naamsa | The Automotive Business Council is the industry body for automotive companies in South Africa, with a membership that includes manufacturing, retailing and heavy commercial OEMs [Original Equipment Manufacturers]. As conveners of the South African Auto Week [SAAW] which is scheduled between 24 – 30 October 2022, naamsa would like to invite black and women-owned companies with ambitions to actively participate in the auto value chain to pitch their auto industry business ideas or propositions to a panel of funders for possible funding opportunities.
This RFI is an Enterprise Development Programme which is designed consistent with Broad-Based Black Economic Empowerment [B-BBEE] legislation and other related policies. The shortlisted and successfully selected businesses to this RFI will be supported in line with Code: 400 of the B-BBEE Codes of Good Practice as amended.
This RFI is intended only for applicants Black Owned Enterprises operating within the automotive sector who are classified as either Exempt Micro Enterprises or Qualifying Small Enterprises as defined in the B-BBEE Codes of Good Practice. Applicants must be businesses which operative with a profit-making objective and must be juristic persons in line with the Companies Act.
At a high-level, this program will be delivered according to the following phases:
naamsa retains the right to cancel this RFI or process at any stage without consultation as outlined in the “Description of Scope” and without any notice given to applicants should circumstances require such. Further to this, naamsa can cancel and remove an applicants should they be found to have misrepresented facts or sought to mislead naamsa and its partners. Applicants and the winner of the program agree to furnish naamsa with any reasonable information, data and documents for audit purposes which includes but is not limited to the internal audit, financial audit and B-BBEE audit of naamsa and partners to this project.
In line with the scope of this RFI, and its description as outlined in the previous section, applications to this RFI must meet the following criteria:
As part of minimum submissions for this RFI, the following documents must be provided,