SMD

Annual Report 2023/2024

7.

DONOR FUNDS

7.1. Donor Funds Received The “Employment promotion through SMMEs Support programme” known as “EDSE” or Ecosystem Development for Small Enterprises Programme is funded by the European Union through the Reconstruction Development Programme (RDP) Fund under the National Treasury. The overall objective of the programme is to support inclusive and sustainable economic growth and employment creation in South Africa.The specific objectives / outcomes of the programme are: 1. To improve the competitiveness of SMMEs and their ability to meet procurement requirements of large multinational/local corporations, government and state-owned enterprises.

2. To improve access to finance for SMMEs with limited or no access to finance.

3. To improve the regulatory and administrative environment for SMMEs.

A total of EUR 56.445.800 million has been allocated to the programme of which EUR 41.150 million is allocated to Budget Support (BS) and has been allocated to various projects aligned to the Key Result Areas (KRAs) of the programme and captured in a Business Plan for the entire implementation period of the programme and broken down in annual work plans.

The table below details the donor funds received during for the period 1 April 2023 to 31 March 2024

Donor Fund Cris number ZA/DCI-AFS/039-297: Employment promotion through SMMEs support programme for South Africa, also known as EDSE.

Name of donor

EUROPEAN UNION

Full amount of the funding

R697,969,083.36

Period of the commitment

24 July 2017 – 31 March 2025

Purpose of the funding

Support programme to support the promotion of employment through Small, Micro and Medium Enterprises (SMMEs) for South Africa 1. To improve the competitiveness of SMMEs and their ability to meet procurement requirements of large multinationals, local corporations, Government, and State-owned Enterprises (SOEs) 2. To improve access to finance for SMMEs with limited or no access to finance 3. To improve the regulatory and administrative environment of SMMEs. KRA 1: Competitiveness of SMMEs, and their ability to meet procurement requirements of large multinational/local corporations, Government and SOEs improved. % Cannabis Cluster being piloted in the Eastern Cape % Exchange of EU and SA clusters held in October 2023 % 9 x provincial workshops on cluster development, national conference participation in November 2022 and connection to cluster network and partnerships % Seven 4IR Incubator hubs supported via Seda with funding for overheads, equipment, specialised training to enable hubs to support SMMEs in technology or 4IR space % Market Access for Digital Entrepreneurs “MADE” – 10 workshops and 5 training videos % Township economy/informal economy knowledge products developed from five metro townships with City Support Programme. Policy dialogue on Informal economy held in 2022 to reflect on NIBUS % Enterprise and Supplier Development (ESD) Community of Practice (CoP) launched with government and private sector. The ESD webinars held and foundational ESD practitioner eLearning course developed

Expected outputs

68

Department of Small Business Development • PERFORMANCE INFORMATION • Part B