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Enterprise & Supplier Development

Masthead’s Enterprise and Supplier Development (ESD) programmes

Masthead offers businesses an opportunity to participate in Enterprise and Supplier Development (ESD) programmes. Our programmes are designed to help grow qualifying black-owned financial advice businesses into sustainable enterprises and assist small and medium-sized suppliers with Practice Management solutions.

Partnering with us in an ESD programme is easy and the benefits are significant. In addition to helping black-owned enterprises to grow, your participation would facilitate business incubation, job creation, transformation and economic growth. It would also contribute towards meeting the need for financial advice in communities with minimal or no access to advice.

Furthermore, you would be fulfilling one of the three priority elements on the B-BBEE scorecard. If you are a participant in the financial services sector, your corporate would also be meeting the requirements of the Financial Sector Code.

What is Enterprise and Supplier Development?

ESD is the time and capital that corporates invest to help black-owned small and medium-sized enterprises (SMEs) set up, grow and improve their capabilities. The aim is to develop sustainable SMEs that generate jobs and drive economic growth and development. This leads to long term national economic growth.

ESD is also an effective way to facilitate economic transformation. As such, ESD is a strategic priority of the government and a key aspect of Broad-Based Black Economic Empowerment (B-BBEE).

Read more about B-BBEE

ESD programmes

Corporates are required to play a role in developing black-owned SMEs and/or providing opportunities for these entrepreneurs to do business. This can be done through Enterprise Supplier Development (ESD) programmes like business development for existing businesses or assisting newly founded businesses with business incubation.

To achieve success, these programmes should transfer skills and capital in a strategic manner that leads to sustainable growth.

By partnering with Masthead in such a programme, your investment will help qualifying black-owned financial service providers (FSPs) to grow. Our programmes aim to assist these FSPs to achieve financial and operational independence.

Why partner with us?

Masthead has offered a range of services and solutions to the financial services industry since 2004. We understand the industry, the context within which FSPs do business and the specific needs of black-owned FSPs. Our national footprint also positions us well to access black-owned FSPs across South Africa. If you have any questions, contact us.


If you are a corporate or organisation in the financial services industry and would like us to partner in your ESD programme to provide holistic support for black-owned FSPs, click below.


If your FSP would like to apply to access our ESD support opportunities, you can send us your details by clicking on the button below and we will send you more information regarding the support.

Masthead is committed to creating opportunities for qualifying FSPs through ESD programmes. Specifically, we can assist the qualifying FSPs by providing:

  • tools to assist in accessing markets
  • skills development
  • facilitating access to funding
  • our industry-specific solutions and services for FSPs (practice management and compliance).

We have already made a difference to qualifying black-owned FSPs through ESD partnerships.

Read about some of the programmes we have executed


A national supplier of risk management services to independent financial advisors and other licensed financial service providers (FSPs). Established in 2004, we help our clients overcome their risk management challenges so they can grow and thrive in an increasingly regulated industry. Providing professional guidance and practical support, our team of specialists is passionately committed to delivering tangible solutions.

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Masthead is a level 1 B-BBEE contributor.

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