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		<title>Enterprise Development &#8211; Samsung Newsroom South Africa</title>
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            <title>Enterprise Development &#8211; Samsung Newsroom South Africa</title>
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				<title>[Testimonials] Samsung EEIP: Driving Measurable Growth in Black-Owned SMMEs</title>
				<link>https://news.samsung.com/za/testimonials-samsung-eeip-driving-measurable-growth-in-black-owned-smmes?utm_source=rss&amp;utm_medium=direct</link>
				<pubDate>Tue, 29 Jul 2025 09:15:47 +0000</pubDate>
						<category><![CDATA[Citizenship]]></category>
		<category><![CDATA[Press Release]]></category>
		<category><![CDATA[EEIP]]></category>
		<category><![CDATA[Enterprise Development]]></category>
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		<category><![CDATA[SMME]]></category>
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									<description><![CDATA[As part of Samsung’s R280-million worth Equity Equivalent Investment Programme (EEIP) launched in 2019, in collaboration with the Department of Trade, Industry]]></description>
																<content:encoded><![CDATA[<p>As part of Samsung’s R280-million worth Equity Equivalent Investment Programme (EEIP) launched in 2019, in collaboration with the Department of Trade, Industry and Competition (Dtic) – the partners recently opened the third call, inviting all suitable, black-owned ICT and Service Centre SMMEs to take part in this year’s Samsung EEIP Enterprise Development (ED) Programme.</p>
<p><strong> </strong></p>
<p>This Samsung ED programme which aims to empower black-owned ICT and Service Centre enterprises to boost the economy and create jobs through entrepreneurship and business support &#8211; involves initiatives like grant funding, specialist business development support and access to supply chain opportunities for black-owned and women-owned small, medium and micro enterprises.<span> </span>This programme’s efforts are aligned with the country&#8217;s transformation goals and aim to foster a more inclusive economy.<span> </span></p>
<p><span> </span></p>
<p><span>In an effort to </span>inspire potential future participants <span>coupled by Samsung’s need to measure the </span>impact and effectiveness of its CSR initiatives &#8211; the company took the time to speak to two of the beneficiaries from the ED programme in the last few years. <span>When asked </span>how Samsung EEIP provided the participating SMME owners with the confidence and support needed <em>to mean business about their businesses</em>, this is what they had to say:</p>
<p><strong> </strong></p>
<p><span>One of the beneficiaries is Thoriso Rangata. He is a 32-year-old, businessman and the owner of KTO Digital, which focuses on Business Process Automation, Software Development Services and Background Screening Software as a Service (SaaS) solution provider. Thoriso says from being part of the programme, he </span>gained the reassurance and confidence he needed.</p>
<p><span> </span></p>
<p><span>Thoriso based in Johannesburg, originally from Limpopo, became part of the programme when he responded to a public call for applications in 2020. At the time, his business, KTO Digital, needed support in order to meet the company’s growth objectives. Thoriso is a true example of how the programme is able to </span>empowerment ICT entrepreneurship as well as stimulate job creation and assist in contributing to economic growth.<span> </span></p>
<p><span> </span></p>
<p><img class="alignnone wp-image-23317 size-full" src="https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/KTO-Thoriso.jpg" alt="" width="1000" height="667" srcset="https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/KTO-Thoriso.jpg 1000w, https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/KTO-Thoriso-844x563.jpg 844w, https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/KTO-Thoriso-768x512.jpg 768w" sizes="(max-width: 1000px) 100vw, 1000px" /></p>
<p>&nbsp;</p>
<p><span>Since being part of the EEIP programme, Thoriso’s company won the Nedbank Business of the Year Award in 2022. In the same year, his company launched their own product and received accreditation as a credit bureau business.</span></p>
<p><span> </span></p>
<p><span>The support he received from the programme has allowed KTO Digital to create over 20 jobs between 2021 to date. This is in line with the programme’s objective of creating both direct and indirect jobs, with a particular emphasis on Black Economic Empowerment (BEE) and the development of township economy.</span></p>
<p>&nbsp;</p>
<p><span>These achievements demonstrate how the EEIP programme has provided Thoriso and his team the opportunity to pursue their passions as well as bringing security and stability &#8211; not only to his employees but also to their families&#8217; livelihoods. Thoriso explains, “the other direct benefits that KTO Digital received from being part of the programme included: Grant Funding, Asset Financing as well as Continuous Business Mentorship – and this, is exactly what our business needed in order to move forward.” </span></p>
