Samsung South Africa runs an Equity Equivalent Investment Programme (EEIP) stream that backs black‑owned small and medium enterprises (SMEs) in consumer‑electronics repair and broader ICT services. The initiative is entering its seventh annual intake and seeks to expand South Africa’s pool of accredited, independently owned Samsung service centres . Successful applicants receive a mix of financial support, skills development, and integration into Samsung’s national after‑sales network.
Programme Overview
- Name: Samsung Enterprise Development (ED) Programme, a pillar of the wider EEIP.
- Objective: Stimulate job creation and economic inclusion by growing locally owned repair hubs and ICT solution providers.
- Structure: Grant capital plus wrap‑around business‑development assistance delivered through Samsung and independent partner organisations.
- Duration: Support runs for the full set‑up phase and extends into ongoing operational mentoring.
Eligibility Criteria
- South African‑registered entity that is at least 51 % black‑owned.
- Trading history of one year or more in electronics repair or ICT.
- Annual turnover below $2.84 million (R50 million) (EME or QSE under the B‑BBEE Act).
- Demonstrated technical track record, relevant certifications and solid managerial capacity.
Support Package
- Grant Funding: Capital to secure or fit‑out a retail‑visible service‑centre site.
- Business Development: Mentorship, systems setup, marketing resources and procurement guidance.
- Supply‑Chain Access: Direct link to Samsung’s spare‑parts logistics and nationwide repair ecosystem.
- Brand Leverage: Use of Samsung signage, standards and customer‑service frameworks.
Application Process
- Online submission via the programme portal when the “Apply Now” button is active.
- Independent screening against eligibility benchmarks.
- Short‑list interviews and second‑round evaluations.
- Outcome notification: onboarding for selected firms; formal feedback for all others.
Documentation Checklist
- CIPC company registration and share certificate.
- Latest financial statements (≤ 12 months old).
- Industry certifications (e.g., SAMCRA, CompTIA A+).
- Portfolio of completed repair/ICT contracts.
- Lease agreement or proposed site details.
- CVs of key team members.
Deadline
- The submission of applications will close on 15 August 2025. All applications received later than 15 August 2025 will be disqualified.
Samsung’s ED Programme remains a significant avenue for black‑owned South African tech businesses seeking scale‑up capital, mentorship and integration into a global electronics brand’s service network. Firms that meet the criteria can watch the official portal for the next call‑for‑entries and prepare submissions ahead of time.