The Black Business Supplier Development Programme (BBSDP) is a cost-sharing grant offered to black-owned small enterprises to assist them to improve their competitiveness and sustainability to become part of the mainstream economy and create employment.
The programme provides grants to a maximum of R1 million:

• R800 000 for tools, machinery and equipment on a 50:50 cost-sharing basis; and
• R200 000 for business development and training interventions per eligible enterprise to improve their corporate governance, management, marketing, productivity and use of modern technology on a 80:20 cost-sharing basis.

Objectives of the grant

• To improve the sustainability of black-owned enterprises by providing funding to increase the competitiveness of the businesses.
• To fast-track existing Small, Medium and Micro Enterprises (SMMEs) that exhibit good potential for growth into the mainstream economy;
• To grow black-owned enterprises by fostering linkages between black SMMEs and corporate and public sector enterprises;
• To complement current affirmative procurement and outsourcing initiatives of corporate and public sector enterprises; and
• To enhance the capacity of grant recipient enterprises to successfully compete for corporate and public sector tenders and outsourcing opportunities.
• Qualifying criteria of the incentive scheme

Eligible Enterprises

• Fifty-one per cent black majority shareholding;
• R250 000 to R35 million turnover per year;
• One year in operation and trading as a business;
• Fifty per cent management positions held by black people (historically disadvantaged individuals);
• Enterprises formally registered for VAT;
• Be operating and trading for at least one financial year

Contact Details

Website Details: Department of Trade and Industry