As Wealthsmiths™ we believe small to medium enterprises (SMEs) are the single most powerful tool in creating jobs, alleviating poverty and addressing other challenges in our economy. This is why we’re committed to stimulating the development and economic growth of black-owned SMEs which are aligned to our supply chain. The Sanlam Enterprise Supplier Development (ESD) Programme has partnered with the Association for Savings and Investment South Africa (ASISA) to provide investment funding and business development (BDS) support to SMEs. Through this, we hope to create meaningful success stories that benefit our industry as a whole.
Provide investment funding and business development support to SMEs that show potential for future growth.
Every enterprise developed helps contribute to sustainable job creation, which strengthens our economy.
Business owners, society and South Africa’s economy.
We understand business owners require more than just financial support to achieve growth on their own. This is why we focus on accelerating and developing high-potential business, rather than simply supplying grant money and expecting results.We’ve found that the best results can be unlocked through the following business levers:
Interaction between business owners and business owner support specialists, enhanced by bootcamps, provide a new platform for SMEs to interact with another and transfer knowledge and expertise.
Investment opportunities and post-investment support through ASISA Enterprise Development Fund and other funds help to develop businesses further.
Media exposure and a detailed communication plan help SMEs to promote their businesses.
A selection process that is aligned with procurement helps to stimulate the development and growth of black-owned small businesses.
Click on a business below to learn more
invested
procurement spend
SMEs developed
jobs supported
new jobs created
average revenue growth
This structured enterprise development programme supports enterprises in growing and preparing them to become part of Sanlam’s supply chain.
This programme partners with 100% black-owned businesses to assist in programmes at incubation or acceleration hubs to become more sustainable and supply-chain ready. More than 20 businesses and business owners benefited in Pretoria, Johannesburg and Cape Town.