What are the Four functions of Funding agencies for entrepreneurship and doing businesses in South Africa
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The funding agencies for business procedure and entrepreneurship in South Africa follow below mentioned Four functions:
- Department of Trade and Industry - DTI
- National Empowerment Fund - NEF
- National Youth Development Agency – NYDA
- Industrial Development Corporation - IDC
With the help of these four functions, the wealth management becomes easy and efficient for everyone.
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Explanation:
The name of the four funding agencies in South Africa which is promoting trade and business are as follows:
South Africa are Department of Trade and Industry (DTI)- Its promotes trade and business.
National Empowerment Fund (NEF)- It supports disabled people for trade and business
National Youth Development Agency (NYDA)- This unit provides fund to young entrepreneurs
Industrial Development Corporation (IDC). It promotes economic growth in South Africa.
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