Environmental laboratory services
Your business is considering getting into environmental laboratory services in Gauteng, which is a market worth about R778 million. This market is relatively small and not growing, with no year-over-year growth, which could make it challenging to find new opportunities. It's also a very crowded market with only a couple of suppliers, specifically 2, currently serving the needs of just 1 department. The Department of Environmental Affairs is likely one of the key departments to target, and it's worth noting that black-owned businesses have a favourable allocation of about 8.5% of the spend. If I were you, I'd focus on building relationships with the key decision-makers in this department to get a foothold in this market.
R778K
2
1
R195K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
8.5%
1.0%
0.1%
0.0%