Your business is looking at the vocational training market in the Western Cape, which is worth about R800 million. This market is currently not growing or shrinking, with zero year-over-year growth, so it's a stable space to operate in. It's also relatively uncrowded, with only one supplier currently serving the needs of one department, which could be a favourable position for you to get a foothold. The Department of Labour or Education might be a good organisation to target, given the nature of the vocational training programme. If I were you, I'd analyse the Black Economic Empowerment (BEE) requirements, noting that about 30% of the allocation favours black-owned businesses, and position your business to meet these criteria to increase your chances of securing a contract.
R800
1
1
R400
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
30.3%
16.8%
0.0%
0.0%