Since the inception of the North West Covid-19 SMME Relief Fund, 3 876 successful applicants have received pay-outs.
“The Department of Economic Development, Environment, Conservation and Tourism (DEDECT) established the fund in June 2020 to bring about relief to both formal and informal businesses from the North West Province that were adversely affected by the Covid-19 pandemic.” – MEC Kenetswe Mosenogi
Applications for the North West Covid-19 Relief Fund opened in June 2020 and since its inception, the North West Development Corporation as the implementing agency has been labouring relentlessly to capture, process, evaluate and pay-out successful applications.
As at the closing date for applications, a total of 6 362 applications have been received and processed. As a result, 2 978 applicants from the informal sector and 898 applicants from the formal sector have received their relief fund pay-outs.
North West Covid-19 Relief Fund pay-outs amount to a total of R19 223 000 relief funding paid out to date.
Issued by North West Finance, Economy and Enterprise Development