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Development finance and SMME support, KWAZULU-NATAL BUSINESS

KWAZULU-NATAL BUSINESS Page 110 & 111

Procurement policies of government support small business.

In KwaZutu-Natat the smatt business environment includes cooperatives, which are the focus of speciat government support programmes. The premier ptedged in 2011 that the provinciat government woutd reform its procurement procedures, paying attention to the payment schedute to support entrepreneurs who need good cash flow. The provinciat government is paying for 70 students to study co-operatives management at the University of Zututand. At national. Levet, the Launch in 2011 of the Enterprise DeveLopment Fund (EDF) by the Nationat Empowerment Fund was a positive step in providing more funding for start-up businesses.


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