North West Business 2021-22
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Development finance and<br />
SMME support<br />
The Mafikeng Digital Innovation Hub will assist small businesses.<br />
OVERVIEW<br />
The <strong>North</strong> <strong>West</strong> Provincial Government is investing in<br />
digital infrastructure. SMMEs will be able to use the<br />
newly-established Mafikeng Digital Innovation Hub<br />
(pictured) as a co-working environment and to get<br />
support in using digital tools.<br />
A Digital Covid-19 SMME <strong>Business</strong> Recovery training intervention<br />
was carried out by the Hub in partnership with the Department of<br />
Economic Development, Environment, Conservation and Tourism<br />
(DEDECT). This resulted in more than 180 entrepreneurs from all<br />
four districts of the province receiving training. A Youth Digital<br />
Skilling programme aims to teach skills such as software and app<br />
development, Artificial Intelligence and robotics.<br />
R6-million has been allocated for the <strong>2021</strong>/<strong>22</strong> financial year by<br />
the province to support women co-operatives and SMMEs. Support<br />
includes mentoring, training and buying equipment. Most of the<br />
Cooke’s Lake Information Centre in Mahikeng (excluding the existing<br />
office block) is to become a permanent flea market.<br />
The South African National Roads Agency Limited (SANRAL)<br />
currently has nine contracts covering more than 2 300km in the<br />
province. A set of subcontracts is being negotiated for routine<br />
maintenance such as the patching of potholes, fencing and the<br />
cutting of grass verges.<br />
ONLINE RESOURCES<br />
Mafeking Digital Innovation Hub: www.mafihub.co.za<br />
<strong>North</strong> <strong>West</strong> Development Corporation: www.nwdc.co.za<br />
Small Enterprise Development Agency: www.seda.org.za<br />
Tholoana Enterprise Programme: www.sabfoundation.co.za<br />
SECTOR INSIGHT<br />
An SMME and co-operative<br />
support programme has a<br />
budget of R6-million for <strong>2021</strong>/<strong>22</strong>.<br />
The National Department<br />
of Small <strong>Business</strong> Development<br />
(DSBD) has several programmes<br />
to assist SMMEs and co-operatives.<br />
These include the Black <strong>Business</strong><br />
Supplier Development Programme<br />
and the Cooperative Incentive<br />
Scheme, a 100% grant.<br />
The Small Enterprise<br />
Development Agency (Seda) is an<br />
agency of the DSBD and gives nonfinancial<br />
support to entrepreneurs<br />
through training, assistance with<br />
filling in forms, marketing and<br />
creating business plans.<br />
The Seda Technology<br />
Programme helps potential<br />
businesses become trading entities.<br />
The Industrial Development<br />
Corporation is a strategic lender and<br />
plays a strong role in supporting<br />
small and emerging enterprises.<br />
The SAB Foundation Tholoana<br />
Programme provides grant funding<br />
and business support in the <strong>North</strong><br />
<strong>West</strong>. The programme invests in<br />
entrepreneurs, particularly women,<br />
youth, people in rural areas and<br />
persons with disabilities. The<br />
18-month programme provides<br />
mentorship, business development<br />
tools and workshops, access<br />
to peer networks finance, and<br />
support throughout the time spent<br />
on the programme. ■<br />
43 NORTH WEST BUSINESS <strong>2021</strong>/<strong>22</strong>