The City’s Business Hub help desk, an assistance platform which offers free training, has proven to be an invaluable asset to small businesses in Cape Town.
James Vos, Mayco member for economic growth, joined the City’s Business Hub team in Lotus River on Thursday 28 April to advise and guide businesses in the area.
“I was encouraged to see entrepreneurs taking the opportunity to learn insights that would help their enterprises grow,” he said.
In the past financial year, the hub has responded to more than 1 750 enquiries with 1 051 that have come in since the beginning of 2022.
“The help desk team answers questions about red tape, tendering and where to find financial assistance. At the same time, 973 entrepreneurs have participated in the skills development programmes offered,” said Vos.
According to the latest Global Financial Centres Index, the Mother City has outpaced several cities across the continent and is homing in on the crown for Africa’s top financial centre.
“The City is determined to continue providing these necessary resources for Cape Town’s small businesses to thrive. As such, a significant portion of the City’s budget for economic growth is specified for the Business Hub as well as enterprise development programmes with partners such as Productivity SA and the South African Renewable Energy Incubator,” said Vos.
“We remain committed to continuously finding ways to make life easier for businesses, giving them the freedom to innovate, develop, and employ more people.”
For more information on the Business Hub and to sign up for one of the development programmes, visit https://www.investcapetown.com/news-events/business-events/.