Your business is looking at a market in Mpumalanga for biological science services that's worth about R4.7 million. This market is relatively small and not growing, with no year-over-year growth, which could make it more challenging to find new opportunities. It's also a fairly exclusive market, with only 5 suppliers currently working with the single department that's procuring these services. The good news is that there's a strong favour towards businesses with black ownership, women ownership, and youth ownership, with about 46%, 29%, and 24% of the allocation going to these organisations respectively. If I were you, I'd focus on building relationships with the department in Mpumalanga and highlighting your business's black, women, or youth ownership to increase your chances of securing a contract.
R5M
5
1
R787K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
46.4%
29.1%
23.9%
0.1%