At Veda we strive for community development and business objectives to be in sync. Our aim is to empower and enable – not just start-up businesses – but businesses that create employment and stability in their communities. Creating suppliers that are reliable and competitive, leads to growth and opportunities for all. The time for extraordinary sustainable change is now and our efforts are aligned to create that change. Following the Codes of Best Practice guidelines, we focus on Enterprise Development and Supplier Development. Each of these very different objectives are contributing essential scorecard points to our clients, but also servicing the families and communities of beneficiaries. By providing funding and ancillary support to black owned businesses we address unemployment and create enduring change.
As responsible corporate citizens in South Africa, our clients are incumbent to contribute funds to Enterprise and Supplier Development, to assist in the development and growth of black owned businesses towards a sustainable and inclusive South African economy. This is also a key requirement for all businesses to retain, and improve, their level of B-BBEE accreditation.
At Veda we don’t believe in charity. We believe in a philosophy of philanthropy looking at a far more long-term purpose. Veda embraces a social conscience that allows our collective humanness to triumph.
The importance of knowing your contributions are used to attain these lofty ideals are equally important to us. That is why Veda Development offer the following benefits to our clients:
• Immediate access to your B-BBEE Code scorecard points
• Development plans tailored around your business, to optimise your contribution
• Long-term social and economic impact assessments
• Full set of records with audit trail to ensure compliance