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Department of Small Business

This strategic plan outlines the vision, mission, and objectives for fostering small business growth and economic transformation. Key initiatives include policy instruments, infrastructure development, education improvements, and sector strategies.

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Department of Small Business

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  1. Department of Small Business Strategic Plan 2014-19

  2. Primary Policy Instruments • Mandate • Vision • Mission • Strategic Objectives • Five-year strategic plan • MTEF 2015 – 2018 • Budget

  3. The National Development Plan provides the framework for achieving radical economic transformation • It sets a vision for the economy that is inclusive, equitable and fast growing. • To achieve that end, it points to the need to grow employment, support productivity and efficiency gains and move toward greater equality. • To reach these aims it proposes: • more affordable and efficient infrastructure provision linked to higher levels of public investment; • substantial improvements in basic and post-secondary education; • responsive and efficient regulations; and • appropriate sector strategies.

  4. The key operational plans for implementing the National Development Plan and MTSF include : • the New Growth Path and the Industrial Policy Action Plan (IPAP). • The challenge is to ensure that these strategic plans are translated into action plans with well-defined annual iterations • Through IPAP , plans will focus on productive sectors including mining , agriculture and manufacturing

  5. Medium Term Strategic Framework : a government strategic plan for 2014-2019 electoral term • Reflection of the commitments entailed in the manifesto including commitment to implement the NDP • Sets out identified targets and provides for coherence amongst national , provincial and local government • Overarching theme : radical socio-economic transformation and service delivery

  6. Outcome 4 Decent Employment through inclusive economic growth • Sub outcome 2: Elimination of unnecessary regulatory burdens and lower price increases for key inputs • Measures to reduce red tape around authorisation for investment in metros ( dti and SBD) • Enhance township economies by DFIs ( supported by EDD) • Enhanced support for township economies through improved transport and commuter costs ( SBD supported by COGTA, PICC, DOT DHS)

  7. Coaching and incubation programmes in support of SMMEs and COOPS( supported by EDD, DAFF and the dti ) • Programmes to ensure increased access to employment and entrepreneurship for black women and youth ( advancing support for emerging and smaller enterprise) • Develop appropriate sanctions with regard to non compliance in relation to the 30 Day payment period • )

  8. The department will lead an integrated approach to the promotion and development of small businesses and cooperatives through a focus on the economic and legislative drivers that stimulate entrepreneurship to contribute to radical economic transformation. This drive will foster increased employment, poverty reduction and reduced inequality.

  9. A radically transformed economy through effective development and increased participation of SMMEs and cooperatives in the mainstream economy.

  10. To create a conducive environment for the development and growth of small businesses and cooperatives through the provision of enhanced financial and non-financial support services, competitiveness, market access, promotion of entrepreneurship, advancing localisation and leveraging on public and private procurement.

  11. Customer-focused • Integrity • Honesty • Efficiency • Accessibility • Commitment .

  12. To facilitate the development and growth of small businesses and co-operatives to contribute to inclusive and shared economic growth and job creation through public and private sector procurement • To facilitate radical economic transformation through increased participation of small businesses and cooperatives in the mainstream economy • To advocate for a conducive regulatory environment for small businesses and co-operatives to enable access to finance, investment, trade and market access in an equitable and sustainable manner • Facilitate partnerships with all spheres of government as well as the private sector to ensure mutual cooperation that will benefit small businesses and co-operatives

  13. 5. To facilitate access to adequate infrastructure and incentives that are designed to attract investment to underdeveloped communities and reduce costs of doing business by small businesses and cooperatives.

  14. Short-term Priorities • Skills, training and capacity building (LED, business development support, technology transfer, innovation and entrepreneurship). • Finalise incentives and access to finance delivery model. • Identify opportunities for public sector procurement (set-asides programme). • Establish business development/marketing section to identify and develop business plans for implementing public sector procurement opportunities. • Private sector procurement opportunities (supplier development programmes, revitalisation of mining towns). • Develop new policies, review existing policies and implement strategies, i.e. roll-out of key interventions.

  15. Long-term Priorities • National survey (periodic and reliable statistics) • Design training programmes to address skills gaps including sector specific interventions • Develop key domestic and international markets • Decentralise business development services to include economic profiling and market access • Develop and review the regulatory environment

  16. Envisaged Impact • Incentive programmes aimed at creating new businesses, which will increase the potential for new jobs • Public and private sector procurement geared towards improving market access (including growth and development) for black small enterprises and co-operatives (e.g. fixing of potholes) • Increased culture of entrepreneurship aimed at increasing the number of new innovate and sustainable business ventures that will contribute to job creation • Creating a simplified policy and regulatory environment for SMMEs and Co-operatives development to eradicate poverty, inequality and unemployment

  17. Envisaged Impact cont… • Through the Export Development Programme companies will improve their ability to export and reduce the costs and risks involved in penetrating foreign markets • The provision of technical and business development services to the targeted groups (youth, women and people with disabilities) will result in upgraded skills, improved quality of products, access to local and international markets, enhanced and sustainable enterprises, increased employment. • Enhanced support to informal businesses, rural and township enterprises will increase their competitiveness, resulting in sustainable enterprises and retention of existing jobs.

  18. Grants and soft loans will be researched and covered as per the Cluster determination • The proposal is R2.5 billion over the MTEF period

  19. Programme 1: Administration R534 million • This programme will be comprised of support services to the department in terms of a Chief Information Office, Human Resources, Legal Services, Corporate Governance and Ethics, Auxiliary Services and a unit to execute the marketing and communications of the department.

  20. Programme 2: Customised Intervention Programmes R371 million (includes Gender, Innovation, IP, IKMS, Youth, NIBUS, People with disabilities) • The key focus will be striving to improve the quality of financial and non-financial support services to SMMEs and coops. Specific programmes will include support of informal activities through the implementation of the National Informal Business Upliftment Strategy (NIBUS), which will provide subsistence for people who are economically marginalised. In addition to this the department on supporting market access initiatives.

  21. Programme 3: Co-operatives R366 million • The department will be implementing a new support model for cooperatives, including implementation of the Co-operatives Act and the establishment of a Cooperatives Development Agency and Tribunal, and developing and providing financial incentives.

  22. Programme 4: Research, Policy and Intergovernmental Relations R87 million • Evaluation of existing policies such as National Small Business, Cooperatives, Youth Enterprise Development, Women Empowerment and National Informal strategies with a view to enhance policies in line with the mandate of the Department. The conclusion of transversal agreements with other Government Departments to enhance implementation of Departmental strategies will need to be effected.

  23. Programme 5: Enterprise Development and Entrepreneurship R3.8 billion (includes Chief Directorates Enterprise Development, Entrepreneurship and Franchising, Skills Development, Supply Development, Impact Assessment, Regional Industrial special projects and Incentives and soft loans to both SMMEs and Co-operatives) • Coaching and incubation programmes will be provided in support of SMME’s and co-operatives and will include support in capturing innovation and managing intellectual property and indigenous knowledge for small businesses.

  24. Requested R60 million • Allocated R33.7 million • R16 million CoE • 12.7 million G&S • R5 million Capital Assets

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