After two successful years in a row, the International Trade Programme (ITP), MEDO has announced that the organisation has launched the National Trade Programme (NTP).
While the ITP will continue running twice a year, the NTP will run throughout the year and will afford local entrepreneurs the opportunity of conducting business across the country by funding their travel and accommodation costs.
“The goals of the programme are to encourage small businesses to trade outside their cities of origin and to remove the barriers to trade that usually relate to the cost of business travel to prospect and close sales,” says Judi Sandrock, CEO of MEDO.
This NTP is a Supplier Development Programme and will earn the sponsoring private sector partners full supplier development credits. The private sector sponsors of this first programme are Tsogo Sun for accommodation and Comair for the air travel. The first beneficiaries of the programme who were in Cape Town to attend the launch and to conduct business meetings and take part in the annual Smart Procurement World conference are:
- Victor Mazibuko - MCC VIC Trading cc
- Raphael Mohlala - Phakamo Holdings
- Nhlanhla Mthembu - Bizdev Concepts
- Sechaba Ngwenya - Creditable
- Josias Motsoeneng - AC Electromech Maintenance Services
In addition to facilitating the programme, MEDO will provide on-going shared services support to the entrepreneurs through the MEDO Youth Incubator in Johannesburg.
The aim is to run a reciprocal programme in September 2014 linked to the Johannesburg Smart Procurement World Conference. Applications are open on the MEDO website www.medo.co.za/apply.
MEDO is not only helping to secure supplier relationships and expand trade within and outside South Africa, the company’s vast cumulative knowledge and experience in the Enterprise Development space ideally positions them to assist corporate clients with their ED strategies and BBBEE point accrual.
MEDO has recognised the need to assist organisations to develop winning Enterprise Development strategies, operational roll-out plans and other related advisory services to support their BBBEE and broader investment priorities. A robust Supplier Development Programme has been developed to prepare for the revised BBBEE codes.