Contributing Companies may nominate their own Projects or pick any of our existing projects to support
We are constantly adding new projects to develop and support. Our model provides for starting new enterprise and / or supplier projects, or investing in existing businesses.
Smaller ESD Contributions
It is however not practical and financially viable to allocate small amounts of ESD Contributions to prescribed ESD Projects on a contribution-by-contribution basis. The ESD Company will therefore aggregate various smaller ESD contributions from multiple Contributing Companies and combine and invest their Contributed Capital on a consolidated basis into Qualifying and Approved ESD Projects. In this manner, the ESD Company creates critical mass, cost efficiencies and enables all Contributing Companies to share in the equity successes of such ESD projects on a pro-rata basis. Contributing companies may however indicate preference to which projects ESD funds should be allocated.
Larger ESD Contributions
In accordance with our Fund Rules, it may be agreed that a a separate class of ESD Share may be issued to the Contributing Company enabling it to determine, together with the Company and its Black Fund Managers, an Investment Mandate and nominate its own existing or future ESD Projects to be funded through its Contributed Capital.
Details of the Investment Mandate to be agreed between the Contributing Company, the Company and The Black Fund Managers will be recorded in the Class ESD Shares Subscription Agreement.
Current and potential future projects are listed below:
B4iFuel
Website launching soon
B4i Fuel has been established to enable black fuel wholesalers to overcome the difficulties in securing and delivering high value and high volume corporate diesel and fuel contracts, including assistance with credit, systems and delivery methodology.
B4iCooling
Website launching soon
B4iCooling is an innovative project enabling the establishment of black entrepreneurs delivering clean air cooling systems and support services to the retail sector and other industrial and related sectors.
Futureneers BEE Startup Academy
Website launching soon
Futureneers have developed tailor-made solutions to assist with the incubation, development and acceleration of Startups and roll-out of such companies in accordance with the B4i Empowerment model.
BizKick-Starter
Website launching soon
Futureneers have developed tailor-made solutions to assist with the incubation, development and acceleration of BBBEE-owned Startups.
Travel-Thembi
Website launching soon
Travel Thembi is a BBBEE-owned virtual travel agency platform specialising in Corporate travel and events.
TERMS AND CONDITIONS
(1) Futureneers B4i Empowerment RF (Pty) Ltd ("the Company") offers Corporates and Private Companies the opportunity to participate in its BBBEE ESD programs through making a minority investment in its ESD Fund or participating via ESD structured Loans, for which the contributing companies may receive ESD Scorecard recognition, a tax deduction in accordance with Section 12J and be issued equity in the fund.
(2) The main objective of the Company is not to maximise financial return for investors, but to promote and execute its BBBEE empowerment objectives, ensure participants maximise their BBBEE Scorecard points, receive a tax incentive, and further equity benefits as described herein, while at the same time promoting its sustainable black empowerment model and developing black entrepreneurs.
(3) The Company is a registered and authorised financial service provider (FSP registration number 47705) and a registered Section 12J Venture Capital Company (SARS registration number VCC-0053).
(4) Please further note that an investment in Futureneers B4i Empowerment RF (Pty) Ltd is by invitation only and not available as an offer to the public. Only companies wishing to participate in the Company's Enterprise and Supplier Development programme will qualify for potential investment after pre-screening. To enquire about participating in our ESD programme, please complete the contact us form on our website and we will put you in touch with one of our senior executive and FCSA registered representatives.
(5) All potential benefits and savings referred to on this website relate to a potential income tax saving should the investors deduct their full investments for income tax purposes in accordance with section 12J of the Income Tax act, assuming the client is a company being taxed at the current corporate tax rate of 28%, and assuming the investment is made in qualifying entities and the Investor qualifies for the tax benefit, and BBBEE benefits assuming all relevant conditions of the BBBEE Codes are met.
(6) This website is for information purposes only. Should you require further information about participating in our ESD programme, please contact one of our registered and authorised representatives (details on the website).
(7) DISCLAIMER: The content provided on this website does not constitute as solicitation, guidance, proposal, invitation or investment recommendation or advice, and prior to considering such an investment, we recommend prospective investors seek specialised BBEE, financial, legal and tax advice.