The Sustainable Enterprise Development Facility for Job Creation in South Africa

The development objective of the proposed Sustainable Enterprise Development Facility (SEDF) for South Africa is to create decent jobs for men and women in three provinces through entrepreneurship promotion and development of Micro, Small and Medium Enterprises (MSMEs) in sectors and value chains with employment potential. The creation of jobs and enterprises within these sectors will be achieved through a strengthened collaboration between private and public sector partners to identify gaps in the market where real business opportunities lie. The immediate project objectives are: 1. To nurture a culture of entrepreneurship among young men and women 2. To improve the enabling business environment 3. To better match demand for and supply of business development services (BDS) 4. To stimulate innovation, entrepreneurship and sustainable enterprise development The immediate project outcomes are: i) improved entrepreneurial attitudes and increased entrepreneurial intentions among young men and women; ii) an improved provincial business environment; ii) increased uptake and improved impact of BDS for emerging and established entrepreneurs; and, iv) innovative business ideas and business plans developed and implemented. The project builds on the outcomes and results of the ongoing Free State SME Development Initiative and is an extension and expansion of this initiative to the entire Free State (FS) province as well as to the province of Kwazulu Natal (KZN).

Project symbol

SAF/13/05/FLA

Admin unit

DWT/CO-Pretoria

Start date

01/01/2014

End date

31/10/2017

Total allocation

3928125

Total expenditure

Status

Closed

3921816

Development Partners

Belgium, Government of Flanders, Department of Foreign Affairs

Country/Countries

South Africa

Outcomes

Promoting sustainable enterprises