Your business is considering the commercial sports market in the North West province, which is worth about R3.9 million. This market is relatively small and not growing, with no year-over-year growth, so you'll need to be strategic to get a foothold. It's also a fairly exclusive market, with only 4 suppliers currently serving 3 departments, so you'll face some competition. The good news is that the government is committed to supporting black-owned, women-owned, and youth-owned businesses, with a significant portion of the spend allocated to these groups, such as 82.56% to black-owned businesses. If I were you, I'd focus on building relationships with the key departments in the North West province to understand their needs and see where your business can add value.
R4M
4
3
R970K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
82.6%
53.4%
28.3%
0.9%