LimDev is a juristic body established in terms of the Northern Province Development Corporation Act No. 5 of 1994 and operates as a Provincial Government Business Enterprise, entitled to make profit, as listed in Schedule 3D of the Public Finance Management Act, Act No. 1 of 1999, (as amended by Act No. 29 of 1999).
LimDev’s mandate is to provide development finance to Small, Micro and Medium Enterprises (SMME’s) to stimulate the growth and development of the Limpopo economy.
Vision
To be a pre-eminent catalyst and partner in the economic growth and empowerment in Limpopo
Mission
To establish and advance a sustainable small and medium enterprise sector through the provision and facilitation of business and investment opportunities by providing finance to our subsidiaries, and SBU’s to facilitate:
- Industrial and economic development
- Employment creation
- Acceleration of BBBEE