<p><span> </span></p>
<p><span>He added: “As a company, we strongly believe that the skills we acquired from this EEIP programme, which included Business regulatory governance structures and strategic business growth approaches/methods &#8211; have contributed to the success of our business to date. This programme has really helped us to achieve our goals, and it has taken our business to new heights.”</span></p>
<p><span> </span></p>
<p><span>Based in Sinoville, Tshwane, the second EEIP beneficiary is Dumisani Mkhwebane – a 38-year-old businessman who co-owns and runs TIA-Solutions &#8211; an IT company with Boitumelo Mkhwebane – a 36-year-old, businesswoman. Their business focuses on Secure Scalable IT Solutions by building cloud infrastructure through collaborative team efforts. This provides their customers with resilience from cyber-attacks and contributes to productivity, efficiency as well as business continuity.</span></p>
<p><span> </span></p>
<p><img class="alignnone wp-image-23319 size-full" src="https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/TIA-Dumisani.jpg" alt="" width="1000" height="667" srcset="https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/TIA-Dumisani.jpg 1000w, https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/TIA-Dumisani-844x563.jpg 844w, https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/TIA-Dumisani-768x512.jpg 768w" sizes="(max-width: 1000px) 100vw, 1000px" /></p>
<p>&nbsp;</p>
<p><span>Dumisani explained further: “As TIA-Solutions, we partner with multinational vendors such as Microsoft, Fortinet and Veritas which allow us to give our customers end-to-end, tailor-made IT solutions that cater to their business needs.” </span></p>
<p><span> </span></p>
<p><span>He also elaborated on how the company entered into the programme, Dumisani said: “We saw an advert on LinkedIn in 2023 about the EEIP Enterprise ED and decided to enter. We then received Capital Investment to buy computer equipment for our internal operations as well as company vehicles. In addition, we received Business Training and Skills development for our employees as well as other vital skills that we needed which included: Business Management Skills, Marketing and how to better position our company.</span></p>
<p><span> </span></p>
<p><span>“The programme has both Financial and Non-Financial benefits for Business Growth and Sustainability,” Dumisani added. “It is for these reasons that we would like to encourage other SMEs to apply to be part of the programme. We strongly believe that the ED programme will help grow other SMEs like it did ours and it will help a great deal in upskilling their workforce.”</span></p>
<p><span> </span></p>
<p><span>Importantly, this Samsung ED programme seeks to inspire potential future participants by demonstrating how the EEIP can help them kick-start their businesses. The tangible results articulated by these beneficiaries are a confirmation of Samsung’s commitment to empowering entrepreneurs and providing a reliable support system to SMEs in the country. </span></p>
<p><span> </span></p>
<p><span>Nicky Beukes, Samsung South Africa EEIP Project Manager concluded: “It is clear from these testimonials that through the reassurance and confidence offered by this Samsung EEIP ED programme – we are slowly, but surely achieving our intention of shifting the perception of potential candidates from &#8220;I&#8217;m working on something&#8221; to &#8220;I run a successful business”. As Samsung, we are happy to be delivering according to our programme’s overall and multi-faceted objectives which include the creation of a more inclusive and prosperous society through strategic investments, skills development and entrepreneurial support.” </span></p>
<p>&nbsp;</p>
<p><img class="alignnone wp-image-23318 size-full" src="https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/Nicky_24_631577.jpg" alt="" width="1000" height="1497" srcset="https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/Nicky_24_631577.jpg 1000w, https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/Nicky_24_631577-376x563.jpg 376w, https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/Nicky_24_631577-768x1150.jpg 768w, https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/Nicky_24_631577-684x1024.jpg 684w" sizes="(max-width: 1000px) 100vw, 1000px" /></p>
<p><span> </span></p>
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					<item>
				<title>Samsung EEIP Calls for Eligible ICT Enterprises to Apply for the ED Programme</title>
				<link>https://news.samsung.com/za/samsung-eeip-calls-for-eligible-ict-enterprises-to-apply-for-the-ed-programme?utm_source=rss&amp;utm_medium=direct</link>
				<pubDate>Wed, 16 Jul 2025 16:49:39 +0000</pubDate>
						<category><![CDATA[Citizenship]]></category>
		<category><![CDATA[Press Release]]></category>
		<category><![CDATA[DTIC]]></category>
		<category><![CDATA[EEIP Programme]]></category>
		<category><![CDATA[Enterprise Development]]></category>
		<category><![CDATA[SMME]]></category>
                <guid isPermaLink="false">https://bit.ly/3GRqIJz</guid>
