NTSIKA’S PRESENTATION TO THE PORTFOLIO COMMITTEE ON TRADE AND INDUSTRY 25th MARCH 2003

Mandate Strengthen Service Providers to support small business economic competition Facilitate global market access for small businesses Facilitate business advice & counseling to small businesses and access to raw materials and products Expand, coordinate & monitor the provision of training, advice, counseling & non-financial service to small businesses Provide financial support to Service Providers Formulate programme research & dissemination Make recommendations on policy matters

Overview of the SMME Sector The realisation that there are different segments of SMMEs: Micro Enterprises Survivalist Enterprises – seek a temporary income [1 – 2 people] Micro Businesses – stay small [1 – 5 people] Micro Business with growth potential Small to Medium Businesses [2 – 20 people] Competitive Small Scale Enterprises [20 – 200 people]

Supplier Development Develop potential entrepreneurs to start new ventures, and existing entrepreneurs who are at the growth & expansion stage of the business life cycle to enhance their capacity to service market opportunities

Supplier Development STRATEGIC GOAL ACTIVITIES Identify and develop SMMEs to service identified market opportunities ACTIVITIES Start-up Enterprise Development Growth and Expansion Enterprise Development Enterprise Turnaround