(1)(a) Performance indicators utilised to monitor performance are:
i) Number of incubatees.
ii) Number of new small businesses/co-operatives established.
iii) Number of businesses linked to markets.
iv) Number of jobs created.
v) Percentage of Women-owned enterprises supported.
vi) Percentage of Youth-owned enterprises supported.
vii) Percentage of Enterprises supported in rural areas.
viii) Percentage of Enterprises supported in township areas.
(1)(b)(i) The actual performance of the incubators in the 2016-17 financial year is attached as Annexure A.
(1)(b)(ii) The actual performance of the incubators in the 2017-18 financial year has not been recorded as the incubators that were approved during the 2017-18 financial year are yet to submit their annual performance reports.
(2) Payments were suspended to the following three incubators due to non-performance:
Limpopo Wildlife Business Incubator
Slow implementation progress – The final payment of R1 600 000.00 was withheld due to slow implementation progress since quarter 2. The incubator indicated that the funds were committed but no expenditure has been reported.
Nunnovation Africa Foundation Incubator
Sibanye Gold pulled out as the market for the incubatees. The Enterprise Incubation Programme (EIP) programme is centred on the securement of a market/s by the applicant (Incubator) and transferring of skills to small businesses and cooperatives (incubatees), with an effort of attaining the expectant quality standards and specifications of firms. The final tranche payment amounting to R1 600 000 was withheld.
Nwanedi New Generation Co-operative
The balance of R1 600 000.00 was withheld due to slow implementation progress.
(3)(a)&(b) The Department made on-site inspections of the incubators as depicted in Annexure B for the 2016/17 approvals and Annexure C for the 2017/18 approvals.