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