SMEs supported by NYDA
Description |
2015/2016 |
2016/2017 |
2017/2018 |
2018/2019 |
TOTAL |
No of SME’s funded |
673 |
698 |
801 |
1103 |
3275 |
Amount of funding |
R29 974 000 |
R30 486 000 |
R34 611 000 |
R58 686 000 |
R153 757 000 |
Number of jobs created and sustained |
500 |
1728 |
2373 |
2929 |
7530 |
The NYDA conducts repaid assessments every two years and has done two on its entrepreneurship programs. In rapid assessment 1, 72% of businesses were sustainable post two years after funding. In rapid assessment 2, 100% of businesses were sustainable post two years after funding.