Home News Premier Saul to launch Enterprise Fund to assist businesses

Premier Saul to launch Enterprise Fund to assist businesses

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Premier Zamani Saul and MEC Venus Blennies will officially launch the Northern Cape Youth, Women and Persons with Disabilities Enterprise Fund at Flamingo View in Kimberley on Thursday.

The Premier of the Northern Cape, Dr Zamani Saul. Picture: Supplied

PREMIER Zamani Saul and the MEC for Youth, Women, Children, Persons with Disabilities, Communications and e-Government, Venus Blennies, will officially launch the Northern Cape Youth, Women and Persons with Disabilities Enterprise Fund (NCYWDF) at Flamingo View in Kimberley on Thursday.

The spokesperson for the Office of the Premier, Bronwyn Thomas-Abrahams, said the fund would assist enterprises with financial and non-financial support.

“It will also respond to the challenges confronting specifically youth, women and persons with disabilities entrepreneurs, such as the inability to purchase equipment, grow their businesses, employ additional employees, lack of income and general business operations including business start-ups,” said Thomas-Abrahams.

She added that, as part of the launch, the provincial government would host an empowerment indaba to accelerate socio-economic opportunities and empowerment for youth, women and persons with disabilities through funding opportunities.

“Through this initiative, government aims to provide financial support and capacitate entrepreneurs with the necessary skills to create jobs and foster lasting change.”

Thomas-Abrahams said that over 500 participants would attend the event including formal and informal entrepreneurs, developmental funding institutions, business advisers, SMME financial managers, stakeholders and corporate entities.

“Interested stakeholders seeking more information regarding the event, the funding initiative and the application process, can visit the Northern Cape provincial government’s social media platforms or by visiting the official website at www.northern-cape.gov.za,” she said.

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