About Us

INTRODUCTION

OVERVIEW OF SMME HUB

The SMME HUB PROGRAM is an Economic Empowerment Program with an emphasis on providing a safe, comfortable and affordable space for Small, Medium, and Micro Businesses (SMMEs). This program is aimed at fostering job creation, skills development, SMME and economic development and more importantly, supporting township economic development within the South African construction industry.

This program will be delivered in all five Regions of the Province, namely Sedibeng, Johannesburg, West Rand, Ekurhuleni, and Tshwane, with a key focus in HIGH IMPACT JOB CREATION INITIATIVES in PRIORITY SECTORS.

PROBLEM STATEMENT

CHALLENGES

Small, Medium and Micro Enterprises (SMMEs) are pivotal players in economies worldwide, especially in developing and emerging economies, where they contribute significantly to job creation, poverty alleviation, and innovation. Despite their limited capital and financial resources, SMMEs play a vital role in new product development and technological innovation, driving industrial renewal and economic growth.

Challenges Faced by Small Business Corporations in South Africa

  • Limited Market Access
  • Access to Finance
  • Access to Facilities (Focused)
  • Difficulty in Complying with Regulations
  • Skills Shortages and Access to Talent
  • Infrastructure and Technology Constraints
SOLUTION

THE AIM OF THE HUB

  • Create job opportunities.
  • Uplift the township businesses.
  • Increase the relative contribution of manufacturing to GDP.
  • Grow manufacturing employment targets.
  • Empower small businesses to grow bigger.
  • Increase labour productivity and
  • Drive import replacement through locally manufactured goods to increase exports of goods.