The application process for the Western Cape Department of Economic Development and Tourism’s R16 million (€846m) SMME Booster Fund is now open.

Western Cape Minister of Finance and Economic Opportunities, Mireille Wenger, said: “I encourage organisations which implement business development support projects or programmes in the categories of Business Development Support and Access to Markets to apply for project funding via the SMME Booster Fund 2022.”

Since the first iteration of the SMME Booster fund in 2019, the Fund has allocated R59 million (€3.1m) in funding and supported 730 SMMEs in the Western Cape.

“One of my priorities is to make it easier for the private sector, especially small businesses, to do business in the Western Cape, and create jobs. Targeted programmes like the SMME Booster Fund is one of the ways we are helping small businesses and entrepreneurs to get started and to thrive,” said Wagner.

All information on the application process can be found here.