ESD points secured
The uncertain economy coupled with the need for good BEE scores left this industrial client in a conundrum. How can they preserve cashflow in these uncertain times whilst ensuring that they secure their ESD points?
Aurik’s funded ESD solution achieved just that. On a small budget, 3 SME suppliers were sourced for specific opportunities within our client’s core business. A 5 year plan was put in play to support these businesses development against identified contract values. Through LinkMakers Capital, Aurik’s subsidiary, a Section 12J supplier development fund, funding was allocated to support growth in the SME’s. Because equity investments have been made, the points count at a 70% value and remain in play over the 5 year term. ESD points secured, growth in these suppliers ensuring that they earn additional PP points and cashflow preserved. A successful outcome!