Business

Enterprise development – the role of SMEs

Enterprise development initiatives are securing funding, but these efforts need to have a tangible impact on socio-economic transformation. How should businesses respond?

03 August 2017

Last year, Seed Academy conducted research around the state of the local enterprise and supplier development (ESD) landscape. Titled The Real State of ESD, the report highlighted the fact that there are those that ‘get it’, and those that just don’t.

The latter fail to align their ESD initiatives with greater business objectives. In these cases, ESD strategies only achieve sustainable development on a very superficial level.

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