This element measures the extent to which enterprises carry out enterprise development initiatives intended to assist and accelerate the growth and sustainability of black enterprises. 1 % of Net Profit After Tax is committed to Economic Development spend.
We assist with:
- ED advisory
- SMME beneficiary identification
- SMME project planning and development
- SMME Accelerator Program
Supplier Development
This element measures the extent to which entities buy good services from Empowering suppliers, with strong B-BBEE recognition levels. 2% of Net Profit After Tax is committed to Supplier Development spend.
- Data collection of suppliers’ B-BBEE certificates and analysis
- Documentation inspection in line with verification guidelines
- Identification, vetting and implementation of outsourced suppliers
- Procurement advisory
- SMME beneficiary identification
- SMME project planning and development
- Supplier development management
- SME support
- Innovation management and product development strategies
- Strategic business formulation and commercialisation of ideas
- Fundraising, bid management and advisory services for SMEs
Business development services:
- Business plans
- Business profiles
- Sales and marketing advisory and training
- Financial management advisory and training
- Monitoring, evaluation and reporting
Socio-Economic Development
This element measures the extent to which entities carry out initiatives that contribute towards Socio Economic or Sector Specific initiatives that promote access to the economy for Black people.
1 % of Net Profit After Tax is committed to SED spend.
We assist with:
- SED advisory
- SED beneficiary identification
- SED project planning and development