Companies that participate in SSACI projects may draw the following benefits, depending on the nature of their involvement:
Financial contributions will bring:
- Full tax deduction for the value of the contributions
- Points on the company’s BBBEE scorecard for socio-economic development (Code 500
Hosting workplace experience for students or instructors from colleges will bring
- Free use of their labour
- Points on the company’s BBBEE scorecard for skills development (Code 300)
- First option to hire them as employees on completion of their training
- Opportunities to influence the content and methodology of college curricula
- Job enrichment and the opportunity for professional development of existing staff
- The PR value of partnering with government on a project of national importance