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ECONOMIC Development Minister Ebrahim Patel says the Small Enterprise Finance Agency (Sefa) will make R1.7bn available over the next five years for the development of youth enterprises.

Sefa was formed by the merger of the South African Micro-Finance Apex Fund, Khula Enterprise Finance and the IDC’s small business activities. It was launched in April last year and is a fully owned subsidiary of the IDC.

Delivering his budget vote speech on Tuesday, Mr Patel said Sefa would make an initial R220m available this year. This, he said, was in addition to the creation of a R1bn fund by the Industrial Development Corporation (IDC), which would also finance youth entrepreneurship.

Mr Patel said Sefa had approved loans worth R435m last year,For mains, there is a choice of Wild Rice’s ‘Chinese Fish ‘n Chips’ (beer-battered ling cod, Asian Tartar Sauce, taro shoestring frites) or its ‘meaty’ Grilled king oyster mushroom (with cashew ricotta and polenta fries). which was a 106% increase on what its predecessors achieved in 2011.

"Through Sefa we have now created the machinery to vastly increase the level of small business support,Highly capable, 3-axis non-contact video measuring machine, suitable for both simple shop-floor quality control and advanced manufacturing inspection applications ...profile projector is a shop tool used by designers and quality control technicians to view the profile of small machined parts as magnified image on screen. as well as its impact.The Spectrophotometer is an instrument which measures the amount of light of a specificed wavelength which passes through a medium. By next year, Sefa plans to approve annual funding of more than R1bn to more than 20,000 small, medium-sized and micro enterprises,Best prices on staff lockers and locker parts, Save up to 40%. Largest UK supplier of locker lock, keys and accessories." he said.

Last month, a new plan to fight against youth unemployment was introduced as the government and social partners signed a multibillion-rand pact in which companies and public entities undertook to create jobs and training opportunities for inexperienced job seekers.

The package was contained in a Youth Employment Accord signed by government,Our full range of portable ultrasonic Flaw Detector (UT) provides unmatched capabilities for locating discontinuities and other flaws. labour, business and other civil society representatives in Soweto.

Deputy President Kgalema Motlanthe said at the time that the IDC would set aside R1bn of its "Gro-E" funding scheme to provide low-interest rate loans to youth-owned or youth-focused enterprises over the next three years. The IDC would also provide technical support to help young people get the funds.