Department of Small Business Development
The Ministry of Small Business Development was established in 2014 marking a turning point in the history of SMME’s and Co-operatives development in South Africa, demonstrating the Government’s commitment to place SMME’s and Co-operatives at the centre of economic growth and job creation.
The Department of Small Business Development (DSBD) was thereafter established as a standalone national department in accordance with the reorganisation of some national departments announced by the President in May 2014, following the national elections.
Mandate
To lead and coordinate an integrated approach to the promotion and development of entrepreneurship, small businesses and co-operatives, and ensure an enabling legislative and policy environment to support their growth and sustainability.
Mission
The coordination, integration and mobilisation of efforts and resources towards the creation of an enabling environment for the growth and sustainability of small businesses and co-operatives.
Vision
A radically transformed economy through integrated and effective enterprise development and entrepreneurship promotion.