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Black Business Supplier Development programme (BBSDP ) by the dti

Black Business Supplier Development programme (BBSDP ) by the dti. Who qualifies. Turnover R500 000 to R35 000 000 Black owned 50.1% (Indian and coloured) Be in business more than ONE year Registered at CIPRO, SARS, pay VAT Must be a sound business (get bank finance)

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Black Business Supplier Development programme (BBSDP ) by the dti

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  1. Black Business Supplier Development programme(BBSDP) by the dti

  2. Who qualifies • Turnover R500 000 to R35 000 000 • Black owned 50.1% (Indian and coloured) • Be in business more than ONE year • Registered at CIPRO, SARS, pay VAT • Must be a sound business (get bank finance) • Solid business plan and financial statements • New business can apply if they have a valid contract

  3. What does the grant cover Plant & Machinery 35% deposit –up to R800 000 Training, software, mentoring 50/50 split up to R200 000 Business training Corporate governance Tendering Mentoring Accounting software etc ISO 9001 QMS Business writing Finance • Small tools • Lathes, bending brakes etc • Yellow equipment (construction) • Welding, spray booths etc • Laundry, sewing • Franchises • Any industry – any equipment • NB –nothing with wheels

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