SMEs are invited to register on the Coega database to access economic opportunities

The Coega Development Corporation (CDC) encouraged small, medium and micro-enterprises (SMME) to register on its database to access economic opportunities and benefit from its skills development programme.

“The SMME program targets SMEs that are at least 51% black-owned, with a Construction Industry Development Board (CIDB) ranking of 1 to 7,” the CDC said Wednesday.

CDC’s SME Development Program, led by the SME Development Unit, also includes training and mentoring SMEs on bidding for construction contracts, basic business concepts, application of health and safety standards and business financing.

The CDC affirmed that access to economic opportunities remains one of the key aspects of SME development. Its objective is to facilitate, promote and stimulate the inclusion of SMEs in procurement opportunities.

“The CDC recognizes that a thriving SMME sector is critical to achieving the country’s economic development goals. Our goal is to create an enabling environment for SME development and participation to ensure sustainability and empowerment through the CDC SMME database,” said the CDC SMME program manager. , Unathi Maholwana, said.

Owner of Masbandi (Pty) Ltd, Ndileka Mfunda, who has been registered on the CDC SMME database since 2016, has grown her business over the years as a beneficiary of the scheme.

“I first entered the steel fabrication and erection industry at a time when businesses were encouraged to transform and embrace black partnership through skills development and participation in development. economy of our country.

“Soon after, I was nagged by a mentor and friend to register on the CDC SMME database, and I was obliged. The CDC SMME department was very motivating and encouraging in ensuring that we are always updating our information for compliance purposes,” Mfunda said.

Masbandi (Pty) Ltd is one of the SMEs that worked on the construction of the Special Economic Zones (SEZs) of Coega APLI Coega Fruit Terminal and Cold Storage. SMME is located at Deal Party in the town of Gqeberha.

She said that despite the CDC’s intensive compliance requirements, the delivery of the project has attracted new opportunities to gain further work as well as industry recognition.

“The continued support of the SMME unit is appreciated. As an appointed SMME, you are exposed to other businesses, and constant monitoring ensures that real development is implemented,” Mfunda said.

Ilinge Lethu Bafazi Director Phumeza Kate explained the benefits of being part of the program.

“My experience with the CDC SMME unit has been good. They listen and respect the advice of small entrepreneurs, and they address the challenges we face. The unit is there for us in a professional way,” Kate said.

The company implemented paving at the Weidplas site and previously worked on the Coega SEZ multi-user installation.

CDC policy is to ensure 33% SME participation in all projects; this cuts across the different sectors where the CDC is present.

CDC’s vision of championing socio-economic development through skills and SME development remains central to its position, as the preferred investment destination and infrastructure implementer of choice.

CDC SMME Database Registration Process

Application forms are available at (coega.co.za > Coega Services > SMME). They must be completed in full and returned to the SMME Development Unit with all required supporting documents, as stipulated on the application form. All supporting documents must be valid and active at the time of submission. Once verified, the company will be registered on the database and the applicant will receive an SMS with the reference number of the registered company.

For information and advice, SMEs can contact CDC’s SMME Development Unit via smmedevelopment@coega.co.za or 041 403 0610.

(With contributions from the South African government press release)