This is an important initiative that seeks to grow black companies and link them with a large company, in this case MTN. The organisers describe the opportunity as follows:
We are embarking on a transformation journey and are looking for eligible service providers with high quality and cost-effective services. Through our partnership with the Sarah Baartman District Municipality and New Generation Mindset (NGM), this Local Economic Development initiative will enrich the economy of townships and in turn increase Skills development, Job creation, Localization, Industrialization and Export opportunities.
MTN is recruiting local YOUTH-owned companies with the aim to empower and expose them to significant growth and development opportunities. Potential YOUTH-owned companies in ICT are invited to apply to become suppliers and service providers to MTN South Africa.
We have ‘Grassroots’ support programs in place to enable and develop eligible service providers and suppliers towards sustainable participation in South Africa’s digital economy, that include:
- A 3 year business incubation program
- Access to Funding
- Market linkages
- Mentorship & Coaching
Who is the potential MTN Supplier being recruited?
- Black YOUTH-owned companies (≤ 35years )
- Suppliers of ICT services, equipment, applications, installations, devices and peripherals
- Registered SMME’s (small, medium and micro enterprises) companies (≥12 months in operation)
- Emerging entrepreneurs with innovative ideas.
MTN’s broader initiative targets companies in the following focus groups:
Black-owned companies, Black Youth-owned companies, Black Women-owned companies and Black Disabled-owned companies.