Enterprise & Supplier Development
What is an Enterprise Development Programme?
Small businesses are critical to the South African economy, they account for 52% of the country's GDP, contribute millions in tax revenue and offer a possible solution to the unemployment crisis by creating jobs. However, 80% of start-ups fail in the first three years and this is largely due to a lack of support. The survival rate of a start-up is increased by an ‘incubation’ process, which assists small businesses in becoming sustainable over time.
An Enterprise Development programme aims to transfer skills, knowledge, experience, wealth and support to small and medium black businesses which will ultimately lead to job creation and sustainable long-term economic growth.
Your company’s Enterprise and Supplier Development spend can be used to achieve this through an Enterprise Development programme comprising financial and non-financial support.
We offer the following services to our Corporate Sponsors:
Procurement of assets for SME's
SME needs analysis
Coaching and mentoring
ED and ESD agreements
Deliver business services to the SME's
Submission of audit file for verification purposes
Note: Any money spent on Enterprise Development cannot be claimed simultaneously as Supplier Development.