									<description><![CDATA[Samsung in collaboration with the Department of Trade, Industry and Competition (DTIC) has opened its third call, inviting all suitable, black-owned ICT and]]></description>
																<content:encoded><![CDATA[<p>Samsung in collaboration with the Department of Trade, Industry and Competition (DTIC) has opened its third call, inviting all suitable, black-owned ICT and Service Centre SMMEs to apply for participation in this year’s Equity Equivalent Investment Programme (EEIP) for Enterprise Development (ED).</p>
<p>&nbsp;</p>
<p>Samsung’s R280-million worth EEIP, which was launched in 2019, has managed to demonstrate considerable success since its inception. In its six years of sustained success, this year represents the 3rd edition of the programme and seeks to continue making a measurable difference to the socio-economic development of black South Africans. This year’s call follows two successful cycles and forms part of Samsung’s broader commitment to the ICT sector, SMME development and the government’s Vision 2030.</p>
<p>&nbsp;</p>
<p><img class="alignnone wp-image-23040 size-full" src="https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/Umklomelo.jpg" alt="" width="1000" height="667" srcset="https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/Umklomelo.jpg 1000w, https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/Umklomelo-844x563.jpg 844w, https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/Umklomelo-768x512.jpg 768w" sizes="(max-width: 1000px) 100vw, 1000px" /></p>
<p>&nbsp;</p>
<p>Nicky Beukes, Samsung EEIP Project Manager said: “This programme has in the last few years seen great success and has also had a positive impact in the lives of entrepreneurs in the ICT space. As part of our transformation objectives, our EEIP programme continues to contribute to the sustainable development goals of the National Development Plan (NDP).”</p>
<p>&nbsp;</p>
<p>Importantly, through Samsung’s collaboration with the DTIC – these partners remain committed to making a positive contribution to broader economic growth and, to continue playing a significant role in both job creation as well as sustainable entrepreneurship opportunities within South Africa.</p>
<p>&nbsp;</p>
<p><img class="alignnone wp-image-23041 size-full" src="https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/TIA.jpg" alt="" width="1000" height="667" srcset="https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/TIA.jpg 1000w, https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/TIA-844x563.jpg 844w, https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/TIA-768x512.jpg 768w" sizes="(max-width: 1000px) 100vw, 1000px" /></p>
<p>&nbsp;</p>
<p>Beukes added: “And together with the DTIC, we have in the last few years re-affirmed our commitment to ICT development and economic transformation which are aligned to South Africa’s Vision 2030. This third edition of EEIP and its success to date, is a clear indication that Samsung&#8217;s significant investment in SMME development is yielding tangible results.”</p>
<p>&nbsp;</p>
<p>This third, consecutive call to all black-owned SMEs in the ICT and Service Centre space across South Africa is a great opportunity for the country’s ICT SMMEs to grow and shape the future of their businesses through this Samsung ED Programme.</p>
<p>&nbsp;</p>
<p><img class="alignnone wp-image-23042 size-full" src="https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/Phungela.jpg" alt="" width="1000" height="667" srcset="https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/Phungela.jpg 1000w, https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/Phungela-844x563.jpg 844w, https://img.global.news.samsung.com/za/wp-content/uploads/2025/07/Phungela-768x512.jpg 768w" sizes="(max-width: 1000px) 100vw, 1000px" /></p>
<p>&nbsp;</p>
<p>For more information on how to respond to the call and apply, please see link<span>: www.samsung.com/za/local-programme/ed-programme/</span></p>
<p><strong> </strong></p>
<ul>
<li>Main Page:  <a href="https://www.samsung.com/za/local-programme/ed-programme/">Samsung EEIP | Enterprise Development | Samsung South Africa</a></li>
<li>Application form: <a href="https://www.samsung.com/za/local-programme/ed-programme/application-form/">Samsung EEIP Application for Enterprises | Samsung South Africa</a></li>
</ul>
]]></content:encoded>
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					<item>
				<title>Samsung South Africa Launches New Equity Equivalent Investment Programme Initiatives</title>
				<link>https://news.samsung.com/za/samsung-south-africa-launches-new-equity-equivalent-investment-programme-initiatives?utm_source=rss&amp;utm_medium=direct</link>
				<pubDate>Sat, 11 Jul 2020 00:45:56 +0000</pubDate>
						<category><![CDATA[Citizenship]]></category>
		<category><![CDATA[Press Release]]></category>
		<category><![CDATA[Apply Now]]></category>
		<category><![CDATA[Black Economic Empowerment]]></category>
		<category><![CDATA[Business Doctors]]></category>
		<category><![CDATA[Enterprise Development]]></category>
		<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Samsung SA EEIP]]></category>
