City’s Business in Distress partnership with Productivity SA bearing fruit

13 Dec 2020 in Where We Govern

The Business in Distress Programme, run together with Productivity SA and through the City’s Enterprise and Investment (E&I) Department, is now fully up and running and already helping businesses do better.

Times are tough, especially for small businesses. The City of Cape Town is fully committed to creating the right conditions for our business eco-system to thrive.

That is why the City of Cape Town provides key support to SMMEs. Support offered through the E&I Department includes enhancing business retention and expansion efforts, enterprise development through the ease of doing business program, workforce development and training for high growth sectors, investment facilitation and promotion, and industry support provided in partnership by our Strategic Business Partners (SBPs)

Run through the Business Hub within the E&I Department and in partnership with Productivity SA, the Business Support Programme provides assistance to small businesses (15 to 50 employees) in distress by proactively addressing the challenges businesses are facing and to prevent possible liquidation, closure or job losses.

Alderman James Vos, Mayoral Committee Member for Economic Opportunities and Asset Management visited companies in the electronic, food and beverages and clothing and textile manufacturing sectors last week. In each business, Productivity SA has assisted them to become more competitive and productive by reviewing and improving their internal operations. Not only does Productivity SA help businesses in trouble, but they also help viable businesses become better.

He encourage businesses in distress to contact the Business Hub on 021 417 4043 or email the Business Hub on business.support@capetown.gov.za, or visit the website at https://www.investcapetown.com/how-can-we-help/business-hub/.