Investment-led entrepreneurship development

Spatial development initiatives are characterised by intensive intervention in an identified area in order to fast-track investment. The key objectives of SDIs are the generation of growth and development through private sector investment, the stimulation of small, medium and microenterprises (SMMEs) and the empowerment of local communities. This report is part of a series of guiding papers which contribute towards understanding and achieving the principles of the Spatial Development Initiatives (SDIs) programme as operating in South and southern Africa (De Beer and Arkwright, 1997; De Beer and Elliffe, 1997; De Beer and Wheeler, 1997; De Beer et al, 1997; Elliffe et al, 1997). The article builds on the foundations provided by these earlier studies and specifically focuses on the stimulation of SMMEs and the associated empowerment of local communities as principles that underlie all SDI interventions.