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In the spirit of celebrating the 15th annual Global Entrepreneurship Week 2022, which was launched by the Global Entrepreneurship Network president, Jonathan Ortmans at the Inaugural National Presidential SMME and Co-Operatives Awards hosted by the Department of Small Business Development on 13 November 2022, five budding small enterprises walked away with prizes worth over R2million. These prizes are a culmination of 14 provincial boot camps for Seda's "Pitch for Funding" programme that has been running since June 2022 throughout the lengths and breadths of South Africa and attracted over 1000 small enterprises who pitched their business ideas. The provincial bootcamps resulted in 34 finalists competing in the finals held in Gauteng from which nine prevailed to head to the bigger stage, the Inaugural National SMME and Co-Operatives Summit held from 14 to 16 November 2022.

sefa and the AIDC announced a combined initiative that aims to support South Africa’s automotive and manufacturing industries by improving access to opportunities for SMMEs and boosting supply-chain and enterprise development.

The sefa Amavulandlela Funding Scheme is set to usher businesses of entrepreneurs with disabilities into the mainstream economy.

Since the beginning of August, the Small Enterprise Finance Agency (sefa) has been working to assist small businesses affected by the devastating recent looting and unrest in KwaZulu-Natal and Gauteng.

The Small Enterprise Finance Agency (sefa) believes that assisting young entrepreneurs is vital for South Africa’s economy, and will boost efforts to achieve the country’s National Development Plan 2030 goals.

Freedom Day in South Africa celebrates the country’s first democratic election in 1994 after the demise of the apartheid regime. This year, though, for many small-business owners there will be no celebrations.

The Department of Small Business Development and The Small Enterprise Finance Agency (sefa) refute allegations made by DA spokesperson on Small Business Development, Jan de Villiers.