The Tshwane Economic Development Agency co-hosted the SMME Go Digital Expo with stakeholders to allow small business owners to learn from industry leaders and discover new avenues for growth.
The event facilitated meaningful connections and fostered the spirit of collaboration that will undoubtedly lead these companies into a digital future.
In an exclusive conversation with Tshwane Bulletin, TEDA’s Export Development and Promotion Specialist, Tebogo Mphephu, revealed funding opportunities and the agency’s objective for emerging businesses.
“The Tshwane Economic Development Agency is a state-owned entity mandated by the City of Tshwane Municipality to accelerate the City’s economy. In essence, we drive investment into the City of Tshwane.”
“We also assist companies by exposing them to the international markets and that would then be called exporting'” Mphephu went on to say.
In response to the question of how TEDA supports SMMEs in their diverse activities, Mphephu said, “We use multiple platforms. I am going to focus the discussion on export issues since we were asked to do that by the municipality.”
“With exports, we use a two-pronged approach. We have export development and we also have export promotions. Now with export development, We try to assist companies with exporting needs by inviting relevant companies to participate in various activities to help accelerate their enterprises.
“Export promotions, we must first identify potential markets and also must engage a facilitator or business coach who will introduce our clients to pertinent market needs and assist them in understanding the requirements,” added Mphephu.
She further said that they are aware that many companies struggle with finances and getting the correct compliance in place.
“Through collaboration with various stakeholders in these fields, we invite the companies to have a dialogue on those pertinent issues that would accelerate the companies or production.”
“TEDA is entirely financed by City of Tshwane. We finance companies to carry out these tasks using a 50-50 percent basis”, She added.
“When a company wants to grow within the City of Tshwane but only has a modest production facility, they come to TEDA, and we help them find potential locations from which they may operate.
Mphephu said her excitement is sparked by seeing young people participating in these types of business workshops since they will be taught about TEDA and other useful resources . For more information regarding Tshwane Economic Development Agency click here : Economic Growth and Development