
Through SPF, the National Empowerment Fund will facilitate BB-BEE in the following ways:
• Warehouse and distribute equity to BB-BEE at lower valuations once the project is operational or de-risked;
• On behalf of BB-BEE, assume most of the financial and project risk while projects are still at an early stage;
• Assist BB-BEE in structuring their participation in these projects;
• Promote the involvement of black people in company operations at an early stage;
• Promote the sourcing of services and supplies from BB-BEE service providers.