What constitutes ESD Contributions? According to the Codes of Good Practice, Enterprise and Supplier Development contributions are monetary or non-monetary contributions carried out to beneficiaries, with the objective of contributing to the development, sustainability and financial and operational independence of those beneficiaries. So why is this so important? SME’s have the potential to make a real difference to the economy. According …
ESD Beneficiary Matrix for Entrepreneurial Development
The ESD Beneficiary Matrix It represents all the different areas that you are allowed to claim as a company for your 2% NPAT under Supplier Development or your 1% NPAT under Enterprise Development. The ESD Beneficiary Matrix should be used as part of your planning process for your ESD Plan. The Beneficiary Matrix indicates Monetary and Non-Monetary as well as …
Preferential Procurement in Enterprise and Supplier Development
This slideshow looks at Preferential Procurement and provides the basic information required for an understanding of Preferential Procurement. What is important to note is that the intention of the codes is that Enterprise and Supplier Development ultimately feeds through to Preferential Procurement. This was the original intention in the 2007 codes and have now been significantly clarified in the ammended …