Black Business Supplier Programme

The DTI's Black Business Supplier Development Programme (BBSDP) is an 80:20 cost-sharing, cash grant incentive scheme for black-owned businesses, with a maximum grant of R100 000. The scheme also provides business development services to help companies improve their skills and become more competitive.

To qualify, a company must:

• Be at least 51% black-owned and have a significant representation of black managers.
• Have turnover of no more than R12 million per annum.
• Have a minimum trading history of one year.
• Comply with all the relevant regulations, eg they must be registered with CIPRO and SARS.

The scheme aims to:

• Fast-track existing SMMEs with good growth potential into the mainstream of the formal economy.
• Foster linkages between black-owned SMMEs and corporate and public sector enterprises.
• Complement affirmative procurement and outsourcing initiatives.
• Help recipient build capacity to successfully compete for tenders and outsourcing opportunities.