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NEWS BLOG

 Seda’s performance for the financial year 2015/16

Seda’s performance for the financial year 2015/16

10 June 2016 by SEDA

“74% of the SMMEs surveyed during the period reported increased turnover. Seda supported incubators created 497 new SMMEs in the year under review and in the process creating 2331 new jobs”

This year’s Small Enterprise Development Agency’s (Seda) Annual Stakeholder Forum (ASF) marks 12 years of Seda’s support to small enterprises and cooperatives. The ASF takes place on the 7th of October 2016 in Kimberley, Northern Cape. 200 National and Provincial Stakeholders of Seda have been invited to this event.

The Honourable Minister of Small Business Development, Ms Lindiwe Zulu, will provide a keynote address on the overall performance of Seda and provide a way-forward regarding its mandate and objectives. The MEC for Economic Development and Toursim in the Northern Cape, Mr Mack Jack and Councillor Basil Louw of the Local Economic Development in the Francis Baard District Municipalty are expected to be at this engagement. The Minister; the MEC; Councillor; Chairperson of Seda Board, Dr Ivor Zwane and the Chief Executive Officer of Seda, Ms Mandisa Tshikwatamba will brief the media at the end of the event.

The period under review has proven to be one of the most challenging however some really good developments emerged during this period. Seda emerged with an unqualified audit from the Auditor General South Africa. Seda and the Department of Small Business Development (DSBD) launched the business acceleration programme, Gazelles for Top 40 businesses which have been in existence for two years, turning over R1million per annum and employing 2 or more people.

Seda’s footprint through incubation centres grew to 57 with 55 as a target for the year. The centres support largely technology based businesses and were significantly supported through the Seda Technology Programme, in particular Seda’s supported incubators increased to 5. These incubators created 497 new SMMEs in the year under review and in the process created 2331 new jobs.

In the year under review 10679 small enterprises were supported by Seda through its branches. Of these clients 910 are from the Northern Cape Province. 74% of the SMMEs surveyed during the period reported increased turnover and a 51% increase in the number of jobs created.

Cooperatives face some challenges which affects their survival in the current economic climate. Seda managed to increase the number of secondary co-operatives supported to 40 and the number of primary co-operatives supported stood at 166.

Seda, DSBD, USAID, Institute of Business Advisors of South Africa (IBASA) and the Human Resource Development Council launched an online platform for SMMEs and Cooperatives seeking finance. Finfind is an online finance readiness portal in which business owners can meet potential financiers both in the public and private sector. Finfind was launched in October 2015.

Section 13E (6) of the National Small Business Amendment Act, Act 29 of 2004 requires that Seda through its Board of Directors, organise a yearly consultative meeting with stakeholders where they report on the Agency’s performance achievements.

ISSUED BY:THE SMALL ENTERPRISE DEVELOPMENT AGENCY (Seda)

MEDIA ENQUIRIES TO: Boy Ndala

E-MAIL: bndala@seda.org.za

TEL: 012 441 1163

MOBILE: 083 340 4603

Date: Wednesday, 06 October 2016

Bongiwe Thatelo

E-MAIL: bthatelo@seda.org.za

TEL: 053 539 5717

MOBILE: 073 306 7539


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ABOUT US

WHO ARE WE?

Seda was established in December 2004 as an agency under the Department of Trade and Industry, the dti. The establishment was done by merging three organisations; Ntsika Enterprise Promotion Agency, National Manufacturing Advisory Centre (NAMAC) and the Community Public Private Partnership Programme (CPPP). The GODISA Trust and the Technology Programmes were integrated into seda in April 2006, becoming Seda Technology Programme (Stp).

Seda provides business development and support services for small enterprises through its national network in partnership with other role players in the small enterprise support. Seda also implements programmes targeted to business development in areas prioritised by the Government.

DSBD MINISTRY

On the 25th May 2014 during the new National Executives speech, President Jacob Zuma announced the formation of the new Small Business Development Ministry.

