NEWSFLASH                                                                                                         30 May 2001

DID YOU KNOW…..

Did you know…..that 60 000 small and micro businesses are operating in Cape Town, and that they contribute 50 per cent of the total economic output of the city?

Did you know….that between 1999 and 2000 net registrations of new businesses in Cape Town (registrations minus liquidations) increased by 33 per cent, and that a large majority were small and micro enterprises?

Many people are scared to go at it alone in business, yet there is a large network of support from the City of Cape Town, NGOs and the private sector that can help in several ways.

To highlight the range of support services available to entrepreneurs - from practical training courses to ways of securing venture capital - and to give exposure to the importance of small business, the City of Cape Town will be hosting Small Business Week from 17 to 20 July 2001.

Find out more about small business and what it means to job creation and economic growth by coming to a media briefing on Small Business Week.

DATE: Friday 01 June 2001

TIME: 09h30

PLACE: 6th Floor
              Tower Block
              Cape Town Civic Centre

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