[{"bbox": [171, 153, 1134, 234], "category": "Text", "text": "Development Services Facility that, through targeted support to SMMEs, will enable the creation, the transition, and the development of SMMEs active in green economy value chains, or willing to invest in low carbon production processes (output 3.1 and 3.2.)."}, {"bbox": [171, 259, 1134, 446], "category": "Text", "text": "In particular, the SMMEs Facility – funded by the EC through a EU pillar assessed financial institution and set up by one or more DFIs – aims to pool public and private resources with the purpose of providing financial and non-financial support (i.e., business development services (BDS), support services, lower priced debt financing, equity, venture capital or microfinance), and mitigating commercial risks of non-commercially bankable SMMEs, notably start-ups, active in the green economy value chains or looking to greener their operations. A special focus will be given to businesses owned by women, youth, persons with disabilities, the bottom 40% and socio-economically disadvantaged."}, {"bbox": [171, 471, 1134, 552], "category": "Text", "text": "This pillar, by facilitating investments in and by SMMEs, will also contribute to (new) jobs creation. Moreover, it is complementary with the interventions under pillar 1 and 2, since SMMEs and entrepreneurs will directly benefit from the reforms and reduced red tape (SO1) and the skills developed (SO2)."}, {"bbox": [96, 577, 1134, 764], "category": "Text", "text": "In other words, if (1) capacity issues within key sectors and ministries to develop and implement key regulatory and policy reforms are resolved; (2) retrenched workers directly and indirectly affected by the decommissioning of coal power plants are re-/up-skilled and (3) SMMEs in the green economy value chains gain access to finance, business development services as well as to persons with the right skill sets, then the Action will contribute to South Africa's efforts to tackle the energy crisis, inequality, and job losses during the energy transition, thereby contributing to the goals of inclusive and sustainable growth, decent work for all, social inclusion, and the eradication of poverty."}, {"bbox": [96, 789, 1134, 843], "category": "Text", "text": "The Action will draw experience from territorial just transition activities in Europe where some MS have already gone through a transition away from coal."}, {"bbox": [86, 890, 442, 920], "category": "Section-header", "text": "## 3.6 Logical Framework Matrix"}, {"bbox": [96, 937, 1123, 1069], "category": "Text", "text": "This indicative logframe constitutes the basis for the monitoring, reporting and evaluation of the intervention. On the basis of this logframe matrix, a more detailed logframe (or several) may be developed at contracting stage. In case baselines and targets are not available for the action, they should be informed for each indicator at signature of the contract(s) linked to this AD, or in the first progress report at the latest. New columns may be added to set intermediary targets (milestones) for the Output and Outcome indicators whenever it is relevant."}, {"bbox": [134, 1069, 1134, 1122], "category": "List-item", "text": "- At inception, the first progress report should include the complete logframe (e.g. including baselines/targets)."}, {"bbox": [134, 1123, 1011, 1150], "category": "List-item", "text": "- Progress reports should provide an updated logframe with current values for each indicator."}, {"bbox": [134, 1150, 1029, 1177], "category": "List-item", "text": "- The final report should enclose the logframe with baseline and final values for each indicator."}, {"bbox": [96, 1177, 1123, 1229], "category": "Text", "text": "The indicative logical framework matrix may evolve during the lifetime of the action depending on the different implementation modalities of this action."}, {"bbox": [96, 1229, 1123, 1315], "category": "Text", "text": "The activities, the expected Outputs and related indicators, targets and baselines included in the logframe matrix may be updated during the implementation of the action, no amendment being required to the Financing Decision."}, {"bbox": [1027, 1682, 1144, 1706], "category": "Page-footer", "text": "Page 15 of 27"}]