Listing Information
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Posted By:
Black Umbrellas
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Posted:
June 12, 2018
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Last Updated:
June 12, 2018
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Views:
827
Category:
Enterprise & Supplier Development
Tags:
#ESD
#enterprise development
Description:
Black Umbrellas is an enterprise and supplier
development (ESD) incubation organisation that partners
with the private sector, government and civil society
to address the low levels of entrepreneurship and high
failure rate of 100% black owned businesses
Profile Information
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Black UmbrellasWho we are? Black Umbrellas is an enterprise and supplier development (ESD) incubation organisation that partners with the private sector, government and civil society to address the low levels of entrepreneurship and high failure rate of 100% black owned businesses. ESD benefits for your enterprise ESD is an international best practice philosophy which drives economic growth through the inclusion of small and medium-sized enterprises (SMEs) in supply chains of large enterprises. ESD positively impacts the triple bottom line and fosters sustainable businesses.Enterprise and Supplier Development (15pts + 2) By matching measured enterprises with SMEs, Black Umbrellas assists measured enterprises meet and exceed the ESD scorecard when contributing: • 1% of NPAT for enterprise development • 2% of NPAT for supplier development Tax Exemption: section 18A certificate for ESD contributions Skills Development:Through Black Umbrellas mentorship programme, professionals from measured enterprises are matched with 100% black owned empowering suppliers, recording all sessions as evidence of the 12 days required by BEE legislation when assisting EMEs and QSEs.Preferential Procurement (25pts + 2): By matching measured enterprises with SMEs, Black Umbrellas assists measured enterprises procure from EMEs (4pts, 15% TMPS), 51% black owned businesses (9pts, 40% TMPS), 30% black woman owned businesses (4pts, 12% TMPS) and 51% black owned designated group suppliers (2pts, 2% TMPS): a. 247 trading ready business in incubation: i. 30 sectors and 64 sub-sectors; ii. 95% EMEs and 4% QSEs and 1% Large business; iii. R 3 million average turnover; iv. Employs 8 employees on average b. Over 8 400 business listed on Black Pages our online procurement portalSource: http://www.blackumbrellas.org/
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Black Umbrellas (Owner)
