferred for government contracts. • The Co-operative Incentive Scheme, a 100% grant. The Small Enterprise Development Agency is an agency of the DSBD and gives non-financial support to entrepreneurs through training, marketing and creating business plans. The Seda Technology Programme (Stp) helps potential businesses become trading entities. The Industrial Development Corporation is a strategic lender and plays a strong role in supporting small and emerging enterprises in the North West province. Shanduka Black Umbrellas has an incubator in Mooi Nooi, near Marikana. Among the success stories from that area is Montamaisa Bosigo Transport, which does staff transport and courier services. The Afrikaansehandelsinstituut (AHI) has rebranded as the Small Business Institute. Representing over a hundred chambers, the SBI is a member of Business Unity South Africa. NORTH WEST BUSINESS 2018 46
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