Large organisations are required to contribute 1% of Net Profit After Tax to initiatives which assist qualifying beneficiaries through financial and/or professional business contributions. Enterprise Development beneficiaries are small entities which are at least 51% black owned and are not suppliers to the organization.
Our Enterprise Development programmes consist of business training for beneficiaries, and assistance with company registration and legislative compliance.
Large organisations are required to contribute 2% of Net Profit After Tax to contributions to small and medium black-owned entities within the organisation’s supply chain.Supplier Development initiatives ensure the sustainability of beneficiary entities through providing access to business development services and through assistance in the improvement of technology and capacity.5Inc’s Supplier Development programmes consist of business training workshops which enhance entrepreneurial skills.
Our Entrepreneurial Development training programmes have, as their foundation, a board-based business simulation designed to give learners an understanding of the operations and key issues involved in running a small, medium or micro business.In addition to the simulation, the programme also includes classroom-based training modules and ongoing assessment.