Strengthening competitiveness and the promotion of small and medium sized enterprises and cooperatives is a cornerstone for the growth of the economy and the creation of decent work opportunities. In addition, the MTSF recognises that science and technical innovation and development are important sources for industrial competitiveness and sustaining growth.
The purpose of this sub-programme is to develop a policy framework for the increasing productivity, enhancing innovation and entrepreneurship. In this regard it will be necessary to work with the dti, Higher Education, Department of Labour, Science & Technology, the Setas and Further Education and Training institutions (FETs). Meetings and consultations will be held with Productivity SA and social partners. It will also promote workplace productivity agreements and foster entrepreneurial endeavours in the economy, especially black entrepreneurs who often are confined within marginalised sectors of the economy and need to be brought into the economic mainstream in larger numbers.