- Title
- The effectiveness of South African development finance institutions in providing financial and non-financial support to small businesses: the case of Gauteng Enterprise Propeller
- Creator
- Blose, Zingisa
- Subject
- Business enterprises -- South Africa -- Gauteng
- Subject
- Small business -- South Africa -- Management
- Subject
- Economic development -- Finance
- Subject
- Success in business -- South Africa -- Gauteng
- Date Issued
- 2023-12
- Date
- 2023-12
- Type
- Master's theses
- Type
- text
- Identifier
- http://hdl.handle.net/10948/65556
- Identifier
- vital:74187
- Description
- Many small business owners struggle to keep their businesses operational due to a lack of financial support. It is unclear whether South African development finance institutions (DFIs) are effective in providing such support to small businesses. The primary objective of this study is to investigate how effective South African DFIs are in fostering sustainable growth in small business enterprises through their financial and non-financial support services. The Gauteng Enterprise Propeller (GEP) is used as a case study. This study is located in the positivistic research tradition and therefore followed a quantitative research approach. Closed-ended questionnaires were distributed to 150 small businesses who were funded by the GEP. Self-constructed instruments were used to measure the independent variables and the dependent variable of the study. Multiple regression analysis was conducted to investigate the hypothesised relationships. Empirical results were that the participants largely disagreed (average mean score of less than two on a five-point scale) that the GEP frequently provides financial and non-financial support to small businesses. The results also demonstrate that the GEP’s marketing material, planning support, financial management and asset acquisition interventions were significantly related to the perceived business success of the sampled small businesses, while operational support interventions were not significantly related. On both a theoretical and practical level, the study adds to the knowledge of which financial and non-financial support interventions play a significant role in the success of small businesses. With the contribution of this study, South African DFIs can improve their financial and non-financial support strategies to assist small businesses in growing their operations. The study also provides a practical assessment of how GEP support recipients experience such support.
- Description
- Thesis (MBA) -- Faculty of Business and Economic Sciences, Business School, 2023
- Format
- computer
- Format
- online resource
- Format
- application/pdf
- Format
- 1 online resource (xiii, 91 pages)
- Format
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Business and Economic Sciences
- Language
- English
- Rights
- Nelson Mandela University
- Rights
- All Rights Reserved
- Rights
- Open Access
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| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | Blose, Z.pdf | 1 MB | Adobe Acrobat PDF | View Details Download |