EDPs are designed to support and grow small, medium, and micro-enterprises owned by individuals from previously disadvantaged groups and provide support by way of financial assistance, mentorship, training and other resources.
SDPs aim to integrate local small businesses into the supply chains of larger corporates.
For more financial stories, go to the News24 Business front page.
There are many important things a small and medium enterprises (SMEs) need in order to succeed beyond raising enough working capital to turn an idea into a fully fledged business, or accessing finance to fund a business' next stage of growth.
These include factors like skills development, employee training and mentorship.
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