BBSDP

BLACK BUSINESS SUPPLIER DEVELOPMENT PROGRAMME (BBSDP)

Overview:

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.

Benefits

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.

Qualifying Interventions

  • 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.

Add comment