BLACK BUSINESS SUPPLIER DEVELOPMENT PROGRAMME (BBSDP)
The BBSDP is a cost-sharing grant administered by the Department of Trade & Industry which offers support to black-owned enterprises in South Africa to assist them in improving their competitiveness and sustainability.
The BBSDP provides grants to a maximum of R 1,000,000 per eligible firm over the lifetime of the programme (2010 – 2017).
80% of Business Development and Training intervention costs will be paid by the DTI.
50% of Qualifying Tools, Machinery and Equipment purchases will be paid by the DTI.
Projects aimed at upgrading the capability of the management team of the enterprise through generic management Training programmes.
Projects aimed at improving the effectiveness of the management systems of an enterprise, e.g. Company Diagnostics; Business Strategy; Marketing Strategy; Organisation and Management Improvements; Management Information Systems; Production planning and Control Systems; Quality Improvement Systems, e.g. ISO 9001 and ISO 14000; Financial Management Systems; Productivity Improvement; Patent & IP Rights; BBEEE Scorecards; Product Improvements; Star Grading (Tourism); Expansion Modernisation Strategy and Planning.
Purchase of Tools, Machinery and Equipment.
Key Qualifying Criteria
The business must have traded for at least one financial year.
Minimum turnover of R 250,000 per annum (maximum: R 35m per annum).
The business must be VAT registered.
The business must be majority black-owned (minimum 51%) and black operated.
Approval must be sought before embarking on the intervention or purchasing the M&E.
Requested amounts for each intervention may not be > 25% of prior year Turnover.
The DTI will pay a consultant (Network Facilitator) to submit the BBSDP applications and claims on behalf of the firm requesting the grant.
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