BLACK ENTERPRISE DEVELOPMENT
Black Enterprise and Supplier (ESD) Development
The current BEE regime requires enterprise development investments in return for BEE points.
This investment is a small portion of your annual net profit after tax allocated to assisting Black Owned Small Business to survive and flourish.
Vital Consulting and Partizan (an independently owned EME and 51% Black owned BEE facilitator) can assist in facilitating and structuring BEE Supplier, Enterprise (ESD) and Socio Economic Development (SED) programmes.
Companies spending towards these qualifying ESD projects and beneficiaries could secure up to 17 BEE points
(roughly 15% of the available score).
To claim the full 15 points allocated to enterprise development, a portion of your Net Profit After Tax (NPAT), must be allocated to support small Black Owned Businesses that are or will become suppliers to you.
Our expertise lies in being able to advise on and assist with implementing ESD strategies by:
Identifying qualifying Black Owned Small Businesses and Start Ups.
Developing ESD programmes that qualify in terms of the Codes.
Developing and implementing incubation, training and mentoring programmes.
Assisting with sustainability and job creation.
Our affiliation with accredited training providers allow us to:
Underpin our ESD programmes with targeted skills upliftment programmes
Transfer technical and business skills and knowledge of the core business of the new venture.
Enhance this with an incubation period of knowledge investment, mentorship and technical and financial support.