Convert ESD spend from a tax to a productive investment in your supply chain
Has Enterprise and Supplier Development become a domain of normalised pain and dormant value for you?
of B-BBEE spend is misallocated by corporates
0
%
of spend adds no value beyond B-BBEE points
0
%
* Data collected from engagements with B-BBEE consultants and leading corporates across various manufacturing sectors
Why?
- Uncertain spend requirements until late in the Financial Year
- Insufficient time to secure B-BBEE points and commercial impact
- Limited manufacturing focused options to support your supply chain
- Significant burden on corporates to find, screen, develop and mitigate risk with future suppliers, while tangential to core business
How It Works
The Manufacturing Development Fund is an end-to-end Enterprise and Supplier Development facilitator, focused on finding and developing your future, local suppliers. Our methodology is aimed at securing your B-BBEE points whilst also enabling impactful projects and genuine commercial outcomes.
- Loans & grants committed to MDF
- B-BBEE points secured (almost) immediately
- Direct use of funds for your own supply chain
- Non-profit company established as an ESD facilitator
- Conducts SME screening, due diligence, contracting, & project execution
- Disburses loans & grants
- Ensures effective capital deployment, visibility and SME professionalisation
- ≥ 51% Black owned businesses
- Annual turnover R1m – R50m (in RSA)
- Grants & loans received for specified ESD projects
I entered the Accelerator to get exposure, to grow my skills of selling my business to big customers, to benefit from the mentorship programme and to understand what my potential customers are looking for from SMMEs. I would encourage SMMEs to take opportunities like these going forward because I know it’s not easy.
MDF Donor
We are glad that we were part of the Accelerator, as we would not be where we are now in terms of skills set. The business case development phase with our mentor was eye-opening because we have identified an opportunity to expand our products and have already produced a sample of our new product.
MDF Donor
The Accelerator has been one of the most elevating experiences since starting my business. Over the past years, our heads have been under water, grinding away to nurture business from a grassroots level. This initiative has afforded us the opportunity to pick up our heads and play at a level that feels like corporate, getting expert training, coaching and guidance. To be a part of this experience is so encouraging and motivating. To have been recognised and acknowledged through the phases of the Accelerator was special. I am still feeling like I am walking in the clouds. It has really done something for me personally, at a very deep level.
MDF Donor
Words cannot truly describe what an honour and privilege it was to be a part of the Accelerator. After three months of due dates and stressful submissions, nail-biting moments and the exhilarating feeling of continuously making it through to the next stage, we finally had the opportunity to showcase our business, our talent and our skills to big customers who were the Head Buyers of South Africa’s leading retailers. This hopefully opens the doors for many more exciting opportunities, and we look forward to becoming the reputable, direct manufacturers and suppliers of South Africa and Africa’s leading retailers in the near future!
MDF Donor
You’re In Good Company
Join a community of leading industrial enterprises who have partnered with the Manufacturing Development Fund to drive the localisation and transformation in South Africa’s industrial sector.
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