City opens business hub

James Vos, the mayoral committee member for economic opportunities and asset management, speaks at the Business Hub launch.

The City of Cape Town’s Enterprise and Investment Department launched The Business Hub in Strand Street Concourse last week.

The hub will offer services such as guidance and information on how to start a business, providing contact details of business development services, and face-to-face consultations by appointment.

James Vos, the City’s mayoral committee member for economic opportunities and asset management, said the Business Hub would simplify the process of starting a business by providing all services under one roof.

“It’s about the ease of doing business. So we create the spaces for start-ups, entrepreneurs, SMMEs to come and find solutions to the issues that you are facing and also to find a way for you to network with other companies and with other business partners in our city.”

By delivering government services to the people with a customer-centric interface, Mr Vos said, the Business Hub creates a way for the City to cater to small, medium and micro enterprise businesses (SMMEs) and support their development to grow the city.

Mr Vos said small businesses in clothing and textiles, technology, boat building and business process outsourcing were key growth sectors in the economy.

“It is important for us as a city to recognise the important value of small businesses in our city’s economy. It is often said that small businesses are the engines that fuel economic growth.”

Mr Vos said The Business Hub would also use the Strand Street Concourse for training and networking events for entrepreneurs.