Question NW823 to the Minister of Small Business Development

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08 June 2016 - NW823

Profile picture: Chance, Mr R

Chance, Mr R to ask the Minister of Small Business Development

(1)(a) What (i) was the cost of staging the SA Business Incubation Conference which took place in Midrand from 10 to 11 March 2016 and (ii) proportion of the specified cost did (aa) her department and/or (bb) each agency reporting to her cover and (b) what amount were the conference organisers paid to organise the specified conference; (2) whether any sponsorships were raised for the specified conference; if not, why not; if so, (a) what are the names of the sponsors and (b) what amount did each specified sponsor pay in sponsorship for the specified conference? NW942E

Reply:

Cost of South African Business Incubation Conference

  1. (a) and (i) The total costs for staging the SA Business Incubation Conference was R 4 383 375 (ii) (aa) The department did not cover any costs for the conference (bb) seda contributed a total amount of R 3 479 379 to the conference ,the other agency sefa, reporting to the department did not cover any costs for the conference. (b) The conference organisers were paid R 259 850 to organise the said conference;

     2. Yes, sponsorship was raised, (a) the names of the sponsors are listed in the table below; (b) the amount paid by each sponsor is specified in the table below;

Sponsor Name

Contribution

Vodacom

R 400 000

Exhibition stands sold

R 482 000

New Generation Mindset

R 22 000

Total

R 904 000

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