Welcome to Optimas Enterprise Development
The BBSDP is a 80:20 cost-sharing grant, which offers support to black-owned enterprises in South Africa, whereby the dti contributes 80% of the cost of a project and the approved applicant 20%. and on machinery and equipment on a 50:50 cost-sharing basis. The scheme provides such companies with access to business development services that assist them to improve their core competencies upgrade managerial capabilities and restructure their processes to become more competitive.
Objectives of the incentive scheme.
To fast track existing SMMEs that exhibit good potential for growth into the mainstream economy.
To grow black-owned enterprises by fostering linkages between black SMMEs and the corporate and public sector enterprises.
To complement current affirmative procurement and outsourcing initiatives of corporate and public sector enterprises.
To enhence the capacity of grant recipient enterprises to successfully compete for corporate and public sector tenders and outsourcing opportunities.
Qualifying Criteria of the incentive scheme.
- Enterprises that are majority black owned (fifty plus one share) and have a significant representation of black managers on their management team.
- Enterprises with a annual turnover of R250 000 - R35 million per annum
- A key criterion for eligibility is that the enterprise must have a minimum trading history of one year. Read more
Optimus Enterprise : An Accredited
DTI National Network Facilitator
Tel: +27 62 057 6474
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Contact Person: Michael / Tendai
+27 82 715 8772
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