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Eskom calls on small Black-owned manufacturing businesses to enter BIC

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Eskom has issued a statement calling on small Black-owned manufacturing businesses to enter the Eskom Development Foundation’s BIC to build on their business skills and win a cash injection.

Power utility, Eskom issued a statement on Thursday, 30 September 2021, calling on all manufacturing entrepreneurs to power up their businesses by entering its business competition and Business Connect. Eskom’s Development Foundation called on Black entrepreneurs in the manufacturing sector to enter the annual Business Investment Competition (BIC) running from 30 August 2021 to 31 October 2021.

The competition is noted to not only provide a cash injection to entrepreneurs to sustain their businesses, but also offers participants the opportunity to build their capacity with business skills to help them navigate the complicated economic landscape.

Eskom also noted that manufacturing is South Africa’s fourth-largest industry, contributing 14 percent to the gross domestic product. It has therefore urged qualifying Black-owned small businesses in the sector to enter by the closing date, as it would be an opportunity to contribute to their development and sustainability.

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