All those old phones, computers and other electronics filling the world’s landfills are a big problem, as well as a massive opportunity for those who know what to do with it. In an attempt to foster this notion, and do some social good, Samsung South Africa is searching for two established black industrial businesses in the e-waste sector.
Samsung is looking to help these two companies elevate their business to the next level by providing business support in many different areas, including grant funding, skills development, mechanisation and more.
A black-owned incubator will also be made available to provide expert advice to the fledgling companies.
This forms part of Samsung’s Equity Equivalent Investment Programme (EEIP) which is a R280 million endeavour that forms part of the Department of Trade and Industry (dti) initiative to contribute towards B-BBEE.
The programme is also part of the National Development Plan 2030 to address poverty in South Africa by way of job creation.
“Samsung is focused on two very important missions – the growth of entrepreneurship in the country and the development of e-waste programmes. This e-waste project achieves both objectives and affirms our commitment to growing South Africa and preserving the nation’s natural resources,” says director of Samsung South Africa’s business innovation group and corporate affairs, Hlubi Shivanda.
To find out if you and your company qualify for this initiative, head on over to the official page on Samsung South Africa’s website, which is also where you can apply after reading through all the Ts and Cs.