Enterprise Development Programme

Enterprise development images stripThe NMBBC and ECDC’s Eastern Cape Enterprise Development Programme was launched in 2014, targeting MSMEs from Nelson Mandela Bay, Sarah Baartman District, and Buffalo City Municipality with the purpose of contributing towards the development of sustainable and competitive enterprises. This is done through various capacity-building initiatives such as training, mentorship, facilitation of access to markets, and preparing entrepreneurs to access finance. Between the period of 2014 – 2022, over 218 MSMEs benefited from taking part in the eight distinct phases of the programme.The purpose of the programme is to develop sustainable and competitive MSMEs through a creative enterprise development programme and facilitate the effective combination of skills development, coaching, and mentoring. The offerings of the enterprise development programme empowers MSMEs to run financially sustainable enterprises, unlocking socio-economic development through structured multi-level training, mentoring and linkage support.

The objectives of the programme include the following:

  • The creation of business-to-business platforms in order to facilitate access to markets.
  • To prepare entrepreneurs for access to finance.
  • To increase awareness of MSMEs on public and private procurement opportunities.
  • The utilisation of the Nelson Mandela Bay Business Chamber networking and business-to-business platforms to promote their businesses.
  • To provide a pipeline for funding and support by ECDC and other funding opportunities.