Definition of Focus Area
2. Access to Financing
SME development programmes in this category are geared to financial assistance or financing to SMEs. These include microfinance, loans and credits, grants, guarantee schemes, venture capital, working capital and equity financing.
3. Market Access
SME development programmes in this category are focused on ensuring sustainability with access to information, domestic and international promotion, branding initiatives, vendor development, certification and value chains.
4. Human Capital Development
SME development programmes under this category include training in cultivating entrepreneurship, entrepreneurship development, upgrading skills, workforce development and support start-ups business.
5. Innovation and Technology Adoption
SME development programmes in this category are focused on product development, productivity improvements, technology transfer, technical advice as well as research, development and commercialisation (R, D & C).
SME development programmes in this category are geared towards construction or upgrading of business premises and utilities, incubators and broadband.
7. Legal and Regulatory Environment
SME development programmes in this category are geared to compliance with applicable laws, policies and legislation.