Development Finance and Business Support

Mission

 

The mission of the Development Finance and Business Support (DF&BS) to be “the” lead catalytic agent in Development Finance whilst creating sustainable SMMEs through Business Support. DF & BS unit is to assist SMME’s to attain a level of self-sustainability and have a realistic prospect in accessing funding opportunities from the financial sector based on the identified interventions which would be made available during the operational life-cycle from infancy and/or early stage. This is achieved through:

 

  • Provision of innovative enterprise development financial services

  • Leveraging of resources, strategic alliances, investment and partnerships and SMME development to boost an inclusive provincial economy

 

This strategy approach requires:
 

  • Securing the required capital/ funding;

  • Establishing integrated partnerships with stakeholders to ensure maximum leverage of resources and development outcomes: and

  • Ensuring future sustainability for the Corporation.

Our Critical Functions are:​

Development finance debt instrument (loans/on-lending) offers possibilities to access funding which can provide a wide array of financing mechanisms.

Offering support through mentorship, marketing, market access as well as business and financial management. There are variety of training programmes offered for SMMEs. 

These are government incentive programmes administered by the ECDC. These are inclusive Job Stimulus Fund and Imvaba Co-operative Fund. 

IMVABA FUND

Promotes the viability of the cooperative enterprise in the province.

JOBS FUND

Job Stimulus Fund assists distressed
companies with employees who are in the risk of losing their jobs.

FAQ

Our goal is to enhance cash flow to allow for efficient contract delivery, resulting in financial stability.