Black Umbrellas is an enterprise and supplier development (ESD) incubation organisation that partners with entrepreneurs, enterprises, investors and communities, to drive an inclusive and sustainable economic future by addressing the low levels of entrepreneurship and high failure rate of 100% black-owned emerging businesses in Africa.
Black Umbrellas focuses on developing qualifying businesses to a level where they can gain meaningful access to procurement, finance and networks and then facilitating access to these opportunities. While our programmes and platforms are available to any business at any stage of their development, our primary enabler is the Enterprise and Supplier Development requirements of the B-BBEE Codes of Good Practice.
Black Umbrellas services
- Incubation Programmes
- Enterprise & Supplier Development
- Black Umbrellas CGC Consulting - a specialised procurement, supply chain and ESD consulting business in partnership with Clive Govender, the CEO and Founder of CGC Consulting.
- The Black Umbrellas Mianzo SMME ESD Debt Fund provides pre-invoice working capital finance to businesses receiving non-financial support from Black Umbrellas.
- Black Umbrellas Payment Accelerator is a patented supply chain finance and invoice validation platform that provides businesses with access to the short term finance solutions they need to grow.