Thursday, October 11, 2007

The South African SME Toolkit

Global computer giant IBM, local company Business Partners, the International Finance Corporation (IFC) and the Department of Trade and Industry have come together to offer South African entrepreneurs and small enterprises a free web-based toolkit to help them start, finance and grow their businesses.

The South Africa Business Toolkit, launched on Tuesday, contains "the latest information and communication technologies to help small and medium enterprises (SMEs) in emerging markets learn and implement sustainable business management practices", IBM said in a statement.

The aim, IBM said, was to increase the reach of South African small business into the global economy by improving the productivity, efficiency and capacity of the estimated 600 000 active small businesses in South Africa, as well as by improving their access to capital and new markets.

The South Africa toolkit was developed by IBM and the IFC, a member of the World Bank Group. It is available both as online and offline modules which include the website, offline CDs, mobile alerts and classroom training.

Source: http://www.southafrica.info/doing_business/trends/newbusiness/smetoolkit.htm

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