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SMME Development and Support Programme


Background

Entrepreneurial Capacity-building Programme

Business Incubator Programme



Brochure containing all the above information in pdf format

 

Entrepreneurial Capacity-building Programme

This programme focuses on developing the skills that entrepreneurs need to make their contribution to the economy. The following services and programmes supplement this programme:

• Micro MBA Training Programme

This training programme targets mostly young people at the entry level of entrepreneurial activity.

What does the training entail?
The training is competency-based and learner-driven and consists of these eight modules:

- Market investigation
- Using a calculator for business
- Buying
- Costing and pricing
- Selling
- Writing a business plan
- Money management
- Stock control

Who is targeted?
The course is designed for traders, manufacturers and service providers and is presented in English, Afrikaans, Northern Sotho, Tswana, Xhosa and Zulu.

The programme is revised annually and the number of participants depends on the budget available.

Who do I contact?
For enquiries, phone the recruitment officer, Isaac Mkwanazi at 012 358 1472 or .

• Start-up support service

This service is for aspiring entrepreneurs, helping them to navigate the basic obstacles to entering the entrepreneurial world.

What does the service entail?
The service package includes:
- At least six hours of business advice and support
- Supervision during the drafting of a business plan
- Business counselling
- Mentorship services

Who is targeted?
Any entrepreneur who wants to start a business

Who do I contact?
For enquiries, phone the recruitment officer, Mohau Monama, at 012 358 1054 or .

• Financial management training

Research shows that one of the critical reasons why South Africa's Total Entrepreneurial Activity Index is so low is the country's low skills levels. Financial management skills are cited as a key area that is contributing to the lack of confidence.

What does the training entail?
The training is conducted over two full days and covers the following:
- Definition of terms and financial analysis
- Uses of money
- Sources of money
- The trading cycle and its importance
- Working capital and its uses
- Cash flow and cash flow forecasting
- Analysis of cash flow and decisions on when to buy
- Profit and profit forecasting
- Debtors control
- Creditors control
- Treatment of loans, loan repayment and interest in financial statements
- Preparation of budgets
- Overview of business insurance
- Record-keeping to meet SARS and CIPRO requirements

Who is targeted?
Entrepreneurs who need basic financial management skills and who lack the knowledge skills needed to be successful employers

 

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