Speaking at the event, which took place last week, the Minister said that the launch of the Soshanguve Manufacturing Technology Demonstration Centre represents a “milestone” in the South African Government's ongoing efforts to support sustainable small businesses.
The SMTDC strives to decrease failure rates in new businesses by providing access to a comprehensive range of services and increasing the awareness of entrepreneurial opportunities in South Africa.
“In combining the efforts of national and local government with the expertise of an institution of higher learning in the area of manufacturing technology, we are beginning to address the challenge of working smarter and more cohesively to support SMME development.
“In the past our efforts have often been too disparate and too haphazard. Now we are beginning to cluster initiatives in a way that results in greater coordination for better efficiency and efficacy. It is particularly important that we are now beginning to coordinate small business support in the area of manufacturing,” Dr Davies said.
The more small businesses become beneficially integrated into the manufacturing value-chains, explained the Minister, the greater the chance of growing the number of sustainable small businesses and growing the number of decent jobs.
Edited by Ellie Duncan