The Black Business Supplier Development Programme (BBSDP) is a cost-sharing grant offered to small black-owned enterprises to assist them to improve their competitiveness and sustainability. This helps them to become part of the mainstream economy and to 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
- 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.
Find out more about the programme from the Department of Small Business Development.
the dti Customer Contact Centre
Tel: 0861 843 384