Hub to boost SMMEs

2019-08-13 06:00
Mayco member for economic opportunities and asset management James Vos and mayor Dan Plato.

Mayco member for economic opportunities and asset management James Vos and mayor Dan Plato.

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The City of Cape Town has officially opened a business hub at Strand Street Concourse, which was launched on Thursday 8 August.

According to a statement, the hub which will be run by the Enterprise Development Unit is a one-stop-shop for business support services.

It is designed to help reduce the administrative barriers accessible to small, medium and micro-enterprises (SMMEs).

Mayor Dan Plato says: “Through this centre, we want to contribute towards a business-friendly environment where we will reduce barriers and other red tape measures.”

James Vos, Mayco member for economic opportunities and asset management, says the hub is a platform for designing solutions that will make small businesses more competitive and resilient.

Vos says the City is committed to growing the economy and has been working with SMMEs and partner organisations for many years to ensure that this important part of the economy thrives.

“SMMEs are the lifeblood of cities and the engines that fuel economic growth,” he says.

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