Enterprise and Supplier Development (ESD) Program
Our Enterprise and Supplier Development (ESD) Program has been hailed as the most empowering and effective intervention by its beneficiaries. It continues to host black owned and managed small to medium sized enterprises, providing them with tailor made business development support tailor-made to suit the current needs. Such support varies from contract management, business and financial management as well as marketing exposing them to strategic forums to access the desired markets. Individual and group support provided through mentorship and business coaching has assisted beneficiaries to stay focussed whilst engaging on strategies for sustaining and growing their enterprises.
Through our support, the program has achieved 80% success with most of our beneficiaries successfully growing their revenues and creating more jobs for locals. This is how PetroSA’s innovative ESD Program has continued to demonstrate its corporate leadership and dedication to both the letter and the spirit of the Revised B-BBEE Codes by investing in the growth of strategic, value-chain aligned SME’s with a specific focus on Enterprise and Supplier Development. Continuing to deliver on our business mandate of leading transformation in the Oil and Gas industry, is our way of ensuring and supporting initiatives aimed at achieving inclusive and meaningful economic empowerment of black people.
PetroSA is now calling for applications for its 2017/2018 ESD Incubation Program Intake. All interested applicants are expected to read and understand the purpose, the objective, and content of this initiative. As such, this application form should be completed with the knowledge that the applicant will, as a matter of process, be guided, trained, mentored, coached, monitored and audited as the case may be. This is not optional and the completion of this form is taken as consent, subjecting the applicant to these processes.
NB: Should the form NOT be completed in FULL, the application will be REJECTED. Information received will be treated with strict confidentiality. The application and documentation of all successful candidates will be scrutinised to validate qualification before confirmation. The intention of this program is to provide business support, prioritising our existing active suppliers and does not guarantee future contracts or financing at PetroSA. Also, due to budget constraints and business imperatives, PetroSA has limited spaces available on the program and fulfilling the below criteria does not automatically guarantee placement on the said program.Closing date 21 April 2017 Click here to apply.
QUALIFYING BASIC CRITERIA
Choosing PetroSA ESD Beneficiary
Applicants will be disqualified for failing to meet the criteria set. Strict assessment is adopted when recruiting and identifying deserving beneficiaries to be supported. Specific preference is to those who are current suppliers of PetroSA, followed by those deemed as potential players in PetroSA’s value chain. These include registered businesses with:
A viable value proposition, operating, or with the intention to operate within the Oil and Gas Industry;
- An operating history of more than 2 years and have a presence in RSA;
- 51% (or more) black ownership and at least 30% black women ownership;
- Owners who have invested at least 20% in equity and evidence of a high level of owner commitment;
- Have a target market clearly poised for commercial viability and profitable growth.
Aimed at addressing the skills shortage and other business challenges faced by or suppliers and customers, through our ESD Program we will:
Provide technical/technological engineering service to existing and new emerging value chain partners to address capacity issues;
Provide generic business administrative and management skills and expertise ranging from business planning, business compliance, tendering and good governance to improve the commercial sustainablility;
Provide ongoing business marketing and networking support services to suppliers emerging value chain partners to improve their overall growth and diversification.
Facilitate access to funding thus contribute towards boosting the financial viability of relevant suppliers and customers;
By providing these services we hope;
- Bolster the growth support through the provision of growth financing to worthy SME's improving the speed of growth;
- Enable the supplier to handle larger sized contracts with PetroSA;
- Reduce dependency on PetroSA over time by facilitating access to other customers;
- Ultimately, driving job creation through the growth of sustainable SME's
To ensure the commercial viability of our suppliers and customers, PetroSA continuously identifies profitable business opportunities through its entire value chain, driven through the company's procurement procedure. All these solutions are provided by us together with our partners in both the private and public sector.