SMD

Annual Report 2023/2024

Name of donor

EUROPEAN UNION

Actual outputs achieved

KRA 1: Competitiveness of SMMEs, and their ability to meet procurement requirements of large multinational/local corporations, Government and SOEs improved. % Four case studies captured; private sector partnerships being concluded % Support to Lepharo, Chemin and National construction incubators via Seda to support localisation training courses for SMMEs % Support for SheTradesZA platform launch, training, local and international exchanges of SMMEs registered on the platform via Seda % Expert support to develop DSBD Gender, Youth and Persons with Disabilities Strategy (GEYODI Strategy) % Supporting District Ecosystem Facilitation (DEF) set-up and implementation by Seda % Policy dialogues and stakeholder engagements supported % Department of Agriculture. Land Reform & Rural Development (DALRRD) – Livestock Information Tracking System (LITS) % DALRRD – Customised Laboratory Information Management System (C-LIMS) % DALRRD - Value-chain mapping % DALRRD – Upskilling and enterprise development of agro-preneurs and building capacity of SMME agribusiness with South African Bureau of Standards (SABS) of agropreneurs KRA 2: Access to finance for SMMEs with limited or no access to finance improved. % Enterprise Supplier Development Fund (ESD Fund), Disbursements done to financial intermediaries and their SMMEs. % Innovation Fund, guarantees in place % Youth Challenge Fund approvals and disbursements done to youth-owned businesses KRA 3: Capacity of relevant Government departments/agencies in enhancing regulatory and administrative environment for SMMEs strengthened. % Longitudinal study and red-tape reduction support % Policy and legislation support. % Innovation bridge ICT platform. % Webinars, policy dialogues, round tables, stakeholder consultations; and partnerships. % Delays in procurement processes and/or procurement processes needing to be repeated or not successful % ICT projects linked to entity merger process % Communication and visibility plans impacted by cost containment measures and had to be re-planned Monitoring mechanism with log frame and intervention logic aligned to key deliverables, agreed indicators in place Programme monitoring and reporting tools for budget support % Weekly dashboards reports % Monthly financial reports % Quarterly reports against annual workplans % Agreed procedural report apart from normal audit reports by all implementing partners. For complementary technical assistance % Six-monthly reports. Evaluations % Mid Term Review (External service provided contracted by EU) - Completed February 2022 % Final Programme Evaluation (External service provided contracted by EU) planned for after March 2025 % Project Specific Evaluations (Captured in the Annual Workplans) R75,412,558.75 R 29 041 719,34

Amount received (R’000)

Amount spent by the department (R’000)

Reasons for the funds unspent

Monitoring mechanism by the donor

Part B • PERFORMANCE INFORMATION • Department of Small Business Development

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