Cape Town draft Business Support Policy

"The current Business Support Policy adopted by council in 2003 no longer aligns to the City’s Integrated Development Plan, Economic Growth Strategy, etc. The draft policy will serve to guide the City’s support for SMMEs and local business growth.

 The purpose of the draft Business Support Policy is to:

1) achieve alignment with the City’s Integrated Development Plan, Economic Growth Strategy and various City strategic frameworks.

2) provide a coherent business support package to guide and support decision making when requests for support are received from the SMME sector.

3) provide clear procedures for businesses who transact with the City, including business incubator operators and communities who wish to lease City owned properties.

The draft Business Support Policy sets out principles, procedures and guidelines that will enable City departments to implement processes, systems and policies that support efforts aimed at attracting and developing high-growth and opportunity-driven businesses, and ensures that necessity-driven entrepreneurs are appropriately supported and nurtured."