Application For Enterprise Development Assistance

Details of the offer

APPLICATION FOR ENTERPRISE DEVELOPMENT ASSISTANCE Valve and Automation as a recognized BEE transformation partner submits and comply with BEE codes of good practice. As part of BEE transformation codes and process, we hereby invite you to apply for Enterprise Development programme for 2024. This initiative is to assist small and micro enterprises in starting and growing their business. Criteria in order to apply: Valid company (Pty) Ltd with 100% black ownership. This company must be currently valid and registered with CIPC. Proof required Micro enterprise with turnover under R 10M per Annum. Valid BEE Exempt Micro Enterprise Certificate. Valid for entire of current financial year ( Jan to Dec 2024). Valid Tax clearance certificate. Valid Banking details in the name of the abovementioned (Pty) Ltd. In need of financial assistance. (Copies of financials and/or Bank statement) showing a viable business. What we offer: Grants and Related Contributions Grant Contribution Direct Cost incurred in supporting enterprise and supplier development Discounts in addition to normal business practices supporting enterprise and supplier development Overhead Costs incurred in supporting enterprise and supplier development (including people appointed in enterprise and supplier development) Loans and Related Contributions Interest-Free Loan with no security requirements supporting enterprise and supplier development Standard Loan to enterprise and supplier development beneficiaries (EMEs or 51% Black owned QSEs) Guarantees provided on behalf of a Beneficiary entity Lower Interest Rate Equity Investments and Related Contributions Minority Investment in enterprise and supplier development beneficiaries Enterprise and supplier development Investment with lower dividend to financier Contributions made in the form of human resource capacity Professional services rendered at no cost and supporting enterprise and supplier development Professional services rendered at a discount and supporting enterprise and supplier development Time of employees of Measured Entity productively deployed in assisting beneficiaries Other Contributions Kindly reply to this email if you intend to apply and supply us with above mentioned documents and type of assistance you would like Please reply by COB Monday 18th Nov 2024. Should you require compliance services please advise as we can assist with that as well. Criteria in order to apply: Valid company (Pty) Ltd with 100% black ownership. This company must be currently valid and registered with CIPC. Proof required Micro enterprise with turnover under R 10M per Annum. Valid BEE Exempt Micro Enterprise Certificate. Valid for entire of current financial year ( Jan to Dec 2024). Valid Tax clearance certificate. Valid Banking details in the name of the abovementioned (Pty) Ltd. In need of financial assistance. (Copies of financials and/or Bank statement) showing a viable business.


Nominal Salary: To be agreed

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