{"id":258921,"date":"2023-05-03T10:43:33","date_gmt":"2023-05-03T08:43:33","guid":{"rendered":"https:\/\/www.myza.co.za\/press\/comments-sought-on-draft-policy-for-smme-funding\/"},"modified":"2023-05-03T10:43:33","modified_gmt":"2023-05-03T08:43:33","slug":"comments-sought-on-draft-policy-for-smme-funding","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/comments-sought-on-draft-policy-for-smme-funding\/","title":{"rendered":"Comments sought on draft policy for SMME funding"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/www.sanews.gov.za\/sites\/default\/files\/2012\/images\/newsstorytemplate\/202305\/legislationbook.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p>The Department of Small Business Development has reminded the public to submit comments on the Draft South African Small, Medium and Micro Enterprises (SMMEs) and Co-operatives Funding Policy, as the deadline approaches.<\/p>\n<p>The draft policy proposes 17 critical interventions that will enable the estimated 3.2 million SMMEs and 43 000 cooperatives in the country to thrive.<\/p>\n<p>These interventions include addressing fragmented financial support mechanisms, consolidating a database of small businesses, improving access to start-up capital and increasing business development support.<\/p>\n<p>The draft policy was published on 14 April 2023 by the Minister of Small Business Development, Stella Ndabeni-Abrahams.<\/p>\n<p>Comments must be submitted within 30 days from the date of publication of this notice.<\/p>\n<p>Late written submissions will not be considered.<\/p>\n<p>The policy forms part of other interventions to support small businesses, including the National Integrated Small Enterprise Development Framework that was approved by Cabinet in 2022.<\/p>\n<p>\u201cGovernment has prioritised SMMEs and cooperatives\u2019 support because these businesses create the most jobs and provide the most opportunities for people to earn a living,&#8221; a Cabinet statement said.<\/p>\n<p>The draft policy has been published in the Government Gazette and well as the website of the Department of Small Business Development on <a href=\"http:\/\/www.dsbd.gov.za\/\">www.dsbd.gov.za<\/a><\/p>\n<p>Link to draft policy: <a href=\"http:\/\/www.dsbd.gov.za\/sites\/default\/files\/Final%20Gazetted%20SMMEs%20and%20Co-operatives%20Funding%20Policy.pdf\">http:\/\/www.dsbd.gov.za\/sites\/default\/files\/Final%20Gazetted%20SMMEs%20and%20Co-operatives%20Funding%20Policy.pdf<\/a>. &#8211;&nbsp;<strong>SAnews.gov.za<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Department of Small Business Development has reminded the public to submit comments on the Draft South African Small, Medium and Micro Enterprises (SMMEs) and Co-operatives Funding Policy, as the deadline approaches. The draft policy proposes 17 critical interventions that will enable the estimated 3.2 million SMMEs and 43 000 cooperatives in the country to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":258922,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[38678],"class_list":{"0":"post-258921","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-south-africa","8":"tag-sanews","9":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2023\/05\/comments-sought-on-draft-policy-for-smme-funding.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/258921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=258921"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/258921\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media\/258922"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=258921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=258921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=258921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}