SMME Development Strategy
In alignment with our company’s vision, mission, and overarching goals, VivaCon actively creates a nurturing environment for small enterprises, particularly subcontractors. Our strategy aims to address common issues faced by small businesses, such as market access, information, regulatory compliance, and capacity-building challenges, in collaboration with existing stakeholders.
VivaCon recognizes the critical importance of supporting and promoting the growth of the small, medium, and micro-enterprise sector. We remain committed to facilitating an enabling social and economic environment where small businesses can thrive. Our integrated SMME Support Strategy seeks to create an entrepreneurial environment that addresses social and economic challenges faced by local enterprises and fosters their success.
Our integrated SMME Development Strategy includes the following key components:
Facilitating Access to Research and Information
- Dissemination of information on support measures provided by various centers and programs, including support agencies at all levels and types.
- Availability of technical information on starting and running a business for entrepreneurs.
Facilitating Access to Markets
- Providing organizational support to Tender Advice Centers and business linkage institutions to enhance effective SMME support in accessing markets.
Facilitating Access to Training
- Encouraging practical, sector-focused courses, internships, and mentorship programs.
- Raising awareness of available training programs, including promoting entrepreneurship training at schools. Funding training initiatives and programs.
Reviewing the Legal and Regulatory Environment
- Coordinating regulatory reform efforts to ensure that regulatory frameworks favor SMMEs.