Minister of Small Business Development Stella Ndabeni Abrahams has said while speaking at a small media briefing of the National Assembly last week that there would be better funding opportunities for small and medium businesses while presenting her department’s budget.
and that the department
would leverage the R500-million Innovation Fund developed through the
ecosystem, which would be supported by the European Union. Ndabeni Abrahams
added that R416-million would be allocated over the medium term to sector and
market development within the department. One of the department’s proposed
strategic focuses is access to business development services and support
infrastructure.
Ndabeni Abrahams noted
that the department would elevate support for the manufacturing sector through
its focused Import Programme to strengthen the country’s industrial base.
Done by Lizeka Tsotetsi
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