The mandate of the department is to lead an integrated approach to the promotion and development of Small Businesses and Co-operatives through a focus on the economic and legislative drivers that stimulate entrepreneurship to contribute to radical economic transformation.

Gauteng is the smallest Province in South and it is bordered by the Free State, North West, Limpopo and Mpumalanga provinces. While being the smallest province, it is also the most populous, being home to 12 272 263 people. Its capital is Johannesburg and it also contains the city of Pretoria, as well as the East Rand, West Rand and Vaal areas.

Gauteng continues to serve as the economic engine of the country and is responsible for over 34.8% of the country’s GDP. Gauteng is the powerhouse of South Africa and the heart of its commercial business and industrial sectors. The most important sectors contributing to GDP are finance, real estate and business services; manufacturing; and general government services. Gauteng is also the financial services capital of Africa due to more than 70 foreign banks having their head offices in the Province as well as South African banks, stockbrokers and insurance giants.

The major gold and diamond mining houses all have their headquarters in Johannesburg, the biggest being Anglo American and De Beers. Gold mining constitutes 80% of Gauteng’s mineral production output. The Province is divided into three metropolitan municipalities, the City of Johannesburg, the City of Tshwane and Ekurhuleni Metropolitan Municipalities, as well as two district municipalities, which are further subdivided into seven local municipalities.

SERVICES

SEDA TECHNOLOGY PROGRAMME

On 1 April 2006, the dti created the Seda Technology Programme as a special ring-fenced programme of the dti, housed within the Small Enterprise Development Agency at the dti campus in Meintjies Street, Sunnyside.

Stp was created as part of government’s national strategy of consolidating and rationalizing small enterprises support interventions across the different government departments and government agencies, within the overall objective of improving the delivery of small business support services to entrepreneurs and small enterprises.

As part of this process, the dti decided to incorporate the activities of GODISA; the three dti incubators; the National Technology Transfer Centre (NTTC); the Technology Advisory Centre (TAC); the technology transfer activities of the Technology for Woman in Business Programme and the SMME support activities of the South African Quality Institute (SAQI) into a single Programme, called the Seda Technology Programme commonly known as Stp.

In response to the dti’s National Industrial Policy Framework and the focus areas of the previous 4 entities, Stp will:

  • Increase the accessibility to, and utility of, technologies and management support for small enterprises, through structured platforms such as technology business centres
  • Facilitate the acquisition and transfer of technology to small enterprises, particularly those operating in the second economy
  • Promote the use of quality and standards by small enterprises
  • Improve small enterprise performance and productivity
  • Improve the competitiveness of small enterprises
  • Promote entrepreneurial activity and success of identified target groups, in particular, women and youth
  • And more importantly reduce the failure rates of small enterprises.

These seven areas mentioned are identified as the main reasons why technology-based small enterprises fail during the first three years of their existence. The focus areas mentioned will be addressed by the three main divisions of Stp, each of which is uniquely designed and positioned to transfer technologies and provide additional business development and Quality support services to entrepreneurs and small enterprises in specific market sectors.

SEDA OFFERINGS

“Seda offers entrepreneurs a helping hand through business consulting, training and referrals to specialist service providers. Our business advisors help entrepreneurs identify what they need to succeed, whether it be skills, contacts or funding, and help them to access it.” Seda should be the starting point for all potential entrepreneurs, as well as existing entrepreneurs looking to grow their businesses. “Every entrepreneur who walks through Seda’s doors will be assisted in some way. Even when we cannot directly provide a service, entrepreneurs wil be referred to a suitable course or partner”, she adds.

OUR THREE CORE OBJECTIVES ARE:

To enhance the competitiveness and capabilities of small enterprises through coordinated services, programmes and projects; To ensure equitable access for small enterprises to business support services through partnerships and; To strengthen the organization to deliver on its mission.

DOCUMENTS

Sd 0011 Sp Registration And Assessment Form
16 Aug 17
Seda Free State Database Application Form 2014
16 Aug 17
Seda Women Owned Enteprise Developement Information Booklet
16 Aug 17
Seda Profile 6 June 2016
16 Aug 17

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