Institutional food services equipment

Your business is looking at a market for institutional food services equipment in the Western Cape, which is worth about R280 million. This market is relatively stable, with no year-over-year growth, so you won't have to worry about it shrinking or exploding anytime soon. It's also a fairly niche market, with only 18 suppliers currently working with 8 different government departments, so you'll have some room to manoeuvre. Notably, the government is favouring businesses with strong black economic empowerment credentials, with over 82% of the allocation going to black-owned businesses. If I were you, I'd make sure your organisation has a solid Broad-Based Black Economic Empowerment programme in place to increase your chances of securing contracts in this space.