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The IFC, IBM and South Africa’s department of trade and industry are working together to set up a free website and toolkit to provide online help for South Africa’s SME sector.

 

Via a web portal, businesses can access advice and learning programmes on how to implement successful management plans. The aim is to encourage and support around 600,000 local small businesses expand their scope into the global economy. The information can also be accessed via mobile alerts and on CDs.

Features include an online calculator to help SMEs assess their financial stability and capacity for expansion. It also includes the software needed to build a website, forms for employee performance evaluations and community tools such as online conferencing, group calendars and blog capability.