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%. 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.
*Projects aimed at improving the effectiveness of the management system of an enterprise, e.g. scoping and implementation of production planning and control systems; implementation of quality management systems, such as ISO 9000 and ISO 14000; development of business plans for raising finance (marketing plans and marketing strategies should be part of the business plan). Limited cost-sharing grant support will be made available for the procurement of software and the printing of manuals that support the implementation of “best practice” management systems.
*Projects aimed at assisting the entry of enterprises into targeted markets, e.g. market research where (a new product is developed); design and development of marketing materials, website design, etc. Limited cost-sharing grant support will be available for the printing of marketing materials. Payment towards the design of marketing material is limited to R18 000 and printing R12 500.
*Projects that aim to impart specialised, enterprise-specific skills to employees e.g. specialised technical courses, such as computer maintenance and repair courses / jewellery making.
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Benefits of the incentive scheme
The maximum grant amount that a single enterprise can qualify for is limited to R100 000 (one hundred thousand rands)
The requested amount should not exceed 25% of the entity's previous year's turnover
Enterprises will exercise their own choice in selecting service providers, subject to the constraint that at least three competitive bids are obtained in the selection process. Enterpirses do not necessarily have to select the lowest cost service providers. The profile(s) of the service providers must also be submitted
In a case where a higher quote is chosen, a good motivation letter from the grant applicant must be provided
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An Accredited DTI National
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1. Application Form - Download
2. Domicilium - Download
3. Declaration - Download
4. Intervention List - Download
5. BBSDP Overview - Download
5. Requirements - Download