Black Business Supplier Development Programme (BBSDP)

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
 

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2 thoughts on “Black Business Supplier Development Programme (BBSDP)”

  1. Kasana Computer School. An Micit seta accredited institution.
    Please assist us financially or otherwise. We are faced with so many challenges.
    Thanking you in advance.
    Kasana-

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