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									<description><![CDATA[  JOHANNESBURG, South Africa, 10 July 2020 – Samsung South Africa has announced its EEIP (Equity Equivalent Investment Programme) plans aimed at]]></description>
																<content:encoded><![CDATA[<p><img class="size-medium wp-image-8813 aligncenter" src="https://img.global.news.samsung.com/za/wp-content/uploads/2020/07/EEIP-KV_859x334-WithCopy-859x334.png" alt="" width="859" height="334" srcset="https://img.global.news.samsung.com/za/wp-content/uploads/2020/07/EEIP-KV_859x334-WithCopy.png 859w, https://img.global.news.samsung.com/za/wp-content/uploads/2020/07/EEIP-KV_859x334-WithCopy-768x299.png 768w" sizes="(max-width: 859px) 100vw, 859px" /></p>
<p>&nbsp;</p>
<p><strong>JOHANNESBURG, South Africa,</strong><strong> 10 July 2020 </strong>– Samsung South Africa has announced its EEIP (Equity Equivalent Investment Programme) plans aimed at empowering previously disadvantaged South Africans with a focus on women and youth in the ICT sector. The programme initiatives are set to strengthen black economic empowerment through enterprise development, thus boosting economic growth and job creation.</p>
<p>&nbsp;</p>
<p>The programmes are formulated to make a measurable difference and are aligned to the overarching objectives of the NDP Vision for 2030 and the Gauteng Township Economy Revitalisation Strategy. The aim is to find and support &#8211; through grant funding &#8211; high potential entrepreneurs to grow their business sustainably. Additionally, a focus on establishing black businesses in the heart of townships has been prioritised.</p>
<p>&nbsp;</p>
<p>“As a global leader in mobile and consumer electronics, our extensive experience and deep technical skills can be leveraged to empower South Africans to harness the power of technology to be leaders of the Fourth Industrial Revolution. Samsung is firmly committed to growing South Africa through socio-economic change and welcomes the submissions of those who want the opportunity to create a more inclusive and prosperous society”, says Hlubi Shivanda, Director: Business Innovation Group and Corporate Affairs at Samsung South Africa.</p>
<p>&nbsp;</p>
<p>Samsung is focusing on the following priority areas in the ICT sector and achieving outcomes of national interest with regards to entrepreneurship development:</p>
<p>&nbsp;</p>
<h3><span style="color: #000080;"><strong>2 X Accredited Service </strong><strong>Centres</strong><strong> entrepreneurs</strong></span></h3>
<p>&nbsp;</p>
<p>The Service Centre programme will bring skilled black engineers to townships and peri-urban areas with sufficient retail footprint  to tackle the repair of mobile devices and consumer electronics that are subjected to rapid technological advancement and changing consumer needs. Samsung is to provide two selected entrepreneurs grant-funding to support operations, specialist business development support and access to Samsung’s service repair network.</p>
<p>&nbsp;</p>
<h3><span style="color: #000080;"><strong>2 X Marketing and Advertising entrepreneurs</strong></span></h3>
<p>&nbsp;</p>
<p>The Enterprise Development programme will contribute to transformation in the marketing and advertising industry, contributing to job creation through entrepreneurship.Samsung is to provide support  to successful entrepreneurs in the form of grant-funding and access to supply chain opportunities to grow the business.</p>
<p>&nbsp;</p>
<h3><span style="color: #000080;"><strong>1 X ICT Entrepreneur</strong></span></h3>
<p>&nbsp;</p>
<p>The Samsung SA EEIP is searching for a talented black software development business with potential, that can help overcome the challenges faced in the era of the Fourth Industrial Revolution. Samsung is to provide grant-funding to capitalise the business and access to specialist business development support services.</p>
<p>&nbsp;</p>
<p>Ultimately, The Samsung SA EEIP will make a measurable difference to the socio-economic development of black South Africans.</p>
<p>&nbsp;</p>
<h3><span style="color: #000080;"><strong>How To Apply: Follow The Application Process Below To Submit Your Application</strong></span></h3>
<p>&nbsp;</p>
<p>Applications will be facilitated by Samsung’s partner <a href="http://businessdoctors.co.za/" target="_blank" rel="noopener">Business Doctors</a></p>
<p>&nbsp;</p>
<p><strong>Step 1:</strong> Apply online by submitting the required documentation (as stipulated on the Business Doctors website)</p>
<p>&nbsp;</p>
<p><strong>Step 2:</strong> Business Doctors will evaluate all submissions against the published qualifying criteria and shortlist  applications for second round of evaluation.</p>
<p>&nbsp;</p>
<p><strong>Step 3:</strong> Shortlisted candidates will be notified by Business Doctors regarding the next steps in the evaluation process.</p>
<p>&nbsp;</p>
<p><strong>Step 4:</strong> Successful candidates will be publicly announced.</p>
<p>&nbsp;</p>
<p>Apply <a href="https://www.samsung.com/za/local-programme/ed-programme/" target="_blank" rel="noopener">here</a></p>
<p>&nbsp;</p>
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