Are you and your organisation under pressure to remain B-BBEE compliant under the Amended Codes of Good Practice? Are you at risk of being discounted under the Enterprise & Supplier Development element? TLO qualifies as an Enterprise & Supplier Development (ESD) beneficiary.

Qualifying as an ESD beneficiary

The Learning Organisation itself qualifies as an Enterprise & Supplier Development beneficiary, and can thus be beneficiaries of any or all of the following:

  • Grants / Donations
  • Direct costs incurred (for example covering operational expenses)
  • Discounts
  • Overhead costs incurred
  • Interest-free loans
  • Professional services rendered at no cost
  • C.O.D / Shorter payment periods

Training qualifying ESD beneficiaries

As many of TLO’s Learnerships, Skills Programmes and training courses offer content that emerging, small and medium-sized businesses would benefit from, another ESD option is to sponsor the training for the beneficiary organisation (i.e. the qualifying ESD beneficiary).

Documentation for B-BBEE Verification

TLO will ensure that all documentation is available to the nominated Verification Agency, including the following:

  • Proof that the beneficiary qualifies as an ESD beneficiary, including B-BBEE certificate or Affidavit
  • ESD Needs Analysis
  • Enterprise and Supplier Development Plan
  • Proof of the training including feedback of its impact