The Black Business Supplier Development Programme (BBSDP) is a cost-sharing grant offered to black-owned small enterprise to assist them to improve their competitiveness and sustainability in order to become part of the mainstream economy and to create employment.
The programme provides grants to a maximum of R1 million:

• R800 000 for tools, machinery and equipment on a 50:50 cost-sharing basis
• R200 000 for business development and training interventions per eligible enterprise to improve their corporate governance, management, marketing, productivity and use of modern technology on a 80:20 cost sharing basis.

Qualifying criteria of the incentive scheme

• Fifty-one percent (51%) black majority shareholding;
• R250 000 to R35 million turnover per year;
• One year in operation and trading as a business;
• Fifty percent (50%) management positions held by black people (historically disadvantaged individuals);
• Enterprises formally registered for VAT;
• Eligible to obtain funding to a maximum of R1 million:
  - R800 000 for tools, machinery and equipment on a 35:65 cost-sharing basis
  - R200 000 for business development and training interventions per eligible enterprise to improve their corporate governance, management, marketing, productivity and use of modern technology on a 80:20 cost sharing basis.
• Be operating and trading for at least one financial year – at the sole discretion of the dti, an enterprise that has been operational/registered for less than a year may be considered for this incentive, provided that the enterprise can provide sufficient evidence to service a tender/contract.

For further information regarding BBSDP, visit the Dti's page on this incentive scheme