Partner Content | July 23, 2025
With a significant boost to the situation for South Africa's small and medium-sized enterprises, Samsung has partnered with the Ministry of Trade and Industry Competition (DTIT) to open its third call for the Small, Medium and MicroEnterprise (SMME) of eligible Black-owned ICT and Service Centres to participate this year. Equity Equivalent Investment Program (EEIP) Enterprise Development (ED).
The initiative represents a continuing investment of R280 million to empower local businesses and promote socioeconomic development.
Since its founding in 2019, EEIP has witnessed notable achievements and cemented its role as a powerful catalyst for the advancement of black entrepreneurs within the ICT sector. As part of Samsung's lasting commitment to harnessing the possibilities of SMMES, this year's third edition programme is working with the government's Vision 2030, looking to build on the success of its predecessors.
“This program has been a huge success in recent years and has had a positive impact on the lives of entrepreneurs in the ICT field. As part of our transformational objectives, we have been working to help you understand the needs of our customers. EEIP Program It continues to contribute to the National Development Plan (NDP) Sustainable Development Goals. ”
Because of its focus on economic change, Samsung's initiative is evidence of the potential of black-owned businesses within South Africa's ICT landscape. By inviting local small businesses to participate in the program, EEIP provides a unique platform for entrepreneurs to expand their operations and drive innovation.
Beukes detailed the partnership with DTIC, saying, “In recent years, we have reaffirmed our commitment to ICT development and economic change in line with South Africa's Vision 2030.
The application call is open to all black-owned SMMEs in the ICT and Services Centre sector in South Africa, reflecting the unwavering dedication to promoting Samsung's growth and fostering an inclusive entrepreneurial ecosystem. This initiative not only helps to raise SMME, but also plays a pivotal role in job creation and sustainable development across the region.
For those interested in seizing this opportunity and pushing your business into a new perspective, additional information on how to apply can be found at www.samsung.com/za/localprogramme/edprogramme/.
“Disclaimer – the views and opinions expressed in this article are the views of the author and are not necessarily those of the Bee Room.”
