Grant sectors
In support towards a sustainable development approach for economic projects that complements the new growth path objectives. It is imperative that the applicant furnishes evidence to support the application for a grant that clearly demonstrates that the current business is a healthy going concern. This shall include inter alia a set of financials and a business plan that clearly reflects current status and the ability to expand its operations into the future. Grants shall be influenced by the applicant’s risk profile in terms of its years of existence.
Development grants
Development grants are awarded for the purposes of contributing towards achieving Eskom’s strategic objectives, the objectives of the new growth path, and meeting identified economic and social needs. Such initiatives are considered and approved in accordance with the necessary delegation of authority.
Economic grants
Economic grants are approved for the purposes of contributing to the development and sustainable growth of SMMEs from previously disadvantaged communities in order to bridge the divide between the second and first economy. In addition, the focus shall be on job creation, skills development and the alleviation of poverty.
Projects in the following sectors may, for instance, be considered for economic grants:
• Agriculture
• Manufacturing
• Trade and services
Social grants
Social grants are approved for the purposes of contributing to the development of formally constituted/registered, non-profit organisations (CBO/NGO/NPO/PBO/VO/WO) social projects from primarily disadvantaged communities in order to aid their sustainability and growth.Projects in the following sectors may, for instance, be considered for social grants:
• Education
• Health
• Potable water
• Sanitation
Note on sponsorships
Sponsorships do not form part of Eskom CSI initiatives and consequently are not included in this policy. Sponsorships are a form of marketing in which a brand is associated with an activity or entity in order to exploit the commercial potential created by this association. Sponsorships are given for business reasons and therefore need to be leveraged, tracked and measured to ascertain their return on investment. Such initiatives are undertaken in accordance with the sponsorship policy, which is the responsibility of Group Communication department.
