1. The aim of the National Presidential SMME and Co-operatives is to cultivate an enabling environment for the development, and nurturing of innovative ideas and best practices across the whole spectrum of small business development in the country. The awards recognise and celebrate outstanding SMMEs, SMME financiers, entrepreneur support organisations and success stories from Enterprise Supplier Development programmes.
The Department does not only recognise excellence but most importantly, the platform serves as a catalyst for business development and growth in that businesses are assessed to determine their development needs. The DSBD further seeks partnerships with other ecosystem players to provide mentorship, incubation support, training support and any relevant interventions aimed at assisting businesses to scale.
a) The department establishes incubators across all sectors of the economy to nurture and develop ideas from entrepreneurs and further provide business development support and financial support through its agencies.