The findings of the Competition Commission report are taken up in a number of ways. They include the following:
1. Market Inquiries/investigations in terms of the Competition Act.
2. Considerations applied during the assessment of merger applications.
3. Support for SMMEs through financing packages.
4. Measures to strengthen the competitiveness of smaller firms.
5. Promotion of supplier development funds and partnerships.
6. Measures in masterplans.
the dtic and its entities, the Industrial Development Corporation (IDC) and National Empowerment Fund (NEF) offer a range of funding instruments for the support of SMMES as grants and loans.
the dtic provides support to emerging exporters, to show-case their products at international exhibitions, funding to develop emerging black film makers through the Film and TV incentive as well as emerging black aquaculture farmers.
Other cost-sharing grant funding is available to SMMEs operating in the research and development field . The funding for these incentives is structured to encourage collaboration between industry and academia that will result in the development of pioneering prototypes ready for commercialisation.
A recent report to the Portfolio Committee highlighted the work of the dtic-group on township economies.
Additional resources are mobilised through supplier funds, such as:
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