Adrienne Bredeveldt | 3 June 2023
Sun International has opened applications for its 2023 Enterprise and Supplier Development Programme (E&SD). The initiative seeks to support and uplift local start-up businesses by providing them with opportunities to elevate their ventures.
Through the programme, selected small, medium and micro enterprises (SMMEs) will not only receive valuable mentorship and knowledge but also gain access to financial assistance in the form of loans and grants. These financial resources can be repaid by the applicants over a mutually agreed-upon period, further enabling their growth and development.
Sun International’s E&SD Programme contributes by:
Supporting the introduction and development of black-owned Small Medium Micro Enterprise (SMME) businesses
Offering business opportunities to qualifying E&SD beneficiaries where possible
Focusing on the sustainability of the beneficiaries within the programme
Supporting the objective of the National Development Plan (NDP) 2030
Supporting strategic category management plans
Using E&SD funds to achieve meaningful value within the communities
With a track record dating back to 2014, the programme has extended its support to more than 30 community businesses, many of whom have subsequently become registered suppliers.
Successful candidates commit to a comprehensive three-year programme that provides mentorship and training on essential topics such as financial management, business governance, human resources skills, accounting and specialised instruction tailored to meet the unique needs of each individual business.
To be eligible for consideration, applicants must meet specific criteria, which include having a registered business that is 51% empowered, demonstrating relevant business acumen within their respective field and maintaining a minimum operational tenure of at least two years.
The applications for the 2023 Enterprise and Supplier Development programme close on 8 June.
‘Disclaimer - The views expressed here are not necessarily those of the BEE CHAMBER’.
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