The AIQ solution was conceived in 2014 when its founding members became disillusioned with the status quo of white-owned traditional incubators who had been cannibalizing the ED and SD budgets of large corporates to enrich themselves instead of supporting sustainable black economic empowerment through the delivery of appropriately capacitated beneficiaries to whom shifting significant preferential procurement spend of their clients would be possible.
AIQ developed the RESET model which it utilizes to shift billions of rands worth of procurement towards its Beneficiaries, who are properly developed, strategically capacitated and adequately funded.
AIQ works closely with the South African Department of Trade and Industry’s Black Industrial Support program to expedite black economic empowerment for the benefit of all South Africans.
AIQFutures (AIQ) is a leading advisory firm that delivers rapid, equitable and sustainable economic transformation through a pioneering proprietary model anchored in Enterprise and Supplier Development in support of the Broad-Based Black Economic Empowerment Act.
We specialise in creating Black Industrialists by applying our unique methodology which accelerates the growth trajectory of black-owned start-up businesses (EME’s and QSE’s) in order for those EME’s to compete head-to-head with historical generic and untransformed legacy suppliers.
We draw on an exclusive, ever increasing, portfolio of aspiring entrepreneurs carefully selected and properly supported, combining raw talent and business acumen to realise our vision. We develop Africaneurs!
AIQ is able to rapidly and authentically transform the supply chain of any large, listed or blue-chip company in order to realize the spirit of economic transformation and go beyond simple compliance.
By leveraging Preferential Procurement and harnessing the concessions afforded to new entrant black entrepreneurs, as legislated through the Enterprise Development and Supplier Development codes, AIQ is uniquely capable to develop and capacitate black-owned start-ups who are then almost immediately able to compete head-to-head on price, quality and service with some of the largest historical generic suppliers. Shifting procurement therefore becomes achievable with zero business delivery risk to the corporate which is often the main impediment to transformation. All of this within the first year of operation.
It is important to note that the AIQ Beneficiaries, who are level 1 BO EME’s and QSE’s, are capacitated suppliers of those targeted products and services usually procured from the historical top 20-50 suppliers-by value, of blue-chip companies. That is where real transformation is desperately required and where it really matters.
Gone are the days of ESD programs who only deliver peripheral line-item suppliers, and never challenging the old 'boys club of core-business suppliers…
AIQ has an ever-growing list of clients that includes major banks, insurance companies, industrial groups, ICT companies as well as major retail chains.
AIQF’s goal is to deliver the first R1bn turnover and R500m NAV ESD Beneficiary borne from humble beginnings of a properly structured, fully stakeholder immersed Enterprise and Supplier Development program.
AIQF is ever mindful that company turnover is not the only key measure of success however should we achieve the goals above it would mean that AIQ was able to utilise preferential procurement as intended to anchor the rapid growth and success of beneficiaries exactly as the codes intended.